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EconomyMacroeconomy
Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan Credit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June, Bank of Greece (BoG) figures released on Tuesday showed.
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EconomyMacroeconomy
Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops The net private sector deposit movement in the Greek banking system in August slowed down further to 89 million euros, from 483 million euros in July, and a jump of 2.72 billion euros in June, based on Bank of Greece (BoG) figures released on Tuesday.
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EconomyMacroeconomy
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record Greece’s travel balance recorded a surplus of 3.52 billion euros in July, from 2.42 billion euros in June, according to Bank of Greece (BoG) data released on Wednesday.
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EconomyMacroeconomy
Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY Greece posted a current account (C/A) surplus of 1.1 billion euros in July, from a deficit of 722.9 million euros in June, Bank of Greece (BoG) data showed on Tuesday.
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EconomyMacroeconomy
Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009 Credit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed.
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EconomyMacroeconomy
Growth in private sector deposits slows to 483 mln in July as corporate deposits drop The net private sector deposit movement in the Greek banking system in July slowed down to the lowest since April, rising by 483 million euros, from a jump of 2.72 billion euros in June, and 1.31 billion euros in May, based on Bank of Greece (BoG) figures released on Friday.
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EconomyMacroeconomy
Travel balance of 4.19 bln in H1 beats 2019 as tourism sector leaves pandemic behind Greece’s travel balance recorded a surplus of 2.42 billion euros in June, from 1.19 billion euros in May, according to Bank of Greece (BoG) data released on Monday.
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EconomyMacroeconomy Deposits rise to highest level since end-2011 as corporates grow by 10 pct in June The net private sector deposit movement in the Greek banking system in June jumped by 2.72 billion euros, from 1.31 billion euros in May, and 1.35 billion euros in April, based on Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released on Wednesday showed.
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EconomyMacroeconomy
Jan-May travel balance of 1.78 bln beats same period in 2019 Greece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday.