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Deposits rise by 1.06 bln in Feb
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.06 billion euros in February, following outflows of 2.16 billion in January, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 142.24 billion euros, reflecting
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Credit contraction at 0.7 pct in Feb, balance at 153.74 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.7 percent in February, slightly deepening from a contraction of 0.6 percent in January, Bank of Greece (BoG) figures showed on Thursday. This led the outstanding balance to stand at 153.74 billion from 153.43 billion in the previous month. The net
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Overall loan interest drop to 4.30 pct in February
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations fell by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data from the Bank of Greece (BoG) showed on Wednesday. The spread between loan and deposit rates dropped
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Covid-19 effects spread across number of sectors
EconomyFeaturesto the annual Bank of Greece (BoG) governer’s report, “recent developments related to the coronavirus
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Newsletter 247 -10/04/2020
be profitable by the end of the year. In the property market, according to the annual Bank of Greece (BoG
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, increasing by 21.1 percent YoY. Travel payments
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Credit growth at 0.1 pct in March, positive for first time since 2011
EconomyMacroeconomyCredit movement in the Greek market came to 0.1 percent in March, improving from a contraction of 0.8 percent noted in February, Bank of Greece (BoG) figures showed on Wednesday. This led the outstanding balance to stand at 147.70 billion. The increase in credit to the private sector is the highest
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Deposits rise by 2.85 bln in March
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 2.85 billion euros in March, rising from inflows of 1.06 billion in February, Bank of Greece (BoG) figures revealed on Wednesday. The outstanding balance of private sector deposits increased to 145.09 billion euros, reflecting
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Overall loan interest drops to series low of 4.06 pct in March
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations fell by 24 percentage points to 4.06 percent in March from 4.30 percent in February, data from the Bank of Greece (BoG) showed on Wednesday. The latest reading represents a series low
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Newsletter 249 -08/05/2020
percent in March from 4.30 percent in February, data from the Bank of Greece (BoG) showed. The latest
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