According to data by the Bank of Greece, the annual growth rate of total deposits stood at 1.3% in March 2024, compared with 2.4% in the previous month.
Deposits placed by the private sector increased by €1,675 million in March 2024, compared with a decrease of €1,067 million in the previous month.
Τhe monthly net flow of total credit was positive by €1,514 million in March 2024, compared with a positive net flow of €1,666 million in the previous month.
In March 2024, the monthly net flow of credit to the general government was negative by €469 million, compared with a positive net flow of €762 million in the previous month; the annual growth rate decreased to 0.7% compared with 1.9% in the previous month.
In March 2024, the annual growth rate of credit to the private sector increased to 4.5% from 3.8% in the previous month. The monthly net flow of credit was positive by €1,983 million, compared with a positive net flow of €904 million in the previous month.
In March 2024, the monthly net flow of credit to corporations was positive by €1,913 million, compared with a positive net flow of €924 million in the previous month; the annual growth rate increased to 8.0% from 7.1% in the previous month. In particular, the annual growth rate of credit to non-financial corporations (NFCs) increased to 6.6% from 6.2% in the previous month; the monthly net flow was positive by €1,613 million, compared with a positive net flow of €673 million in the previous month. The annual growth rate of credit to insurance corporations and other financial intermediaries increased to 19.2% from 14.0% in the previous month; the monthly net flow was positive by €300 million, compared with a positive net flow of €251 million in the previous month.
In March 2024, the monthly net flow of credit to sole proprietors and unincorporated partnerships was positive by €49 million, compared with a positive net flow of €1 million in the previous month; the annual growth rate remained unchanged at -0.6% compared to the previous month.
In March 2024, the monthly net flow of credit to individuals and private non-profit institutions was positive by €21 million, compared with a negative net flow of €20 million in the previous month; the annual growth rate stood at -1.4% compared with -1.7% in the previous month.
In March 2024, the monthly net flow of total deposits was positive by €957 million, compared with a negative net flow of €1,803 million in February 2024.
In March 2024, deposits placed by the general government decreased by €718 million, compared with a decrease of €737 million in the previous month; the annual growth rate stood at -24.5% compared with -10.2% in the previous month.
In March 2024, deposits placed by the private sector increased by €1,675 million, compared with a decrease of €1,067 million in the previous month; the annual growth rate decreased to 2.6% compared with 3.0% in the previous month.
In March 2024, corporate deposits increased by €1,278 million, compared with a decrease of €911 million in the previous month; the annual growth rate decreased to 1.6% compared with 2.4% in the previous month. In particular, deposits from NFCs increased by €1,507 million, against a decrease of €536 million in the previous month. Deposits placed by insurance corporations and other financial intermediaries decreased by €229 million, compared with a decrease of €374 million in the previous month.
In March 2024, deposits placed by households and private non-profit institutions increased by €396 million, compared with a decrease of €156 million in the previous month; the annual growth rate decreased to 2.9% compared with 3.1% in the previous month.
