Marginal deposits outflow of 212 million euros in August

EconomyMacroeconomy Tags: Banking, BoG, Liquidity

Greek private sector deposits marginally eased 0.11 percent month on month (mom) in August with balances reaching 162.21 billion euros. Net flow remained slightly negative for the third consecutive month with outflows at 212 million in August from 161 million in July.

The monthly flow reflects time net deductions at 705 million more than offsetting savings inflows of 394 million. It is worth noting that the year to date flow still remains positive at 838 million on time inflows of 1.78 billion counterbalancing sight ...

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