The Bank of Greece published July 2026 banking data showing that annual growth in total credit to the domestic economy slowed to 3.4% from 5.0% in June, while annual growth in total deposits increased to 9.0% from 8.8%. Monthly flows reversed sharply, with total credit recording a net outflow of EUR 3.96 billion and total deposits falling by EUR 2.19 billion after increases in the previous month. Annual private-sector credit growth eased to 6.8% from 7.7%, driven by slower corporate credit growth and a EUR 2.55 billion monthly corporate credit outflow. Private-sector deposits declined by EUR 2.01 billion, largely because corporate deposits fell by EUR 2.25 billion, while household and private nonprofit institution deposits increased by EUR 240 million.
Bank of Greece reports credit growth slowing to 3.4% as deposit growth reaches 9.0% in July
The Bank of Greece reported that annual growth in total domestic credit slowed to 3.4% in July 2026, while total deposit growth rose to 9.0%. Monthly credit and deposit flows turned negative, led by outflows in corporate credit and deposits.