Search Results: Bank of Greece

Today's Bank of Greece Interim Report on Monetary Policy depicts a healthy economy, but warns that stronger growth is needed to fully overcome the economic crisis.

Ordinary Greeks and businesses are dipping into their savings to manage the detrimental impact of rising costs, as the latest official data from the Bank of Greece (BoG) shows. The data revealed that private sector deposits were down by €2.258 billion in October 2024, a stark contrast to the €2.324 billion increase recorded in the […]

The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel

Leading global financial institutions, including Nomura, BNP Paribas, Bank of America, Citi, Goldman Sachs, and Morgan Stanley, are underwriting the issuance.

The email scam, supposedly sent from the National Bank of Greece, is titled “Transaction Security: Third Notice for Verification”

Yannis Stournaras addressed the 'Risk Management & Compliance Conference' as a keynote speaker on Monday

Be alert regarding unusual behavior or situations (e.g., “too-good-to-be-true” offers, urgent requests for money, suspicious activity on your bank account or card).

The latest official figures by the Bank of Greece (BoG) confirm that residential rents continue to rise throughout Greece, with the northern metropolis of Thessaloniki leading the way with an average 9.1% increase year-on-year in the cost of registered residential leases in the first quarter of the year. The figures hold more weight than similar […]

Reduction of the instant payment fee via internet and mobile banking for amounts up to 500 euros from 2.50 to 1.50 euros.

The results were a 26% increase compared to the same period in 2023

The average interest rate on overnight deposits placed by households remained unchanged at 0.03%, while the corresponding rate on deposits by non-financial corporations remained almost unchanged at 0.17%

Analysts at the National Bank of Greece (NGB) estimate that in 2024 Greek tourism could achieve new records, with arrivals reaching 35 million tourists

Corporate deposits rose by 36 million euros in April 2024, a notable shift from the 1,278 million increase recorded in the previous month.

March of this year saw an even more impressive surge, with non-resident arrivals spiking by 31.2% and revenues jumping by 34.2% compared to March 2023.

In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros

General inflation is expected to further decline in 2024 to 2.8%

This reflects a surplus of 112.6 million euros in January 2024 for the tourism balance, compared to a surplus of 54.6 million euros in the same month of 2023

As the BoG reveals, from early 2018 until the end of 2023, average housing sales prices at the national level have increased by 60%.

The surplus was attributed primarily to improvements in the secondary income balance and, to a lesser extent, the services balance

Investments and private consumption are expected to be the key drivers of economic activity in the coming years