Statistics on loans serviced by Credit Servicing Firms (CSFs): Q1 2022
16/06/2022 - Press Releases
-In the first quarter of 2022, 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 €7,923 million.
-The total value of the above category of loans increased to €87,661 million at the end of the first quarter of 2022, from €79,738 million in the previous quarter.
Corporate loans
The nominal value of serviced corporate loans increased to €32,811 million in the first quarter of 2022, from €32,026 million in the previous quarter. In further detail, the nominal value of loans to non-financial corporations (NFCs) increased by €763 million to €32,708 million at the end of the first quarter of 2022. Out of the total of these loans to NFCs, an amount of €16,728 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 €24 million to €104 million at the end of the first quarter of 2022.
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 €556 million from the previous quarter to €12,231 million at the end of the first quarter of 2022.
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 €6,582 million to €42,619 million at the end of the first quarter of 2022. In further detail, consumer loans serviced increased by €2,187 million to €18,257 million, while the corresponding housing loans increased by €4,394 million to €24,170 million.
Table: Loans to domestic residents transferred to foreign financial institutions and serviced by CSFs
(Nominal value, end of quarter data, in million euros)
| Q3 - 2021 | Q4 - 2021 | Q1 - 2022 |
Private sector | 72,200 | 79,738 | 87,661 |
Corporations | 29,114 | 32,026 | 32,811 |
Non-financial corporations (NFCs) | 29,029 | 31,945 | 32,708 |
o/w small and medium-sized enterprises | 15,650 | 16,311 | 16,728 |
Other financial institutions | 85 | 80 | 104 |
Sole proprietors, farmers and unincorporated partnerships | 10,504 | 11,675 | 12,231 |
Individuals and private non-profit institutions | 32,583 | 36,037 | 42,619 |
o/w consumer loans | 15,344 | 16,070 | 18,257 |
o/w housing loans | 17,047 | 19,776 | 24,170 |
Figures may not add up due to rounding.
Further Information:
The next Press Release on “Statistics on loans serviced by Credit Servicing Firms (CSFs)” for the first quarter of 2022 will be published on 16 September 2022 according to the Advance release calendar published on the Bank of Greece website.
Related link:
Loans serviced by Credit Servicing Firms