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Bank deposits are at their lowest levels since 2001, according to the Bank of Greece (BoG). The figures released by the BoG revealed that deposit outflows of Greek depositors amounted to 1.567 billion euros in January. The amount of deposits in December of 2016 were up by 2.972 billion euros.

Greek private sector bank deposits registered a drop in December after rising in the two previous months, central bank data showed on Friday, with the fall attributed to statistical counting changes.

Business and household deposits fell by 3.42 billion euros, or 2.7 percent month-on-month, to 121.38 billion euros, their lowest level since July 2003.

ING Group plans to shed 7,000 jobs and invest heavily in its digital platforms to achieve annual savings of 900 million euros ($1 billion) by 2021, the Netherlands' largest financial services company said on Oct. 3.
The layoffs represent slightly less than 12 percent of ING's 52,000 workforce because nearly 1,000 are expected to come at suppliers rather than the company itself.

"In the candidature of Gentian Sejko, who comes from the ranks of the banking system, I valued the managerial experience, his education and moral integrity," President Bujar Nishani said in a statement accompanying the decree on Monday.

The Sofia City Court (SCC) will hold its first session on the Corporate Commercial Bank (KTB) insolvency case on Monday.

Last week the majority owner Bromak had filed an appeal with the Supreme Administrative Court (SAC) over the central bank's decision to withdraw KTB's banking licence.