Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005

EconomyMacroeconomy Tags: Banking, BoG, Liquidity
Photo by MacroPolis
Photo by MacroPolis

Greek private sector deposits fell for the fourth successive month in January at the accelerating pace of 7.6 percent month on month (MoM), with balances reaching 148.04 billion euros, according to the Bank of Greece (BoG).

The January figure is the lowest reading since August 2005, according to BoG records.

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