Value of Loans Held by Servicers in Greece: Close to €80 Billion for Q2 2025

In the second quarter of 2025, the value of loans held by servicers in Greece reached nearly €80 billion, marking an increase of €1.61 billion compared to the previous quarter. According to the latest data released by the Bank of Greece (BoG), the growth of the loan servicing sector continues to play a significant role in the management of private sector debt.

Statistical Overview

• Loans to Businesses: The nominal value of business loans increased by €330 million, reaching €27.961 billion. Of these, loans to non-financial corporations (NFCs) amounted to €27.930 billion.
  • Loans to small and medium-sized enterprises (SMEs) represent €10.456 billion.
• Loans to Self-Employed, Farmers, and Sole Proprietors: The nominal value of these loans increased by €161 million, totaling €9.778 billion.
• Loans to Households and Private Non-Profit Entities: The nominal value of loans to individuals and private non-profit organizations increased by €1.127 billion, reaching €41.975 billion.
  • Mortgage Loans: These loans increased by €844 million, totaling €25.370 billion.
  • Consumer Loans: Consumer loans grew by €250 million, amounting to €16.254 billion.

Statistical Breakdown:

• Mortgage Loans: Represent 61% of the total loans held by servicers for individuals, with a total value of €25.37 billion.
• Loans to Businesses: The value of business loans stands at €27.96 billion, reflecting a 1.2% increase compared to the previous quarter.

Significant Increase in the Value of Loans Managed by Servicers

The continued growth in the value of loans managed by servicers in Greece reflects the ongoing expansion of the Loan Servicing Sector (companies managing claims from loans and credits). These companies handle loans transferred to specialized financial institutions by banks.

Mortgage loans remain the most significant category of these loans, as they continue to represent the largest portion of the total loans under management, making up 61% of the total for Q2 2025.

The increase in loans to businesses and individuals highlights the steady flow of liquidity into the economy, with servicers playing a crucial role in the restructuring and repayment of debt.

The total value of loans managed by servicers approaches €80 billion, with a significant increase of €1.61 billioncompared to the previous quarter. This trend underscores the resilience of the Greek economy but also the challenges faced by banks and financial institutions in effectively managing these claims.

Percentage Breakdown of Loans:

• Mortgage Loans: 61% of the total loan volume.
• Business Loans: 35% of the total loan volume.
• Loans to Self-Employed and Farmers: 12% of the total loan volume.

The continued increase in the loans managed by servicers reflects the ongoing efforts to clean up the Greek banking system and enhance financial stability.

Source: pagenews.gr