Deposits grow by 1.35 bln in April, reversing Q1 trend

EconomyMacroeconomy Tags: BoG, Deposits
Photo via https://flic.kr/p/95a2dS
Photo via https://flic.kr/p/95a2dS

The net private sector deposit movement in the Greek banking system in April turned positive to 1.35 billion euros, from a negative flow of 989 million euros in March, and negative movement of 258 million seen in February, based on Bank of Greece (BoG) figures released on Friday.

The latest data reversed the negative movements during the first three months of 2022. Private sector deposits have not experienced back-to-back negative flows since the same period in 2019.

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