Search
-
Greek deposits slip in October as credit also contracts by 3.9 pct
EconomyMacroeconomyreflects higher interbank lending and lower funding needs on continued deleveraging. Credit contraction At the same time, the year on year (yoy) credit contraction in the Greek market remained steady... contracted 3.1 percent at 71.7 billion with monthly outflows at 143 million. Consumer credit also slipped
17% -
Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomy. Credit contraction At the same time, the year on year (yoy) credit contraction in the Greek market.... Consumer credit also slipped 4.5 percent to 28.44 billion on monthly net deductions below the 100 million..., followed by consumer credit (up 5 pp to 43.8 percent) and housing loans (up 2.6 pp to 24 percent
17% -
Greek credit contracts by 2.4 pct in April for slowest drop since 2011
EconomyMacroeconomyGreece's credit contraction marginally decelerated to 2.4 percent in April from 2.5 percent... in the last three months at 223 million in April. Consumer credit contraction also slightly accelerated... is the lowest reading since last December. Greek bank credit turned into contraction in January 2011
17% -
Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomyGreek bank credit contracted at a decelerating pace for the third successive month in June, when.... The rate of contraction remains above the 3-percent mark at 3.4 percent in June. Consumer credit... percent year on year. Despite the surprisingly positive flow in June, Greek bank credit continues
17% -
Rate of credit contraction edges up to 1.6 pct in Oct
EconomyMacroeconomyGreek bank credit contraction accelerated slightly to 1.6 percent in October from 1.5 percent... similar pattern was also evident in consumer credit which fell at a decelerating pace of 2.5 percent... flow of 615 million. Greek bank credit turned into contraction in January 2011 with cumulative net
17% -
Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomyGreek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent... highest negative reading over the last 12 months. Consumer credit balances fell to 25.46 billion euros.... The contraction in Greek bank credit remains unabated since January 2011 with cumulative net deductions of around
17% -
Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln
EconomyMacroeconomyGreek bank credit contraction slowed down for the second straight month to 1.9 percent in April..., the year to date negative flow reached almost 850 million. Consumer credit balances were kept almost... the beginning of the year. Since 2011, Greek bank credit remains steadily in negative territory
17% -
Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
EconomyMacroeconomyGreek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April... in May and overall of 1.08 billion in the 5-month period. Consumer credit balances edged down to 25.31... million. Since the beginning of 2011, when Greek bank credit turned negative, cumulative net
17% -
Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
EconomyMacroeconomyThe rate of credit contraction in the Greek market remained stable at 1.7 percent in September... at 65.38 billion. Deductions in consumer credit climbed to 121 million in September, which is by far the highest negative reading this year, with balances further easing to 25.04 billion. The credit flow
17% -
Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market slowed slightly to 1.6 percent in October from... to date. Deductions in the consumer credit sector notably dropped to just 7 million in October... mark and landed at 24.95 billion euros at the end of October. Credit contraction in the Greek market
17%