Bank deposits held by households and businesses in Greece dropped by 1.4 billion euros in January 2023, after an increase of just more than five million euros in December 2022, the Bank of Greece (BoG) announced on Tuesday.
In its regular monthly report, the central bank said the total figure now stands at 139.8 billion euros.
In January 2023, the monthly net flow of total deposits was negative by 4.376 billion euros, compared with a positive net flow of 4.389 billion in the previous month, December 2022. Deposits placed by the general government were up by 134 million, compared with a decrease of 614 million in December 2022.
The annual growth rate stood at -3.5 percent, compared with -1.9 percent in the previous month.
Deposits placed by the private sector decreased by 4.51 billion euros, compared with an increase of 5.003 million euros in the previous month while the annual growth rate decreased to 3.5 percent from 4.8 percent in the previous month.
Corporate deposits decreased by 3.091 billion euros, compared with an increase of 1.79 billion euros in the previous month, while the annual growth rate decreased to 2.9 percent from 5.8 percent in the previous month.
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