Start of 2022 sees back-to-back negative deposit flows for first time in three years

EconomyMacroeconomy Tags: Banking, BoG, Deposits
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The net private sector deposit movement in the Greek banking system in February remained negative, though much contained at 260 million euros, from negative flow of 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Monday.

The negative movements during the first two months of 2022 are the first since January last year. Private sector deposits have not experienced back-to-back negative flows since the same period in 2019.

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