Greek depositors have gradually recovered part of the losses suffered during the financial crisis, particularly over the past six years, but household savings still remain well below their pre-crisis peak, according to data from the Bank of Greece.
In contrast, Greek businesses have not only recovered but fully surpassed their pre-crisis liquidity levels, supported by economic growth and expanding bank credit. At the end of 2025, total deposits held by households and businesses reached €213.2 billion, still short of the €237.5 billion peak recorded in 2009, the year before the crisis erupted.
Households still 21% below 2009 levels
Despite a strong rebound in recent years, household deposits remain 21% lower than in 2009. By the end of 2025, household deposits stood at €154.8 billion, up significantly from €110 billion in 2018, but still well below the €196.9 billion recorded in 2009.
Compared with the end of 2024, household deposits increased by €4.5 billion, with around €2.5 billion of that rise attributed to the payment of Christmas bonuses in December.
Businesses fully recover
The picture is markedly different for Greek companies. Corporate deposits rose to €58.4 billion at the end of 2025, more than doubling from €24.5 billion in 2018 and exceeding 2009 levels by 43.4%. Compared with the end of 2024, business deposits increased by €5.1 billion.
Shift toward investments weighs on time deposits
Beyond bank deposits, households increasingly turned to alternative investment products. In 2025 alone, €5.1 billion was invested by private individuals in mutual funds, while total inflows over the past three years exceeded €13 billion.
This shift helps explain the decline in household time deposits, which fell from €37.2 billion at the end of 2024 to €34.1 billion at the end of 2025, as savers sought higher-yielding options outside traditional banking products.
