Bank of Greece issued the following announcement on April 30.
In March 2019, the annual growth rate of total credit extended to the economy stood at -0.5% from -1.2% in the previous month and the monthly net flow was positive at €601 million, compared with a negative net flow of €694 million in the previous month.
The annual growth rate of total deposits stood at 6.9% from 7.2% in the previous month, while the monthly net flow was positive at €453 million, compared with a negative net flow of €504 million in February 2019.
I.Credit to the domestic economy
Ι.1 Credit to the general government (1)
In March 2019, the monthly net flow of credit to the general government was positive at €380 million, compared with a negative net flow of €1,150 million in the previous month. The annual growth rate of credit to the general government stood at 0.1% from -4.9% in the previous month.
Ι.2 Credit to the private sector
In March 2019, the annual growth rate of credit to the private sector stood at -0.6%, unchanged from the previous month. The monthly net flow of credit to the private sector was positive at €221 million, compared with a positive net flow of €456 million in the previous month.
Ι.2.1 Credit to corporations
In March 2019, the monthly net flow of credit to corporations was positive at €373 million, compared with a positive net flow of €601 million in the previous month; the annual growth rate stood at 1.0%, unchanged from the previous month. In particular, the annual growth rate of credit to non-financial corporations stood at 1.6%, unchanged from the previous month and the monthly net flow of credit was positive at €203 million, against a positive net flow of €649 million in the previous month. The annual growth rate of credit to insurance corporations and other financial intermediaries stood at -5.6% from -5.8% in the previous month and the monthly net flow was positive at €171 million, compared with a negative net flow of €47 million in the previous month.
Ι.2.2 Credit to sole proprietors and unincorporated partnerships
In March 2019, the monthly net flow of credit to sole proprietors and unincorporated partnerships was positive at €28 million, compared with a positive net flow of €2 million in the previous month; the annual growth rate stood at -1.4% from -1.6% in the previous month.
Ι.2.3 Credit to individuals and private non-profit institutions
In March 2019, the monthly net flow of credit to individuals and private non-profit institutions was negative at €180 million, compared with a negative net flow of €147 million in the previous month; the annual growth rate stood at -2.3% from -2.2% in the previous month.
II.Deposits (2) by the domestic economy with the domestic credit institutions (3)
ΙΙ.1 Deposits placed by the general government
In March 2019, deposits placed by the general government decreased by €828 million, compared with an increase of €284 million in the previous month and the annual growth rate stood at 18.5% from 21.2% in the previous month.
ΙΙ.2Deposits placed by the private sector
In March 2019, deposits placed by the private sector increased by €1,282 million, compared with a decrease of €789 million in the previous month and the annual growth rate stood at 5.6% from 5.5% in the previous month.
ΙΙ.2.1 Corporate deposits
In March 2019, corporate deposits increased by €762 million, compared with a decrease of €1,065 million in the previous month and the annual growth rate stood at 6.5% from 3.7% in the previous month. In particular, deposits from non-financial corporations increased by €958 million, against a decrease of €1,070 million in the previous month. Deposits placed by insurance corporations and other financial intermediaries decreased by €196 million, compared with an increase of €4 million in the previous month.
ΙΙ.2.2 Deposits placed by households and private non-profit institutions
In March 2019, deposits placed by households and private non-profit institutions increased by €519 million, compared with an increase of €277 million in the previous month, while the annual growth rate stood at 5.4% from 5.9% in the previous month.
Original source can be found here.