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Credit expansion reaches just 66 mln of inflows in May
EconomyMacroeconomyThe credit expansion in the Greek private sector was little changed in May, rising by 4.8 percent..., the flow of credit to non-financial corporations was up by 78 million euros. The balance stood at 67.1 billion euros. Credit to insurance corporations showed a net monthly inflow of 27 million euros
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Modest credit growth of 102 mln in Aug, led by lending to businesses
EconomyMacroeconomyThe credit expansion in the Greek private sector accelerated its pace further in August, rising.... Within corporate lending, the flow of credit to non-financial corporations was up by 110 million euros. The balance stood at 68.67 billion euros. Credit to insurance corporations showed a net monthly
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Loans to corporations drive credit expansion of 8.9 pct YoY in Dec
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in December, rising by 8.9 percent... of credit to non-financial corporations was up by 2 billion euros. The balance stood at 74.3 billion euros. Credit to insurance corporations showed a net monthly inflow of 891 million euros. This took
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Credit expansion picks up pace in Jan with 10 pct YoY rise
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 10 percent... of credit to non-financial corporations was down by 876 million euros. The balance stood at 73.44 billion euros. Credit to insurance corporations showed a net monthly outflow of 548 million euros
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Corporate lending drives 10.5 pct YoY rise in credit expansion
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in February, rising by 10.5..., the flow of credit to non-financial corporations was up by 1.28 billion euros. The balance stood at 74.72 billion euros. Credit to insurance corporations showed a net monthly inflow of 161 million euros
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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in March, rising by 10.3 percent... an inflow of 1.44 billion euros in February. Within corporate lending, the flow of credit to non-financial corporations was up by 1.94 billion euros. The balance stood at 76.61 billion euros. Credit
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Lending to corporations drives credit growth of 11.3 pct YoY in May
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in May, rising by 11.3 percent..., after an outflow of 94 million euros in April. Within corporate lending, the flow of credit to non-financial corporations was up by 204 million euros. The balance stood at 76.55 billion euros. Credit
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 10.17 billion euros in June after increasing by 3.56... of June, which is the highest reading since November 2012. The highest historical reading stands at 135.6 billion and was posted in June 2012. The increase by more than 10 billion in June is largely
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomyGreek private sector deposit outflows accelerated to 7.58 billion euros in June from 3.86 billion..., which is the lowest reading in more than 12 years, since November 2003. In addition, June outflows.... That said, almost 70 percent of June withdrawals were in cash compared to 45 percent in May
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomyGreece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million... percent) in exports. In absolute terms, exports and imports landed at 2.04 and 3.44 billion in June... declined in June, while the goods’ deficit excluding oil and ships increased. It is also worth noting
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