Greek deposits inch up again in June, reaching 163.21 bln

EconomyMacroeconomy Tags: Banking, BoG, Liquidity

Greek private sector deposits increased 0.7 percent month on month (MoM) in June, with balances rising for the fourth straight month and reaching 163.21 billion euros, according to the Bank of Greece (BoG).

Monthly net inflows more than doubled to 1.22 billion euros in June from 558 million in May. The positive flow in June largely reflects sight inflows of 1.67 billion and - to a lesser extent - savings’ inflows of 229 million more than offsetting time ou...

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