Deposits in Greece’s private sector increased by 2.4 billion euros in
Deposits in Greece’s private sector increased by 2.4 billion euros in March 2025, according to official figures released by the Bank of Greece.
The surge was almost entirely driven by businesses, which added 2.563 billion euros to their accounts. In contrast, household deposits saw a decline of 158 million euros, during the same period.
Overall, the monthly net flow of total deposits in the Greek banking system was positive in March, reaching 1.359 billion euros.
Drop in Government Deposits
The general government sector recorded a decline in deposits, which fell by 1.046 billion euros in March. This contrasts with an increase of 928 million euros in February. On an annual basis, the growth rate of government deposits slowed to 12.1% in March, down from 15.3% in the previous month.
Strong Rebound in Private Sector Deposits
The private sector recorded a significant turnaround, with deposits rising by 2.405 billion euros in March. This follows declines of 1.701 billion euros in February and 4.787 billion euros in January. The annual growth rate of private sector deposits also improved to 4.8% in March, up from 4.5% the previous month.
Business Deposits Lead the Way
Corporate deposits were the standout performer, jumping by
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