Bank credit and deposits: March 2025
29/04/2025 - Press Releases
- The annual growth rate of total credit extended to the domestic economy increased to 6.9% in March 2025 from 6.2% in the previous month.
- The annual growth rate of total deposits increased to 5.1% in March 2025 from 4.9% in the previous month.
- Deposits placed by the private sector increased by €2,405 million in March 2025, compared with a decrease of €1,701 million in the previous month.
I. Credit to the domestic economy
Τhe monthly net flow of total credit was positive by €2,901 million in March 2025, compared with a negative net flow of €7 million in the previous month.
Ι.1 Credit to the general government
In March 2025, the monthly net flow of credit to the general government was positive by €949 million, compared with a negative net flow of €1,416 million in the previous month; the annual growth rate increased to 1.6% from -0.2% in the previous month.
Ι.2 Credit to the private sector
In March 2025, the annual growth rate of credit to the private sector decreased to 10.3% from 10.5% in the previous month. The monthly net flow of credit was positive by €1,952 million, compared with a positive net flow of €1,409 million in the previous month.
Ι.2.1 Credit to corporations
In March 2025, the monthly net flow of credit to corporations was positive by €1,867 million, compared with a positive net flow of €1,438 million in the previous month; the annual growth rate decreased to 16.0% from 16.5% in the previous month. In particular, the annual growth rate of credit to non-financial corporations (NFCs) remained almost unchanged at 16.8% from 16.7% in the previous month; the monthly net flow was positive by €1,938 million, compared with a positive net flow of €1,277 million in the previous month. The annual growth rate of credit to insurance corporations and other financial intermediaries decreased to 10.0% from 14.6% in the previous month; the monthly net flow was negative by €71 million, compared with a positive net flow of €161 million in the previous month.
Ι.2.2 Credit to sole proprietors and unincorporated partnerships
In March 2025, the monthly net flow of credit to sole proprietors and unincorporated partnerships was positive by €33 million, compared with a positive net flow of €4 million in the previous month; the annual growth rate decreased to -0.1% from 0.2% in the previous month.
Ι.2.3 Credit to individuals and private non-profit institutions
In March 2025, the monthly net flow of credit to individuals and private non-profit institutions was positive by €52 million, compared with a negative net flow of €33 million in the previous month; the annual growth rate stood at -0.5%, unchanged from the previous month.
II. Deposits by the domestic economy with the domestic credit institutions
In March 2025, the monthly net flow of total deposits was positive by €1,359 million, compared with a negative net flow of €774 million in February 2025.
ΙΙ.1 Deposits placed by the general government
In March 2025, deposits placed by the general government decreased by €1,046 million, compared with an increase of €928 million in the previous month; the annual growth rate decreased to 12.1% from 15.3% in the previous month.
ΙΙ.2 Deposits placed by the private sector
In March 2025, deposits placed by the private sector increased by €2,405 million, compared with a decrease of €1,701 million in the previous month; the annual growth rate increased to 4.8% from 4.5% in the previous month.
ΙΙ.2.1 Corporate deposits
In March 2025, corporate deposits increased by €2,563 million, compared with a decrease of €1,306 million in the previous month; the annual growth rate increased to 11.9% from 9.4% in the previous month. In particular, deposits from NFCs increased by €2,436 million, against a decrease of €1,259 million in the previous month. Deposits placed by insurance corporations and other financial intermediaries increased by €127 million, compared with a decrease of €46 million in the previous month.
ΙΙ.2.2 Deposits placed by households and private non-profit institutions
In March 2025, deposits placed by households and private non-profit institutions decreased by €158 million, compared with a decrease of €396 million in the previous month; the annual growth rate decreased to 2.6% from 3.0%, in the previous month.
Notes:
1. The general government includes central government, local government and social security funds.
2. Deposits include repos.
3. The Bank of Greece is not included in domestic credit institutions.
Related information:
The next Press Release on “Bank credit and deposits” for April 2025 will be published on 30 May 2025, in accordance with the Advance release calendar, published on the Bank of Greece website.
Related links:
Credit Aggregates
Bank Deposits