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Lending to corporations in Sep thrusts credit expansion to highest rise since 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in September, rising by 6 percent year-on-year (YoY), from 5.8 percent in August, and 5.5 percent year-on-year in July, Bank of Greece (BoG) figures released on Wednesday showed.
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Deposits up to highest since 2011 after 2.27 bln rise in Sep
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in September accelerated to 2.27 billion euros, after it had slowed down to just 89 million euros in August, and 483 million euros in July, based on Bank of Greece (BoG) figures released on Wednesday.
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Travel surplus at 11.46 bln for 8M, beating 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.83 billion euros in August, from a 3.52-billion-euro surplus in July, according to Bank of Greece (BoG) data released on Monday.
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Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June, Bank of Greece (BoG) figures released on Tuesday showed.
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Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in August slowed down further to 89 million euros, from 483 million euros in July, and a jump of 2.72 billion euros in June, based on Bank of Greece (BoG) figures released on Tuesday.
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Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.52 billion euros in July, from 2.42 billion euros in June, according to Bank of Greece (BoG) data released on Wednesday.
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Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
EconomyMacroeconomyGreece posted a current account (C/A) surplus of 1.1 billion euros in July, from a deficit of 722.9 million euros in June, Bank of Greece (BoG) data showed on Tuesday.
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Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed.
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Growth in private sector deposits slows to 483 mln in July as corporate deposits drop
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in July slowed down to the lowest since April, rising by 483 million euros, from a jump of 2.72 billion euros in June, and 1.31 billion euros in May, based on Bank of Greece (BoG) figures released on Friday.
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Travel balance of 4.19 bln in H1 beats 2019 as tourism sector leaves pandemic behind
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 2.42 billion euros in June, from 1.19 billion euros in May, according to Bank of Greece (BoG) data released on Monday.