Economy

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Photo via https://flic.kr/p/MsYXsT Annual credit growth stays stable at 7.6 pct in Jan

The credit expansion in the Greek private sector remained strong in January, rising by 7.6 percent year-on-year (YoY), from 7.9 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.

Photo via https://flic.kr/p/2b9vcaC Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan

There was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according to the latest Bank of Greece (BoG) figures released on Thursday.

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