Private deposits increased in May

Thursday, June 29th, 2017
Last Update: 10:49

Bank of Greece (BoG) released end-May 2017 bank volume data, which show a rise in total deposit balances by Eur197 mn m-o-m in May (+4.7% yoy and -1.64% ytd) to Eur129.9 bn, as a result of the increase in private deposits by Eur421 mn m-o-m (+3.4% yoy and -1.62% ytd) to Eur119.4 bn. 

General govt deposits declined by Eur224 mn m-o-m to Eur10.5 bn. Private loan balances dropped by Eur904 mn m-o-m, on a reported basis and by Eur395 mn m-o-m (-1.0% yoy) on adjusted basis (adjustments take into account reclassifications, write-offs and exchange rate variations).

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