Bank deposits of households and businesses followed different courses for the month of August, according to the official data of the Bank of Greece. However, the overall balance was positive, with total deposits recording an increase of 616 million euros, while the corresponding ones of the private sector only by 89 million euros.
The annual growth rate of total deposits stood at 5.2% in August 2022, compared with 5.8% in the previous month. Deposits placed by the private sector increased by €89 million in August 2022, compared with an increase of €483 million in the previous month.
The overall picture
In August 2022, the monthly net flow of total deposits was positive by €616 million, compared with a positive net flow of €892 million in July 2022. In August 2022, deposits placed by the general government increased by €527 million, compared with an increase of €408 million in the previous month; the annual growth rate increased to 5.6%, compared with 1.3% in the previous month. In August 2022, deposits placed by the private sector increased by €89 million, compared with an increase of €483 million in the previous month; the annual growth rate decreased to 5.2% from 6.1% in the previous month.
In August 2022, corporate deposits decreased by €376 million, compared with a decrease of €304 million in the previous month; the annual growth rate decreased to 7.8% from 12.4% in the previous month. In particular, deposits from NFCs decreased by €412 million, against a decrease of €436 million in the previous month. Deposits placed by insurance corporations and other financial intermediaries increased by €35 million, compared with an increase of €131 million in the previous month.
In August 2022, deposits placed by households and private non-profit institutions increased by €465 million, compared with an increase of €788 million in the previous month; the annual growth rate increased to 4.4% from 4.1% in the previous month.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Eurozone Inflation Eases to 2.2% in March
Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.
Bank of Greece: Primary Gov. Surplus €4.1b Jan.-March 2025
The data released today by the Bank of Greece revealed that the central government’s overall cash balance recorded a surplus of €1.465 billion in the first quarter of 2025, compared to a deficit of €359 million in the corresponding period of 2024.
Greek Government Reissues 10-Year Bond Auction for €200 Million
The amount to be auctioned will be up to 200 million euros, and the settlement date is set for Friday, April 25, 2025 (T+5)
Greece Defines Continental Shelf Limits and Maritime Zones in Landmark EU Document
The Maritime Spatial Planning (MSP) framework represents a comprehensive approach to spatial planning and is crucial for the successful development of a blue and circular economy
EU Praises Greece’s RRF Progress as Revised Recovery Plan Nears Completion
Athens is preparing to submit its revised “Greece 2.0” Recovery and Resilience Plan after Easter, with a slight delay from the initial timeline but with the European Commission’s approval.
Greek €200M 10Y Bond to be Issued on April 16
The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the goal of the re-issuance is to meet investor demand and to enhance liquidity in the secondary bond market.
German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.
Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.
Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
