Private deposits jumped by 5.3 billion euros in May

Deposits from businesses and households rose to 214.89 billion euros. Lending also increased, with a positive net flow of loans amounting to 1.31 billion euros to the private sector. Data from the Bank of Greece.

Private deposits jumped by 5.3 billion euros in May

This article is an AI translation of an original piece published in Greek. Read original

The monthly net flow of total bank financing was positive at 1,644 million euros in May 2026, compared with a negative net flow of 1,081 million euros the previous month, according to data from the Bank of Greece. 

I.1 General Government Financing

The monthly net flow of bank financing to the general government in May 2026 was positive at 329 million euros, compared with a positive net flow of 135 million euros the previous month. The annual rate of change in general government financing stood at 0.0%, up from -0.7% the previous month.

I.2 Private-sector financing

In May 2026, the annual rate of change in total bank financing of the private sector rose to 7.4% from 6.8% the previous month. The monthly net flow of total financing to the private sector was positive at 1,315 million euros, compared with a negative net flow of 1,216 million euros the previous month.

I.2.1 Business Financing

The monthly net flow of bank financing to businesses in May 2026 was positive at 1,285 million euros, compared with a negative net flow of 1,150 million euros the previous month, while the annual rate of change rose to 9.8% from 8.8% the previous month. Specifically, the annual rate of change in bank financing to non-financial corporations (NFCs) rose to 9.8% from 9.5% the previous month. The monthly net flow of financing to these enterprises was positive at 427 million euros, compared with a negative net flow of 731 million euros the previous month. The annual rate of change in financing for insurance companies and other financial institutions rose to 9.2% from 2.8% the previous month. The monthly net flow of financing for these entities was positive at 858 million euros, compared with a negative net flow of 419 million euros the previous month.

I.2.2 Financing of self-employed professionals, farmers, and sole proprietorships

In May 2026, the monthly net flow of bank financing to self-employed professionals, farmers, and sole proprietorships was negative by 9 million euros, compared with a negative net flow of 54 million euros the previous month. The annual rate of change in their financing stood at -2.0%, unchanged from the previous month.

I.2.3 Financing of Individuals and Private Non-Profit Institutions

The monthly net flow of bank financing to individuals and private nonprofit institutions was positive by 39 million euros in May 2026, compared with a negative net flow of 13 million euros the previous month. The annual rate of change in their financing stood at 2.7%, unchanged from the previous month.

II. Deposits of the domestic economy with domestic credit institutions

The monthly net flow of total deposits was positive by 5,063 million euros in May 2026, compared with a negative net flow of 34 million euros the previous month.

II.1 Deposits from the general government

General government deposits decreased by 249 million euros in May 2026, compared with an increase of 32 million euros the previous month, while the annual rate of change fell to 14.6% from 22.5% the previous month.

II.2 Private-sector deposits

Private-sector deposits increased by 5,313 million euros in May 2026, compared with a decrease of 66 million euros the previous month, while the annual rate of change rose to 7.8% from 5.8% the previous month. Total private-sector deposits rose to 214.89 billion euros. 

II.2.1 Corporate Deposits

In May 2026, corporate deposits increased by 4,973 million euros, compared with a decrease of 935 million euros the previous month, while the annual rate of change rose to 18.7% from 10.8% the previous month. Specifically, deposits at MXEs increased by 4,582 million euros, compared with a decrease of 1,075 million euros the previous month. Deposits from insurance companies and other financial institutions increased by 390 million euros, compared with an increase of 139 million euros the previous month.

II.2.2 Deposits from households and private nonprofit institutions

In May 2026, compared with an increase of 869 million euros the previous month, and the annual rate of change stood at 4.1%, unchanged from the previous month.

*See the detailed data from the Bank of Greece in the right-hand column titled “Supporting Material.”  

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