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Deposits rise by 3.16 bln in Nov on higher sight savings, aggregate triples YoY
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 3.16 billion in November, up from inflows of 2.53 billion euros in October, Bank of Greece (BoG) figures revealed on Tuesday. The outstanding balance of private sector deposits increased to 158.70 billion euros, reflecting savings
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Credit growth in November edges up to 2.6 pct, approaching 2010 high
EconomyMacroeconomyCredit movement in the Greek private sector rose by 2.6 percent in November after an increase of 2.5 percent in October, Bank of Greece (BoG) figures showed on Tuesday. The increase in credit growth is now approaching the previous high of 2.7 percent noted in June 2010. The outstanding balance
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Deposits rise by 4.45 bln in December, highest since 2012
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 4.45 billion in December, up from inflows of 3.16 billion euros in November, Bank of Greece (BoG) figures revealed on Friday. The latest reading is the highest since December 2012 when the figure stood at 5.75 billion
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Credit growth in December rises to 3.4 pct, highest since March 2010
EconomyMacroeconomyCredit movement in the Greek private sector rose by 3.4 percent in December after an increase of 2.6 percent in November, Bank of Greece (BoG) figures showed on Friday. The increase in credit growth is now the highest it has been since March 2010 when it came to 3.5 percent. The outstanding balance
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Central government debt increases €9.15 bln to €374 bln in Q4
EconomyMacroeconomyby the BoG were almost unchanged at 1.44 billion. The weighted average maturity of the total debt
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Deposits drop by EU1.21 bln in January, first decline in a year
EconomyMacroeconomyNet deposit movements in the Greek banking system were negative for the first time in a year, falling by 1.21 billion euros in January, compared with inflows of 4.65 billion euros in December, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits
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Credit growth in January rises to 3.7 pct even as flow turns negative
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 3.7 percent in January after an increase of 3.5 percent in December, Bank of Greece (BoG) figures showed on Thursday. The annual rate of credit growth is now the highest it has been since February 2010 when it came to 3.8 percent. However
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Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece came to 2.6 percent year-on-year (YoY) in the fourth quarter (Q4) of 2020 from an increase of 3.5 percent in Q3 2020, Bank of Greece (BoG) data showed on Tuesday. According to the data, on average, house prices increased by 4.2 percent in 2020
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Travel balance falls by 97.6 pct in January
EconomyMacroeconomyGreece’s travel balance came to 2.4 million euros in January from 54.9 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.6 percent year-on-year (YoY). Receipts came to 25.4 million euros for the month, falling by 90.9 percent YoY. Travel payments decreased
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Deposits rose by 741 mln in February, led by higher sight savings
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 741 million euros in February, compared with outflows of 1.19 billion euros in January, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to 162.9 billion euros, reflecting
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