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EconomyBanking
Loans managed by servicers rise by 10.44 bln in Q3 as banks clean up balance sheets In the third quarter (Q3) of 2021, loans managed by Credit Servicing Firms (CSF) stood at 72.2 billion euros, according to data released by the Bank of Greece (BoG) on Thursday.
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EconomyBanking
BoG sees banks on right path, warns impact of pandemic not visible yet The progress made by Greece’s banks to clean up their balance sheets was reflected in the latest financial stability report published by the Bank of Greece (BoG) on Thursday.
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EconomyMacroeconomy
Credit growth stable at 0.9 pct in Oct, led by lending to corporates Credit movement in the Greek private sector increased by 0.9 percent year-on-year (YoY) in October, from a revised 0.8 percent in September and 0.8 percent in August, Bank of Greece (BoG) figures released on Friday showed.
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EconomyMacroeconomy
Deposits growth slows to just 11 mln in Oct The net private sector deposit movement in the Greek banking system remained broadly stable in October, rising by just 11 million, from 441 million euros in September and an increase of 1.48 billion euros seen in August.
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EconomyMacroeconomy
Apartment prices rise 7.9 pct in Q3, continuing upward trend The rise in the nominal value of apartments in Greece accelerated to 7.9 percent year-on-year (YoY) in the third quarter, from an upwards revised 6.2 pct in the second quarter, Bank of Greece (BoG) data released on Tuesday showed.
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EconomyMacroeconomy
Travel receipts of 2.18 bln in Sep as arrivals pick up and spending per trip increases Greece’s travel balance recorded a surplus of 2.06 billion euros in September, from 815.6 million euros a year ago, according to Bank of Greece (BoG) data released on Monday.
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EconomyMacroeconomy
Current account balance improves YoY in Sep thanks to a jump in services, led by travel Greece posted a current account (C/A) deficit of 176.7 million euros, from a surplus of 1.41 billion euros in August, Bank of Greece (BoG) data showed on Friday.
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EconomyMacroeconomy
Central gov net cash position shows deficit reined in from last year to 6.97 bln Greece’s central government recorded a primary cash deficit of 6.97 billion euros up to October, from a deficit of 9.04 billion euros last year, according to figures released by the Bank of Greece on Wednesday.
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EconomyMacroeconomy
Deposits rise by 443 mln in Sep, but flow drops significantly The net private sector deposit movement in the Greek banking system decelerated in September to 443 million euros, after an increase of 1.48 billion euros seen in August, based on Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
Credit expansion slows to 0.7 pct in Sep as loans to enterprises lead way Credit movement in the Greek private sector increased by 0.7 percent year-on-year (YoY) in September, from 0.8 percent in August, according to Bank of Greece (BoG) figures released on Wednesday.