A further reduction in deposits

Continued the March, the outflow of deposits, in accordance…
with the data of the Bank of Greece. The total of the deposits that you maintain in the banks, enterprises and households decreased at the end of March in 121,5 billion. euro 121,7 billion. euro, which was at the end of February. Compared with a year ago, in March of 2015, the deposits show a reduction of 17,1 billion. euros, or around 12.3%.
In the field of lending in accordance with the information of the Bog in March recorded a decrease of loans to individuals and businesses in the order of 2.1% compared with the corresponding period last year. The monthly net flow of total funding to the domestic private sector was negative in 146 million. euro, against a negative net flow of 295 million. euro in the previous month.
More detail on enterprises, the monthly net flow of financing in March of 2016, was positive in 224 million. euro, against a negative net flow of 48 million. euro in the previous month, and the annual rate of change stood -1.4%, from 1.9% in the previous month. In particular, the annual growth rate of financing of non-financial corporations stood at -0,9% -1,6% in February 2016, while the monthly net flow of funding was positive in 263 million. euro, against a negative net flow of 49 million. euro in the previous month. The annual rate of change of the financing of insurance companies and other financial institutions stood at -8,7% in March 2016, from -6,1% in the previous month and the monthly net flow of funding was negative by 40 million. euro, against a positive net flow of 1 million. euro in the previous month.
In March 2016, the monthly net flow of financing to freelancers, farmers and individual businesses was negative by 9 million. euro, against a negative net flow of 20 million. euro in the previous month, while the annual rate of change remained -1,0%, unchanged compared to the previous month.
End negative at 361 million. euro was the monthly net flow of credit to individuals and private non-profit institutions in March 2016, compared with a negative net flow 226 million. euro in the previous month and the annual rate of change stood at -3,0%, with -2.9% in February 2016.

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