Deposit flow remains negative for the second straight month with outflows of 390 mln in November

EconomyMacroeconomy Tags: Banking, BoG, Liquidity

The Greek banking system recorded deposit outflows for the second successive month of 390 million in November from 681 million in October, Bank of Greece (BoG) figures displayed on Wednesday.

As a result, the negative flow in the last two months more than offset the inflows in the preceding two months resulting in net outflows of 60 million since August, when the government reached an agreement with its eurozone partners on the third bailout...

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