06/16/2022 – Press releases
-In the first quarter of 2022, the nominal value of loans to the domestic private sector served by domestic CSFs that were transferred to non-resident specialized financial institutions increased by €7,923 million.
-The total value of the above loan category increased to 87,661 million euros at the end of the first quarter of 2022, compared to 79,738 million euros in the previous quarter.
Business loans
The nominal value of corporate loans served increased to 32,811 million euros in the first quarter of 2022, compared to 32,026 million euros in the previous quarter. More specifically, the nominal value of loans to non-financial corporations (NFCs) increased by €763 million to reach €32,708 million at the end of the first quarter of 2022. Of the total of these loans to NFCs, an amount of 16.728 million corresponds to loans to small and medium-sized enterprises (SMEs).
The nominal value of loans to other financial institutions served by FSCs increased by €24 million to €104 million at the end of the first quarter of 2022.
Loans to sole proprietors, farmers and unincorporated partnerships
The nominal amount of loans to individual entrepreneurs, farmers and general partnerships served by the FSCs increased by €556 million compared to the previous quarter to stand at €12,231 million at the end of the first quarter of 2022.
Loans to individuals and private non-profit institutions
The nominal amount of loans to individuals and private non-profit institutions served by the CSFs increased from €6,582 million to €42,619 million at the end of the first quarter of 2022. More specifically, consumer loans served increased by 2 €187 million to €18,257 million, while the corresponding property loans increased by €4,394 million to €24,170 million.
Table: Loans to domestic residents transferred to foreign financial institutions and managed by FSCs
(Nominal value, end of quarter data, in millions of euros)
|
Q3 – 2021 |
Q4- 2021 |
Q1- 2022 |
|
|
Private sector |
72,200 |
79,738 |
87,661 |
|
Companies |
29 114 |
32,026 |
32,811 |
|
Non-financial corporations (NFC) |
29,029 |
31,945 |
32,708 |
|
of which small and medium enterprises |
15,650 |
16,311 |
16,728 |
|
Other financial institutions |
85 |
80 |
104 |
|
Sole Proprietors, Farmers and Unincorporated Partnerships |
10,504 |
11,675 |
12,231 |
|
Individuals and private non-profit institutions |
32,583 |
36,037 |
42,619 |
|
of which consumer loans |
15,344 |
16,070 |
18,257 |
|
of which real estate loans |
17,047 |
19,776 |
24,170 |
Numbers may not add up due to rounding.
Further information:
The next Press Release on “Statistics on loans served by Credit Servicing Firms (CSFs))for the first quarter of 2022 will be released on September 16, 2022 according to the advance release schedule published on the Bank of Greece website.
Related link:
Loans managed by credit management companies
