LOANS
In October 2024, both new applications and successful settlements under the out-of-court debt settlement mechanism recorded a significant increase compared to October 2023.
06/11/24 • 13:09
In Q3 2024, the lending criteria for non-financial corporations (NFCs) remained unchanged compared to Q2 2024, in line with the expectations expressed in the previous quarter's survey as the Bank of Greece announced today.
15/10/24 • 14:41
The Greek government will repay loans from the Support Mechanism totaling around €8 billion in December.
07/10/24 • 15:55
The weighted average interest rates on new deposits and loans remained almost unchanged in August 2024, at 0.54% and 5.84%, respectively, according to Bank of Greece data.
02/10/24 • 13:36
According to the results of a recent Octane study on the Greek NPLs market, Greece still has the highest NPL rate in the European Union, at 3.3% compared to an average of 1.9% by Q2 2023.
19/09/24 • 10:16
The nominal value of domestic private sector loans managed by servicers and transferred to specialized financial institutions abroad decreased by €277 million in the second quarter of 2024.
18/09/24 • 13:59
While the general requirements for granting business loans were somewhat loosened in Q2 2024, the standards for lending to non-financial corporations (NFCs) stayed the same.
16/07/24 • 15:17
In May, net financing to the private sector was €66 million, while net financing to businesses was positive by €105 million.
27/06/24 • 13:48
Based on data from the Bank of Greece, the interest rate on new loans decreased marginally, narrowing the difference with the new deposit rates.
05/06/24 • 13:51
The Greek economy proved resilient in the face of external shocks and expanded by 5.6% in 2022.
21/12/23 • 16:50
In October 2023, the weighted average interest rate on new deposits increased to 0.46%, while the corresponding interest rate on new loans remained almost unchanged at 6.17%.
04/12/23 • 14:54