All the European investment, retail, real estate, office and industry news in English language

Tuesday | October 20 | 2020

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.

- Advertisment -