Money Buzz! Europa

Tag: deposit

  • The annual growth rate of total deposits in Greece increased to 7.7%

    The annual growth rate of total deposits in Greece increased to 7.7%

    The annual growth rate of total deposits in Greece increased to 7.7% from 4.6% in the previous month, latest Bank of Greece data shows.

    The monthly net flow was positive by €3,139 million, compared with a positive net flow of €270 million in June 2020.  

    InJuly 2020, deposits placed by the private sector increased by €3,322 million, compared with an increase of €448 million in the previous month; the annual growth rate increased to 9.5% from 8.4% in the previous month.

    Corporate deposits increased by €2,653 million, compared with an increase of €398 million in the previous month; the annual growth rate increased to 24.8% from 19.3% in the previous month. 

    Deposits placed by households and private non-profit institutions increased by €669 million, compared with an increase of €50 million in the previous month; the annual growth rate stood at 6.0%, unchanged from the previous month.

  • Greece: Growth rate of total credit in domestic economy at 4.0%

    Greece: Growth rate of total credit in domestic economy at 4.0%

    Bank of Greece show that in May 2020, the annual growth rate of total credit extended to the domestic economy increased to 4.0% from 2.0% in the previous month.

    The monthly net flow was positive by €3,037 million, compared with a positive net flow of €2,512 million in the previous month.

    The annual growth rate of total deposits decreased to 6.1% from 6.8% in the previous month.

    The monthly net flow was negative by €200 million, compared with a negative net flow of €2,683 million in April 2020.

    Decrease of credit to individuals, increase of households deposits

    The monthly net flow of credit to individuals and private non-profit institutions was negative by €89 million, compared with a negative net flow of €241 million in the previous month.

    The annual growth rate stood at -2.8% from -3.0% in the previous month.

    In May, deposits placed by households and private non-profit institutions increased by €194 million, compared with an increase of €1,554 million in the previous month.

    The annual growth rate stood at 7.0% from 7.1% in the previous month.