The central bank, said that in July, deposits placed by the general government increased
ΣΧΕΤΙΚΑ ΑΡΘΡΑ
Private sector deposits in Greek banks increased by 841 million euros in July to 130.2 billion euros from 129.4 billion the previous month, the Bank of Greece said on Tuesday.
The central bank, in a report, said that in July 2018, deposits placed by the general government increased by 287 million euros, compared with a decrease of 471 million in the previous month and the annual growth rate stood at 41.3 pct from 38.7 pct in the previous month.
In July 2018, deposits placed by the private sector increased by 841 million euros, compared with an increase of 1,358 million in the previous month and the annual growth rate stood at 7.4 pct from 7.5 pct in the previous month.
In July 2018, corporate deposits increased by 301 million euros, compared with an increase of 272 million in the previous month, while the annual growth rate stood at 11.4 pct from 12.6 pct in the previous month. In July 2018, deposits placed by households and private non-profit institutions increased by 540 million euros, compared with an increase of 1,086 million in the previous month and the annual growth rate stood at 6.6 pct from 6.5 pct in the previous month.
In July 2018, the annual growth rate of total credit extended to the economy stood at -2.5 pct from -2.4 pct in the previous month and the monthly net flow was negative at 856 million euros, compared with a positive net flow of 612 million in the previous month. The annual growth rate of total deposits stood at 10.1 pct from 10.0 pct in the previous month and the monthly net flow was positive at 1,128 million, compared with a positive net flow of 887 million in June 2018.
In July 2018, the monthly net flow of credit to the general government was positive at 143 million, compared with a negative net flow of 443 million in the previous month. The annual growth rate of credit to the general government stood at -8.4 pct from -9.7 pct in the previous month.
In July 2018, the annual growth rate of credit to the private sector stood at -1.5 pct from -1.2 pct in the previous month. The monthly net flow of credit to the private sector was negative at 998 million, compared with a positive net flow of 1,055 million in the previous month.
Source: ANA-MPA