Economy

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Photo via https://flic.kr/p/j1gHCm Credit expansion slows in Jan with 2.73 bln outflow

The credit expansion in the Greek private sector slightly slowed in January, rising by 3 percent year-on-year (YoY), up from 3.6 percent in December, Bank of Greece (BoG) figures released on Tuesday showed.

Photo via https://flic.kr/p/95a2dS Jan sees sharp drop of 5.24 bln in deposits, led by corporations

The net private sector deposits in the Greek banking system contracted significantly in January with a drop of 5.24 billion euros, after a 6.38 billion euros jump in December, based on the latest Bank of Greece (BoG) figures released on Tuesday.

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