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Tag Archives: Greke banks

Bank of Greece links recent plunge of banks stocks to “interest rates rises”

The Bank of Greece has linked the latest developments in the Athens Stock Exchange and the plunge of Greek banks stocks to exogenous factors such as rises in interest rates internationally and in Greece’s neighbouring countries in particular. In a statement issued on Wednesday, the Bank of Greece stressed among …

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Greece’s bank deposits record an increase in July 2018

Private sector deposits in Greece’s banks increased by 841 million euros in July, Bank of Greece said on Tuesday. Deposits stood at 130.2 billion euros in July when they were 129.4 billion the previous month. In July 2018, the annual growth rate of total credit extended to the economy stood …

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