29
Fri, Aug

Bank Loans Down €751M in July 2025: BoG

Bank Loans Down €751M in July 2025: BoG

Hellenic Shipping News

Bank loans to Greek businesses were negative in July 2025 to

Bank loans to Greek businesses were negative in July 2025 to the tune of €751 million, compared to a net €2.650 billion flow in June, according to the Bank of Greece (BoG).

The annual change in financing of the domestic economy was 7.2% in July 2025, slightly up from 7% in the previous month. Net financing to Greece’s general government turned positive in July, reaching €509 million, compared with a negative flow of €93 million in June, central bank data showed on Thursday. The annual growth rate of government financing rose to 2.0% from 1.2% the previous month.

Private sector financing remained steady on an annual basis, with growth unchanged at 10.5% in July. However, net monthly flows swung sharply into negative territory, with outflows of €1.26 billion, after a positive flow of €2.74 billion in June.

Financing to businesses posted a net outflow of €1.27 billion in July, following an inflow of €2.38 billion in June. The annual growth rate for corporate financing was 15.8%. Within that, lending to non-financial corporations rose at an annual pace of 16.1%, up from 15.9% in June, though their net flow was negative at €1.11 billion after a €2.05 billion inflow the previous month.

By contrast,

Content Original Link:

Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

" target="_blank">

Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers