Statistics on loans serviced by Credit Servicing Firms (CSFs): Q4 2020
16/03/2021 - Press Releases
In the fourth quarter of 2020, the nominal value of loans to domestic residents serviced by domestic CSFs increased; the loans serviced concern loans that have been transferred to non-resident specialised financial institutions.
In particular, the total value of the above category of loans increased by €6,264 million to €38,929 million at the end of the fourth quarter of 2020, from €32,665 million in the third quarter of 2020 (see relevant Table and Diagrams).
Corporate loans
The nominal value of serviced corporate loans increased to €13,893 million in the fourth quarter of 2020, from €11,326 million in the previous quarter. In further detail, the nominal value of loans to non-financial corporations (NFCs) increased by €2,549 million to €13,795 million at the end of the fourth quarter of 2020. Out of the total of these loans to NFCs, an amount of €8,176 million corresponds to loans to small and medium-sized enterprises (SMEs).
The nominal value of loans to other financial institutions serviced by CSFs increased by €17 million to €97 million at the end of the fourth quarter of 2020.
Loans to sole proprietors, farmers and unincorporated partnerships
The nominal value of loans to sole proprietors, farmers and unincorporated partnerships serviced by CSFs increased by €934 million from the previous quarter to €6,080 million at the end of the fourth quarter of 2020.
Loans to individuals and private non-profit institutions
The nominal value of loans to individuals and private non-profit institutions serviced by CSFs increased by €2,763 million to €18,956 million at the end of the fourth quarter of 2020. In further detail, consumer loans serviced decreased by €209 million to €11,516 million, while the corresponding housing loans increased by €2.938 million to €7,347 million.
Table: Loans to domestic residents transferred to foreign financial institutions and serviced by CSFs
(Nominal value, end of quarter data, in million euros)
| | Q2 - 2020 | Q3 - 2020 | Q4 - 2020 |
| Private sector | 30,584 | 32,665 | 38,929 |
| Corporations | 8,859 | 11,326 | 13,893 |
| Non-financial corporations (NFCs) | 8,779 | 11,246 | 13,795 |
| o/w small and medium-sized enterprises (SMEs) | 5,907 | 5,480 | 8,176 |
| Other financial institutions | 80 | 80 | 97 |
| Sole proprietors, farmers and unincorporated partnerships | 5,532 | 5,146 | 6,080 |
| Individuals and private non-profit institutions (NPIs) | 16,194 | 16,193 | 18,956 |
| o/w consumer loans | 11,737 | 11,725 | 11,516 |
| o/w housing loans | 4,398 | 4,409 | 7,347 |
Note: The next Press Release on “Statistics on loans serviced by Credit Servicing Firms (CSFs)” for the first quarter of 2021 will be published on 16 June 2021 according to the Advance release calendar published on the Bank of Greece website.