Bank of Greece: the nominal value of loans to the domestic private sector increased 25M in third quarter of 2023
Bank of Greece: the nominal value of loans to the domestic private sector increased 25M in third quarter of 2023
  Economy  |  Greece  |  Data  |  Analysis

Bank of Greece: the nominal value of loans to the domestic private sector increased 25M in third quarter of 2023

RE+D magazine
18.12.2023

In the third quarter of 2023, the nominal value of loans to the domestic private sector serviced by domestic CSFs that have been transferred to non-resident specialised financial institutions increased by €25 million.

According to the Bank of Greece, the total value of the above category of loans increased to €71,186 million at the end of the third quarter of 2023, from €71,161 million in the previous quarter.      

The nominal value of serviced corporate loans increased to €23,953 million in the third quarter of 2023, from €23,921 million in the previous quarter. In further detail, the nominal value of loans to non-financial corporations (NFCs) increased by €34 million to €23,890 million at the end of the third quarter of 2023. Out of the total of these loans to NFCs, an amount of €12,207 million corresponds to loans to small and medium-sized enterprises (SMEs). 

The nominal value of loans to other financial institutions serviced by CSFs decreased by 2 million to €63 million at the end of the third quarter of 2023.

The nominal value of loans to sole proprietors, farmers and unincorporated partnerships serviced by CSFs increased by €12 million from the previous quarter to €9,593 million at the end of the third quarter of 2023.

The nominal value of loans to individuals and private non-profit institutions serviced by CSFs decreased by €20 million to €37,640 million at the end of the third quarter of 2023. In further detail, consumer loans serviced decreased by €37 million to €15,813 million, while the corresponding housing loans increased by €18 million to €21,528 million.