Uptick in time deposit rates, mixed trends in corporate loans

EconomyMacroeconomy Tags: Banking, BoG, Rates

The interest rate on households’ new time deposits edged up by 2 basis points (bps) to 1.83 percent in March from 1.81 percent in February, according to the Bank of Greece (BoG).

Despite the marginal increase over the last two months, the time deposit rate remains at the low end in the post-euro period. At the same time Greek banks have witnessed deposit outflows of around 27 billion euros over the last four months amid politica...

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