Bank’ deposit inflows drop slightly in November

Greece’s private sector bank deposits fell slightly in November after a rise in the previous month, according to central bank latest data.

Businesses and household deposits dropped to €139.57 bn from €139.69 bn in October, Bank of Greece data showed.

Greek banks have seen deposit inflows over the space of more than two years after the country clinched a third bailout to stay in the euro zone in July 2015.

Athens exited its latest bailout in August 2018 and is relying on bond markets to refinance its debt.

Greece fully lifted remaining capital controls on Sept.1 as the economy continues to recover after the tumult of three international bailouts since 2010. 

Original Story: Ekathimerini | Reuters 
Photo: Photo by Pierre Amerlynck /
Edition: Prime Yield