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The bank financing of the domestic private sector - Athens Times

    The bank financing of the domestic private sector

    The monthly net flow of total funding to the domestic private sector was negative in 146 million. euro, compared with…
    negative net flow 295 million. euro in the previous month.
    Business finance
    The monthly net flow of financing to businesses, in March 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.
    Funding for the self-employed, farmers and individual businesses
    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.
    Financing of private individuals and private non-profit institutions
    Negative by 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.
    Source: Bank of Greece /SEN

    Source