Bank Lending Survey (BLS): Q3 2025
29/10/2025 - Press Releases
- The credit standards for loans to non-financial corporations (NFCs) remained almost unchanged, whereas the terms and conditions for corporate loans eased somewhat, in the third quarter of 2025. The overall demand for corporate loans increased.
- The credit standards for household loans remained unchanged regarding housing loans and consumer credit loans for the third quarter of 2025. The terms and conditions tightened somewhat for housing loans, while for consumer loans they remained unchanged in the third quarter of 2025. The demand for housing loans decreased, while the demand for consumer credit increased.
Loans to non-financial corporations
In the third quarter of 2025, the credit standards for loans to non-financial corporations (NFCs) remained almost unchanged compared with the second quarter of 2025 (see Chart 1), in line with the expectations expressed in the previous quarterly survey round. Banks expect credit standards to remain unchanged during the fourth quarter of 2025.
The overall terms and conditions for loans to NFCs eased somewhat compared with the second quarter of 2025, as increasing competitive pressures led to narrower margins, mainly on average loans.
During the third quarter of 2025, the overall demand for loans to NFCs increased due to corporate financing needs and amplification of alternative sources of funding (see Chart 2). In the fourth quarter of 2025, banks expect the demand from NFCs to increase.
In the third quarter of 2025, the ratio of rejected applications for loans to NFCs remained unchanged compared with the previous quarter (see Chart 3).
Loans to households
In the third quarter of 2025, the credit standards for housing and consumer loans to households remained unchanged compared with the second quarter of 2025 (see Chart 1). The terms and conditions for housing loans tightened somewhat during the third quarter of 2025. The terms and conditions for consumer and other credit loans remained unchanged during the third quarter of 2025. Banks expect that credit standards for housing and consumer credit loans will also remain unchanged during the fourth quarter of 2025.
The demand for housing loans decreased during the third quarter of 2025. More specifically, following the decline already observed in the second quarter, the inflow of applications from interested households to credit institutions for housing loans continued at a decreasing pace. The demand for consumer loans increased due to financing needs, in the third quarter of 2025 (see Chart 2). During the fourth quarter of 2025, the demand for housing and consumer loans is expected to remain unchanged.
During the third quarter of 2025, the ratio of rejected applications for housing loans and consumer credit remained almost unchanged (see Chart 3).
Chart 1 - Credit Standards (Average)
Chart 2 - Demand (Average)
Chart 3 - Share of rejected applications (Average)
Related information:
The next Press Release on the “Bank Lending Survey” for Q4 2025 will be published on 3 February 2026, in accordance with the Advance release calendar published on the Bank of Greece website.
Related links:
More on the Bank Lending Survey
Methodology