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Home»Finance»Greek private sector bank deposits drop in October
Finance

Greek private sector bank deposits drop in October

November 28, 2022No Comments1 Min Read
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ATHENS, Nov 28 (Reuters) – Greek non-public sector financial institution deposits dropped in October after rising for six months in a row, central financial institution information confirmed on Monday.

Enterprise and family financial institution deposits decreased to 184.84 billion euros ($192.99 billion) on the finish of October from 185.51 billion in September, Financial institution of Greece information confirmed.

Greek banks’ deposit inflows had been rising for the reason that starting of 2021 as lockdowns to stem the unfold of the COVID-19 pandemic put a dent in shopper spending.

Greece’s economic system expanded from April to June at a slower tempo than within the first quarter and its annual progress price decelerated.

($1 = 0.9578 euros)

Reporting by George Georgiopoulos

: .

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