Bloomberg News

Greek Bank Deposits Rose in April to 166 Billion Euros, 24h Says

May 15, 2012

Greek banks saw business and household deposits rise to more than 166 billion euros ($214 billion) in April from 165.3 billion euros in March, 24h.gr reported, without saying how it got the information.

The increase was mainly due to a rise in household deposits, which stand at 140 billion euros, the financial website said.

Withdrawals haven’t shown a worrying trend since the May 6 general election, which has led to political gridlock, 24h cited bank officials as saying.

To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net


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