Deposits rise for third straight month in May, reaching 162.1 bln

EconomyMacroeconomy Tags: Banking, BoG, Liquidity

Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching 162.1 billion euros, according to the Bank of Greece (BoG).

The net flow remained positive for the third straight month with inflows slightly increasing to 548 million euros in May from revised 411 million in April. May’s flow is fully attributed to time inflows of 749 million, while sight and savings posted mod...

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