Deposits slide by 795 mln in Apr, dropping to 198.37 bln

EconomyMacroeconomy Tags: BoG, Deposits
Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH
Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

The contraction in the Greek banking system’s private sector deposits resumed in April, with a net decrease of 795 million euros, after a 2.41-billion-euro rise in March, according to the latest Bank of Greece (BoG) figures released on Friday.

The annual growth in April was 4.2 percent year on year (YoY), from 4.8 percent in the preceding month.

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