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Greece's Private Sector Bank Deposits Drop for Second Month

Greece's private sector bank deposits dropped for two consecutive months, in October and November of 2018, according to data released by the central bank of Greece on Thursday. The decrease represented 90 million euros in total, and stands in stark contrast to...

Greek Bank Deposits Rise in March

In March 2018, the annual growth rate of total credit extended to the economy stood at -2.0 percent from -1.8 percent in the previous month, while the monthly net flow was negative at €850 million ($10.3 billion), compared with...

Private Sector Bank Deposits Up for Second Month in a Row

Greek private sector bank deposits increased slightly in November, rising for a second month in a row, Bank of Greece data showed on Friday, with balances remaining at 14-year lows. Business and household deposits rose to 123.87 billion euros ($148.47...

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...

Greek Tax Authority Gets Data from Bank Deposits Abroad

The Independent Public Revenue Authority is expected within September to receive data on bank accounts held by Greek citizens in 49 countries. In exchange, Greek banks will send the data to the tax authorities of partner countries on accounts held...

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...

Foreigners' Bank Deposits Drop €40 Bln in 8 Years

Greek banks have seen an outflow of 40 billion euros from foreigners' bank deposits in the past eight years as a result of foreign nationals leaving the country, according to Bank of Greece figures. BoG data shows that in the...

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 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...

Bank Deposits Drop in July After a Two Month Rise

Bank deposits in Greece dropped slightly in July after a rise in the previous two months, according to data released by the Bank of Greece on Friday. The central bank showed a drop in business and household deposits by 122.58 billion...

Greek Bank Deposits Down in March

Greek bank deposits fell again in March, with deposits by companies and households falling to 121.5 billion euros at the end of March, from 121.7 billion a month earlier, down around 12.3% compared with March 2015, the Bank of...

Greek Bank Deposits Drop Second Month in a Row

Greek bank deposits dropped in February for the second month in a row after a 2.05 percent increase in December, according to a Bank of Greece report released on Tuesday. Greece's central bank data shows that business and household deposits...

Greek Bank Deposits Up 1.15 bln Euros in Dec‏ember

Greek bank deposits grew 1.15 billion euros in December, a “small but significant return of deposits” after six years of losses which amounted to 114 billion euros, National Bank chairwoman and Hellenic Bank Association president Louka Katseli said. Speaking in...

100 Greeks in ‘Borjans List’ Asked to Explain Bank Deposits

Financial prosecutors have sent notices to 100 Greek citizens asking them to explain their large bank deposits in Switzerland’s UBS, as part of the ongoing investigation in the so-called ‘Borjans list’, it was announced on Thursday. The list of bank...

EU's Costello: Greek Bank Deposits No Longer at Risk of 'Haircut'

Greek bank deposits are no longer at risk of a “haircut,” the European Commission's mission chief to Greece Declan Costello said on Monday during a speech at an annual business forum in Athens. Speaking at “The Greek economy” conference, Costello...