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Credit growth picks up pace in Aug, with 7.1% YoY rise
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Deposits rise to 224.43 bln, with 2.97 bln inflow in Aug
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VAT continues to drive budget performance in Aug, at 1.21 bln above target
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Travel receipts grew 7.2% YoY in July despite drop in arrivals
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Current account turns to surplus in July thanks to services, tourism
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Scope raises rating to 'BBB+' as Moody's ups outlook to positive
BoG shows lower deposit rates and a sharper drop in loan rates in June
Τhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG).
In contrast to the first quarter of the year, when this rate remained stable, it posted a 42 bps decline in the second quarter of the year.
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