Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops

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Consumer confidence takes 10-point dive in September 28/09/2023 - 15:03

Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops

EconomyMacroeconomy 27/09/2022 - 16:31 Tags: BoG, Deposits

The net private sector deposit movement in the Greek banking system in August slowed down further to 89 million euros, from 483 million euros in July, and a jump of 2.72 billion euros in June, based on Bank of Greece (BoG) figures released on Tuesday.

The latest five months reversed the negative movements during the first quarter of 2022, but August's figure is by far the lowest since the negative trend reversed.

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