BUSINESS

Private sector bank deposits rise for 10th month in November

[InTime News]

TAGS: Economy, Banking

Greek private sector bank deposits rose in November for the tenth month in a row, central bank data showed on Tuesday.

Business and household deposits increased to 158.7 billion euros ($194.93 billion) from 155.7 billion 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 now relies on bond markets to refinance its debt. [Reuters]

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