Lowest since October 2005
Spanish private sector bank deposits fell 0.5% in June
Lowest since July 2008
Private sector deposits at Portuguese banks fell 3.5% in June
Private sector deposits at Irish banks fell 1.8% in June
However!!
Private sector deposits at Italian banks ROSE almost 2% in June
Private sector deposits at German and French banks rose +0.4% in June
Apart from Italy, some pretty dire numbers in the periphery countries.