On the contrary, an increase of 389 million euros were presented by the deposits of the general government
A decrease of 136 million euros to 147 billion euros presented in October 2024, the household deposits and private non-profit institutions, against an increase of 330 million. euros in the previous month, while the annual rate of change was 2.3% from 2.4% in the previous month, according to data from the Bank of Greece.
Private sector deposits decreased by 2,258 million. euros, in October 2024, against an increase of 2,324 million euros last month, while the annual rate of change remained unchanged at 3.3%.
Decrease by 2.122 billion Euros were presented, in October 2024, by the deposits of businessesagainst an increase of 1,994 million euros in the previous month, and the annual rate of change stood at 6.3% from 6.2% in the previous month. Specifically, MXE deposits decreased by 2.286 billion. euros, against an increase of 2,239 million euros in the previous month. The deposits of insurance companies and other financial institutions increased by 164 million. euros, against a decrease of 244 million euros in the previous month.
On the contrary, an increase of 389 million euros were presented, in October 2024, by the deposits of the general governmentagainst an increase of 37 million euro in the previous month and the annual rate of change was -12.1% from -14.2% in the previous month.
On the part of loans the monthly net flow of financing to businesses in October 2024 was positive by 2.020 billion. euros, against a positive net flow of 1.915 billion. euros in the previous month, while the annual rate of change increased to 14.8% from 10.9% in the previous month.
In particular, the annual rate of change in financing of non-financial corporations (NFCs) increased to 13.4% from 9.2% in the previous month. Their monthly net funding flow was positive by 2.198 billion. euros, against a positive net flow of 1.610 billion euros in the previous month. The annual rate of change in the financing of insurance companies and other financial institutions increased to 26.8% from 25.0% in the previous month. Their monthly net funding flow was negative by 177 million. euros, against a positive net flow of 305 million euros in the previous month.
The annual rate of change in total private sector financing rose to 9.1% from 6.6% in the previous month. The monthly net flow of total financing to the private sector was positive by €1.882 billion, compared to a positive net flow of €1.943 billion in the previous month. euros in the previous month.
Finally, negative by 78 million euros was the monthly net flow of funding to individuals and private non-profit institutionsin October 2024, against a negative net flow of 21 million. euros in the previous month. The annual rate of change in their funding stood at -0.7% from -0.8% the previous month.
Source: Skai
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