Private sector deposits increased by 3 billion in August

Financing of the domestic economy remained at an annual rate of 3.5% in August 2026, while deposits increased by 3.197 billion euros. Financing of the private sector and businesses strengthened.

Private sector deposits increased by 3 billion in August

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The annual rate of change of total financing of the domestic economy stood at 3.5% in August 2026, unchanged compared with the previous month, according to the Bank of Greece. At the same time, the annual rate of change of total deposits increased to 9.3% in August 2026, from 9.0% the previous month. Private sector deposits increased by 2,965 million euros in August 2026, compared with a decrease of 2,014 million euros the previous month.

In detail:

I. Financing of the domestic economy

The monthly net flow of total bank financing was negative by 38 million euros in August 2026, compared with a negative net flow of 3,889 million euros the previous month.

I.1 Financing of general government

The monthly net flow of bank financing to general government in August 2026 was negative by 516 million euros, compared with a negative net flow of 1,367 million euros the previous month. The annual rate of change of financing to general government stood at -2.4% from -2.0% the previous month.

I.2 Financing of the private sector

In August 2026, the annual rate of change of total bank financing to the private sector increased to 7.1% from 6.8% the previous month. The monthly net flow of total financing to the private sector was positive by 478 million euros, compared with a negative net flow of 2,522 million euros the previous month.

I.2.1 Financing of businesses

The monthly net flow of bank financing to businesses in August 2026 was positive by 508 million euros, compared with a negative net flow of 2,480 million euros the previous month, while the annual rate of change increased to 9.4% from 9.0% the previous month. More specifically, the annual rate of change of bank financing to non-financial corporations (NFCs) stood at 9.0% from 9.2% the previous month. The monthly net flow of their financing was positive by 34 million euros, compared with a negative net flow of 1,724 million euros the previous month. The annual rate of change of financing to insurance corporations and other financial institutions increased to 12.5% from 7.1% the previous month. The monthly net flow of their financing was positive by 474 million euros, compared with a negative net flow of 757 million euros the previous month.

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

In August 2026, the monthly net flow of bank financing to self-employed professionals, farmers and sole proprietorships was negative by 21 million euros, compared with a negative net flow of 83 million euros the previous month. The annual rate of change of their financing stood at -3.1% from -3.0% 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 non-profit institutions was negative by 10 million euros in August 2026, compared with a positive net flow of 41 million euros the previous month. The annual rate of change of their financing stood at 2.4% from 2.5% the previous month.

II. Deposits of the domestic economy in domestic credit institutions

The monthly net flow of total deposits was positive by 3,197 million euros in August 2026, compared with a negative net flow of 2,190 million euros the previous month.

II.1 Deposits from general government

General government deposits increased by 232 million euros in August 2026, compared with a decrease of 175 million euros the previous month, while the annual rate of change decreased to 9.8% from 10.7% the previous month.

II.2 Deposits from the private sector

Private sector deposits increased by 2,965 million euros in August 2026, compared with a decrease of 2,014 million euros the previous month, while the annual rate of change increased to 9.3% from 8.9% the previous month.

II.2.1 Deposits from businesses

Business deposits increased by 2,380 million euros in August 2026, compared with a decrease of 2,254 million euros the previous month, while the annual rate of change increased to 25.2% from 23.1% the previous month. More specifically, NFC deposits increased by 2,393 million euros, compared with a decrease of 2,443 million euros the previous month. Deposits of insurance corporations and other financial institutions decreased by 13 million euros, compared with an increase of 189 million euros the previous month.

II.2.2 Deposits from households and private non-profit institutions

Deposits of households and private non-profit institutions increased by 585 million euros in August 2026, compared with an increase of 240 million euros the previous month, while the annual rate of change decreased to 3.6% from 3.9% the previous month.

 

* See details in the Accompanying Material column.

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