bank deposits

The Bank of Greece has reported a decline in private sector deposits for the second consecutive month.

According to data from the Bank of Greece (BoG), private sector deposits recorded a notable drop of €4.787 billion in January. This follows an increase of €5.592 billion in December. Business deposits fell by €3.785 billion in January, surpassing the €3.099 billion increase recorded in December. Household deposits also declined by €1 billion, following a […]

According to official data released by the Bank of Greece (BoG) a surge was recorded in Greek deposits,  both household and business, in December of 2024. Figures show that the significant increase was 5.654 billion euros. This is largely attributed to the payment of the Christmas bonus for employees, along with the increased business turnover […]

Bank deposits rose to 147.78 billion euros in November 2024, up from 144.65 billion euros in January 2024

Trend is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages

Minister Costis Hatzidakis promised measures to deal with 3 main grievances vis-à-vis the country’s banks, namely, the spread between the paltry interest rates for deposits, as compared with rates tacked on to borrowing

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%