Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004

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

Greek private sector deposit outflows accelerated to 4.66 billion euros in April, which is more than double compared to the March figure of 2.19 billion, according to the Bank of Greece (BoG).

As a result, deposit balances further dropped to 133.65 billion, which is the lowest reading since September 2004.

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