ATHENS Jan 28 Greek business and household bank
deposits rose for a fourth consecutive month in December as
uncertainty over the country's future in the euro zone
membership, central bank data showed on Monday.
Bank of Greece data showed deposits increased by 3.5 percent
to 161.36 billion euros at the end of December from 155.89
billion euros in the previous month, the biggest monthly inflow
in four years. Since reaching a bottom in June 2012, 11.3
billion euros have returned to the banking system.
Banks lost about a third of their deposits since the
country's debt crisis erupted in late 2009, partly due to
capital flight on fears of a euro zone exit.
The shrinking deposit base added to strains on Greek
lenders, which lost access to international funding markets and
have come to depend on central bank funding for their liquidity.
Banks saw deposit inflows over the past few months as
confidence grew that Greece's European partners would continue
bankrolling the country to keep it in the euro zone.