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bank deposits

Eight Years of Greek Crisis Cost €600B

As we are approaching the eight-year-mark since the first bailout program was imposed on debt-ridden Greece, a look at the heavy losses Greek households have suffered through the crisis shows staggering findings. The crippling eight-year recession has so far caused...

Bank Deposits Rose by About one Billion Euros in September

Bank deposits by Greek lenders rose by about one billion euros in September, based on converging estimates of bank executives and despite the climate in recent weeks and the payment of tax obligations, domestic banking sources told the Athens-Macedonian...

Bank Deposits Rise in July for Third Month in a Row

Greek private sector bank deposits rose in July for the third month in a row, although they remain at 14-year lows, central bank data showed on Monday. Business and household deposits rose to 121.25 billion euros from 120.42 billion in...

Greek Private Sector Bank Deposits Rise by 771 Million in June

Greek banks' deposits of households and non-profit institutions increased by 771 million euros in June, the Bank of Greece said on Thursday. Business and household deposits rose to 120.42 billion euros from 119.42 billion in May, their lowest level since...

Bank of Greece Warns About Bad Loans, Expects Rise in Deposits

Greek bank deposits are expected to rise in 2017, the Bank of Greece (BoG) said in its Financial Stability Report released on Tuesday. In the same report, the BoG warned that despite positive prospects, the outstanding sum of non-performing loans...

Greek Business Deposits Rise in May, Household Deposits Drop

Greek private sector bank deposits increased overall in May, mainly due to higher business deposits, while household deposits dropped, according to Bank of Greece data released on Wednesday. Business and household deposits rose to 119.42 billion euros, compared to 118.99...

BoG: Deposits in Greek Banks Fell €1.5 Billion in January

Greek banks' deposits by individuals and enterprises fell 1.5 billion euros in January to 119.7 billion euros, from 121.4 billion in December 2016, the Bank of Greece said on Tuesday. The central bank, in a report, said that corporate deposits...

Central Bank Data Shows Deposits into Cypriot Banks Reached €49 Billion in January 2017

Total deposits in the Cypriot banking system in January 2017 amounted to 49 billion euros, marking an increase of 6% year on year, according to data released by the Central Bank on Tuesday. Deposits increased by 149 million euro compared...

Bank Deposits Increase to €127 Billion in 2016

In December and November banks are expected to see some 2 billion euros in deposits, according to credit sector officials. This news comes in addition to the increase of deposits in banks for 2016 thus far amounting in 500...

More Greek Businesses Deposit Their Money in Bulgarian and Romanian Banks

Bank deposits of Greeks in Bulgaria and Romania increased by 10% and 8% respectively while in Greece deposits dropped by 23% in 2015, the largest since the outbreak of the economic crisis in 2008. According to a Kathimerini newspaper report,...