
The annual growth rate of total credit extended to the domestic economy stood at 9.1% in December 2022, compared with 5.9% in the previous month.
The annual growth rate of total deposits stood at 4.5% in December 2022, compared with 4.0% in the previous month.
Deposits placed by the private sector increased by €5,004 million in December 2022, compared with a decrease of €591 million in the previous month.
Ι. Credit to the domestic economy
Τhe monthly net flow of total credit was positive by €3,486 million in December 2022, compared with a positive net flow of €1,188 million in the previous month.
Ι.1 Credit to the general government
In December 2022, the monthly net flow of credit to the general government was positive by €648 million, compared with a positive net flow of €1,107 million in the previous month; the annual growth rate increased to 13.5% from 7.4% in the previous month.
Ι.2 Credit to the private sector
In December 2022, the annual growth rate of credit to the private sector increased to 6.3% from 5.0% in the previous month. The monthly net flow of credit was positive by €2,838 million, compared with a positive net flow of €82 million in the previous month.
Ι.2.1 Credit to corporations
In December 2022, the monthly net flow of credit to corporations was positive by €2,949 million, compared with a positive net flow of €44 million in the previous month; the annual growth rate increased to 12.3% from 10.4% in the previous month. In particular, the annual growth rate of credit to non-financial corporations (NFCs) increased to 11.8% from 10.0% in the previous month; the monthly net flow was positive by €2,301 million, compared with a positive net flow of €34 million in the previous month. The annual growth rate of credit to insurance corporations and other financial intermediaries increased to 16.6% from 14.5% in the previous month; the monthly net flow was positive by €647 million, compared with a positive net flow of €10 million in the previous month.
Ι.2.2 Credit to sole proprietors and unincorporated partnerships
In December 2022, the monthly net flow of credit to sole proprietors and unincorporated partnerships was positive by €22 million, compared with a negative net flow of €7 million in the previous month; the annual growth rate decreased to -0.9% from 0.4% in the previous month.
Ι.2.3 Credit to individuals and private non-profit institutions
In December 2022, the monthly net flow of credit to individuals and private non-profit institutions was negative by €132 million, compared with a positive net flow of €45 million in the previous month; the annual growth rate stood at -2.5% compared to -2.1% in the previous month.
ΙΙ. Deposits by the domestic economy with the domestic credit institutions
In December 2022, the monthly net flow of total deposits was positive by 4,389 million, compared with a negative net flow of €694 million in November 2022.
ΙΙ.1 Deposits placed by the general government
In December 2022, deposits placed by the general government decreased by €614 million, compared with a decrease of €104 million in the previous month; the annual growth rate stood at -1.9%, compared with -4.3% in the previous month.
ΙΙ.2 Deposits placed by the private sector
In December 2022, deposits placed by the private sector increased by €5,004 million, compared with a decrease of €591 million in the previous month; the annual growth rate increased to 4.8% from 4.5% in the previous month.
ΙΙ.2.1 Corporate deposits
In December 2022, corporate deposits increased by €1,790 million, compared with a decrease of €182 million in the previous month; the annual growth rate increased to 5.8% from 5.4% in the previous month. In particular, deposits from NFCs increased by €2,620 million, against an increase of €9 million in the previous month. Deposits placed by insurance corporations and other financial intermediaries decreased by €830 million, compared with a decrease of €191 million in the previous month.
ΙΙ.2.2 Deposits placed by households and private non-profit institutions
In December 2022, deposits placed by households and private non-profit institutions increased by €3,214 million, compared with a decrease of €409 million in the previous month; the annual growth rate remained almost unchanged at 4.4% from 4.2% in the previous month.


Latest News

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread