Greek bank deposits up in December, down 23 pct in 2015‏




Bank deposits by individuals and enterprises grew by around 3.0 billion euros in December 2015 to 123.4 billion, from 120.9 billion euros a month earlier, the Bank of Greece said on Friday.

The central bank, in a monthly report, said that bank deposits amounted to 160.3 billion euros in December 2014, losing 23 pct in 12 months.

The Bank of Greece also said that in December 2015, the annual growth rate of total credit extended to the domestic private sector stood at -2.0 pct from -2.2 pct in the previous month. The monthly net flow of total credit to the domestic private sector was positive at 210 million euros, compared with a negative net flow of 458 million in the previous month.

In December 2015, the monthly net flow of credit to corporations was positive at 355 million euros, compared with a negative net flow of 176 million in the previous month, while the annual growth rate of credit stood at -0.9 pct, against -1.4 pct in the previous month.

In December 2015, the monthly net flow of credit to individuals and private non-profit institutions was negative at 98 million euros, compared with a negative net flow of 256 million in the previous month, and its annual growth rate stood at -3.1 pct, from -3.2 pct in the previous month.

Hellasjournal - Newsletter


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