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Deposits drop for third straight month as corporates lead fall of 988 mln
The net private sector deposit movement in the Greek banking system in March stayed negative and picked up pace to 988 million euros, from 260 million in February, and 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Friday.
The negative movements during the first three 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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