The Bank of Greece reported that annual private-sector credit growth accelerated to 7.1% in August 2026 from 6.8% in July, while total credit growth remained unchanged at 3.5%. Private-sector credit recorded a EUR 478 million monthly inflow, but a EUR 516 million outflow from general government credit left the total monthly credit flow negative by EUR 38 million. Corporate credit drove the private-sector increase, with a EUR 508 million inflow and annual growth of 9.4%. Total deposits rose by EUR 3.197 billion after declining by EUR 2.190 billion in July, lifting their annual growth rate to 9.3% from 9.0%. Private-sector deposits increased by EUR 2.965 billion, primarily reflecting a EUR 2.380 billion rise in corporate deposits, while household and private nonprofit institution deposits grew by EUR 585 million.
Bank of Greece reports faster private credit growth and EUR 3.197 billion deposit inflow in August
Annual private-sector credit growth accelerated to 7.1% in August 2026, driven by corporate lending, while total credit growth held at 3.5%. Total deposits rose by EUR 3.197 billion, with private-sector deposits increasing by EUR 2.965 billion.