Bank of Greece: Private Sector Deposits Rise by €2.4 Billion in March

Deposits successful Greece’s backstage assemblage accrued by 2.4 cardinal euros successful March 2025, according to authoritative figures released by the Bank of Greece.

The surge was astir wholly driven by businesses, which added 2.563 cardinal euros to their accounts. In contrast, household deposits saw a diminution of 158 cardinal euros, during the aforesaid period.
Overall, the monthly nett travel of total deposits successful the Greek banking system was affirmative successful March, reaching 1.359 cardinal euros.

Drop successful Government Deposits

The wide authorities assemblage recorded a diminution successful deposits, which fell by 1.046 cardinal euros successful March. This contrasts with an summation of 928 cardinal euros successful February. On an yearly basis, the maturation complaint of authorities deposits slowed to 12.1% successful March, down from 15.3% successful the erstwhile month.

Strong Rebound successful Private Sector Deposits

The backstage assemblage recorded a important turnaround, with deposits rising by 2.405 cardinal euros successful March. This follows declines of 1.701 cardinal euros successful February and 4.787 cardinal euros successful January. The yearly maturation complaint of backstage assemblage deposits besides improved to 4.8% successful March, up from 4.5% the erstwhile month.

Business Deposits Lead the Way

Corporate deposits were the standout performer, jumping by 2.563 cardinal euros successful March—more than offsetting the 1.306 cardinal euros diminution seen successful February.

The yearly maturation complaint for concern deposits accelerated to 11.9% from 9.4%. Within this category, deposits from non-financial corporations accrued by 2.436 cardinal euros, reversing a February diminution of 1.259 cardinal euros.

Insurance companies and different fiscal institutions besides contributed, with deposits up 127 cardinal euros aft a 46 cardinal euros driblet the erstwhile month.

Households Continue to Withdraw

Households and backstage non-profit institutions saw their deposits shrink by 158 cardinal euros successful March. While this was a smaller driblet compared to the 396 cardinal euros alteration successful February, it continues a downward trend. The yearly maturation complaint of household deposits slowed to 2.6%, down from 3.0% successful February.

Source: tovima.com