Piraeus Bank – H1 2025 Credit Growth Overview

€2.2 billion net increase in performing loans during H1 2025, reflecting strong loan origination momentum.

Net Loan Growth

• €2.2 billion net increase in performing loans during H1 2025, reflecting strong loan origination momentum.
• Q2 2025 Disbursements:
  • €1.5 billion to large corporates (structured finance & shipping)
  • €1.3 billion to SMEs
  • €250 million to individuals

Loan Book Dynamics (Image 1)

• Performing loans rose from €34.6bn (Mar 2025) to €36.8bn (Jun 2025).
• Net loan growth +€2.2bn (+6% H1), after repayments and FX effects.
• The bank now revises its 2025 credit expansion target to >€3bn, up from €2.5bn.

Loan Portfolio Composition & Strategy (Image 2)

• Strong growth across all business lending segments
  • Large corporates: €17.9bn (steady growth)
  • SMEs: €9.8bn
  • Mortgage loans: €6.1bn
  • Consumer loans: €3bn
• Household lending rose by €70 million in Q2 2025
• Yield improvement: Performing loan yield at 5.0% in Jun 2025 (vs 2.6% in Dec 2021)
• Sustainable finance: €4.2bn (~12% of total loans)

Fee & Commission Income Drivers

• High disbursement volumes boosted loan-related fees
• Strong growth in asset management and insurance product distribution
• Q2 card fees included a €12m one-off gain from a strategic partnership
• Decline in money transfer & payment fees due to early 2025 regulatory measures, partly offset by €23m in trade finance fees

 Strategic Focus Areas

• Increased emphasis on:
  • Greenhouse technologies
  • Sustainable financing
  • International syndicated loans
  • Flagship infrastructure projects

Source: piraeusbank