Bank Lending Survey (BLS): Q2 2025
22/07/2025 - Press Releases
- The credit standards for loans to non-financial corporations (NFCs) remained unchanged, whereas the terms and conditions for corporate loans eased somewhat in the second quarter of 2025. The overall demand for corporate loans increased somewhat.
- The credit standards for household loans remained unchanged regarding housing loans and consumer credit loans for the second quarter of 2025. The terms and conditions eased somewhat for housing loans, while for consumer loans they remained unchanged in the second quarter of 2025. The demand for housing loans decreased, while the demand for consumer credit increased.
Loans to non-financial corporations
In the second quarter of 2025, the credit standards for loans to non-financial corporations (NFCs) remained unchanged compared with the first quarter of 2025 (see Chart 1), in line with the expectations expressed in the previous quarterly survey round. Moreover, banks expect credit standards to remain unchanged during the third quarter of 2025.
The overall terms and conditions for loans to NFCs eased somewhat compared with the first quarter of 2025, as competitive pressures led to narrower margins, mainly on average loans.
During the second quarter of 2025, the overall demand for loans to NFCs increased somewhat, primarily with regard to long-term loans, due to corporate financing needs and lack of alternative sources of funding (see Chart 2). In 2025 Q3, banks expect the demand from NFCs to remain unchanged.
In the second 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 second quarter of 2025, the credit standards for loans to households remained unchanged regarding housing and consumer loans compared with the first quarter of 2025 (see Chart 1). The terms and conditions for housing eased somewhat, as a means of enhancing lending activity and facilitating customers. The terms and conditions for consumer and other credit loans remained unchanged during the second quarter of 2025. Banks expect that credit standards for housing and consumer credit loans will remain unchanged during the third quarter of 2025.
In the second quarter of 2025, the demand for housing loans decreased. More specifically, while the state program “MY HOME II” is ongoing, the inflow of applications from interested parties to the Credit Institutions continued at a declining rate, during the second quarter of 2025, compared to the rate observed at the start of the program in the first quarter of 2025. The demand for consumer loans increased somewhat due to financing needs in the second quarter of 2025 (see Chart 2). During the third quarter of 2025, the demand for housing and consumer loans is expected to remain unchanged.
During the second 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 Q3 2025 will be published on 29 October 2025, in accordance with the Advance release calendar published on the Bank of Greece website.
Related links:
More on the Bank Lending Survey
Methodology