
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

PM Mitsotakis to Chair New Democracy’s Committee Meeting
Today’s meeting is seen as a crucial opportunity to halt internal disputes within ND and reaffirm unity within the party.

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.