Households’ deposits increase in April 2023 increase by 1.129 bln€

The annual growth rate remained mostly unchanged

Households’ deposits increase in April 2023 increase by 1.129 bln€

Deposits held by households and private non-profit institutions in Greece increased by 1.129 billion euros in April 2023, compared with an increase of 738 million in the previous month, March 2023.

The annual growth rate remained mostly unchanged, at 3.7 percent, compared to 3.6 percent the previous month, the Bank of Greece announced on Tuesday.

Specifically, Greece’s central bank, in its monthly report, said the April 2023 monthly net flow of total deposits was positive by 42 million euros, compared with a positive net flow of 2.979 billion euros in March 2023.

Deposits held by the general government increased by 57 million euros, compared with an increase of 661 million euros in the previous month.

The annual growth rate decreased to 1.7 percent, from 3.2 percent the previous month. Deposits placed by private sector depositors decreased by 15 million euros, compared with an increase of 2.318 billion euros the previous month. The annual growth rate decreased to 3.7 percent, down from 4.5 percent in March 2023.

Corporate deposits decreased by 1.144 billion euros, compared with an increase of 1.581 billion euros the previous month. The annual growth rate decreased to 3.6 percent from 7.2 percent in the previous month

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