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