Deposit flow turns negative with outflows of 681 mln in Oct

EconomyMacroeconomy Tags: Banking, BoG, Liquidity

Greek private sector deposit flow turned negative, with outflows of 681 million euros in October after the upward revised inflows of 561 million recorded in September, Bank of Greece (BoG) data showed on Thursday.

This is the first negative reading since July after cumulative inflows of 1.01 billion posted in the preceding two months. As a result, the outstanding amount of deposits fell accordingly to 121.08 billion.  

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