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Building permits increase by 64.3 pct in February
EconomyMacroeconomy, the size of which will depend mainly on the duration of the current special circumstances,” the BoG
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBanking. Even before the pandemic, the high NPE ratio in tourism was considered a problem by BoG, as Greece
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Deposits rise by 1.43 bln in April
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.43 billion euros in April, dropping from inflows of 1.43 billion in March, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to 146.56 billion euros, reflecting savings
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Credit growth in April marks first two successive months of expansion since 2010
EconomyMacroeconomyCredit movement in the Greek private sector increased by 0.3 percent in April, from a rise of 0.1 percent in March, Bank of Greece (BoG) figures showed on Friday. The outstanding balance stayed at 147.70 billion euros. The increase in credit to the private sector approached the last rise seen
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Newsletter 253 -05/06/2020
, Bank of Greece (BoG) data showed this week. According to the revised data, on average, house
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Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations was almost unchanged at 4.05 percent month-on-month in April from 4.06 percent in March, data from the Bank of Greece (BoG) showed on Friday. The latest headline figure represents a new series
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Credit growth in May comes to 0.7 pct, positive for third month
EconomyMacroeconomyCredit movement in the Greek private sector increased by 0.7 percent in May, from a rise of 0.3 percent in April, Bank of Greece (BoG) figures showed on Friday. The outstanding balance increased to 147.90 billion euros. The increase in credit to the private sector approached the last rise seen
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Deposits rise by 1.72 bln in May
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.72 billion euros in May, rising from inflows of 1.43 billion in April, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to 148.18 billion euros, reflecting savings of 61
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Overall loan interest rate drops to 4.23 pct in May
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations rose by 18 basis points (bps) to 4.23 percent in May from 4.05 percent in April, data from the Bank of Greece (BoG) showed on Friday. The spread between loan and deposit rates rose to 4.10
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Deposits rise by 448 mln in June
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 448 million euros in June, declining from inflows of 1.71 billion in May, Bank of Greece (BoG) figures revealed on Monday. The outstanding balance of private sector deposits increased to 148.55 billion euros, reflecting savings
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