The bank deposits of individuals and companies stood at €171.7 billion at the end of July, a €1.8 billion increase from June, according to Bank of Greece data.
Corporate deposits increased by over a billion, including €477 million from insurance companies.
Overall, corporate liquidity stood at €35.3 billion at the end of July, €11.4 billion more than in March 2020, when the first pandemic lockdown hit the economy.
Insurance companies’ liquidity stood at €5.1 billion.
Term deposits declined by €976 million month-on-month to €31.6 billion, as lower interest rates have been dissuading depositors from locking in their money.
Original Story: Ekathimerini |News
Photo: Photo by Jonte Remos from FreeImages
Edition: Prime Yield