Deposits jump by 1.62 bln in June, led by savings

EconomyMacroeconomy Tags: BoG, Deposits
Photos by Dennis Skley via Flickr
Photos by Dennis Skley via Flickr

The private sector’s net deposit movement in Greece’s banks accelerated in June, increasing by 1.62 billion euros, from 359 million euros in May, Bank of Greece (BoG) figures released on Tuesday showed.

The outstanding balance of private sector deposits increased to 169.85 billion euros. Household deposits account for savings of 73.67 billion euros, followed by time deposits of 32.57 billion euros and sight deposits of 24.37 billion euros.

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