The large outflows of deposits stopped with the imposition of capital controls. Thus, from €37 billion in 2015, the decline in the relevant figures was limited to €2 billion a year later.

Roughly 32 billion euros, or 15% of the current level for deposits held by Greek banks, is the ever-narrowing “gap” between the historic high of 237.4 billion euros that was recorded in September 2009 – possibly the start of the nearly decades-long economic and fiscal crisis that battered Greece.

This year alone, deposits held by households and businesses in the country will witness a ninth year of continuous increase, following several years of reductions amid an uncertain period punctuated by three bailouts from 2010 to 2015.

At the end of last October, total deposits stood at 205.95 billion euros, levels last seen in early 2011, according to Bank of Greece (BoG) figures.

The low point in Greece’s “euro era” was in July 2015, after six months of shambolic negotiations between the then SYRIZA-ANEL government with the country’s institutional lenders.

Ultimately, the large outflows of deposits stopped with the imposition of capital controls in late June 2015.