ATHENS, Aug. 27 (Xinhua) -- Greek private sector deposits increased by two billion euros (2.4 billion U.S. dollars) this summer after the conclusion of the second review of Greece's third bailout in mid-June, Greek media reported on Sunday.
Approximately one billion euros in corporate and household deposits were made in June, according to central Bank of Greece data, bringing the total of private sector deposits in Greece's banking system to 120.4 billion euros.
An additional one billion euros were added in July to early August, financial news portal "Sofokleous" reported, citing banking sources.
The positive trend is the result of the gradual restoration of confidence to the financial system and the prospects of Greek economy, following the end of the review which dragged on for more than a year, it reported.
The swift completion of the third review which starts in autumn is crucial to further strengthen confidence in the Greek banking system, the report added.
Bankers expect that Greeks will keep transferring cash hidden under their mattresses to the banking system in coming months, as from Sept. 1 the capital controls imposed in June 2015 will further ease.
From this September, Greek depositors will be able to withdraw up to 1,800 euros per month. So far they can withdraw up to 840 euros each fortnight. (1 euro= 1.19 US dollars)
