The nominal value of domestic private sector loans managed by domestic Loan and Credit Receivables Management Companies (LDCs) and transferred to specialised financial institutions abroad increased by €579 million in the first quarter of 2024, according to Bank of Greece data.

Specifically, the total value of loans in this category amounted to €70,045 million at the end of Q1 2024, compared to €69,466 million in the previous quarter. 

COPRORATE LOANS

The nominal value of serviced corporate loans increased to €22,903 million in the first quarter of 2024 from €22,848 million in the previous quarter. In further detail, the nominal value of loans to non-financial corporations (NFCs) increased by €55 million to €22,865 million at the end of the first quarter of 2024. Out of the total of these loans to NFCs, an amount of €11,500 million corresponds to loans to small and medium-sized enterprises (SMEs). 

The nominal value of loans to other financial institutions serviced by CSFs remained unchanged at €38 million at the end of the first quarter of 2024.

LOANS TO PROPRIETORS

The nominal value of loans to sole proprietors, farmers and unincorporated partnerships serviced by CSFs increased by €145 million from the previous quarter to €9,196 million at the end of the first quarter of 2024.

LOANS TO INDIVIDUALS

The nominal value of loans to individuals and private non-profit institutions serviced by CSFs increased by €380 million to €37,946 million at the end of the first quarter of 2024. In further detail, consumer loans serviced increased by €35 million to €15,666 million, while the corresponding housing loans increased by €346 million to €21,992 million.