Deposits continue to slide in Feb as households and firms dip into savings

EconomyMacroeconomy Tags: BoG, Deposits

The net private sector deposits in the Greek banking system contracted further in February with a drop of 1.07 billion euros, after a 5.24 billion euros drop in January, based on the latest Bank of Greece (BoG) figures released on Thursday.

The annual growth in February was 3 percent year on year (YoY), from 2.7 percent in the preceding month.

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