Deposits rise to highest level since end-2011 as corporates grow by 10 pct in June

EconomyMacroeconomy Tags: Banking, BoG, Deposits
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The net private sector deposit movement in the Greek banking system in June jumped by 2.72 billion euros, from 1.31 billion euros in May, and 1.35 billion euros in April, based on Bank of Greece (BoG) figures released on Wednesday.

The latest three months reversed the negative movements during the first quarter of 2022. The latest flow is the highest since December 2021 that is high due to seasonal reasons of bonus payments and the highest since April 2021 for a conventional month.

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