The value of loan portfolios held by servicers operating in Greece, eased slightly to 70.679 billion euros at the end of 2022, the Bank of Greece said in a report.
The nominal value of loans to the domestic private sector serviced by domestic CSFs that have been transferred to non-resident specialised financial institutions, decreased by 289 million to 70.679 billion euros at the end of 2022 from 70.969 billion at the end of the third quarter of the year, the Bank of Greece said on Thursday.
The nominal value of serviced corporate loans decreased to 23.587 billion euros in the fourth quarter of 2022, from 23.679 billion in the previous quarter. In further detail, the nominal value of loans to non-financial corporations (NFCs) decreased by 93 million to 23.509 billion at the end of the fourth quarter of 2022.
Out of the total of these loans to NFCs, an amount of 12.433 billion corresponds to loans to small and medium-sized enterprises (SMEs). The nominal value of loans to other financial institutions serviced by CSFs remained almost unchanged at 78 million at the end of the fourth quarter of 2022.
The nominal value of loans to sole proprietors, farmers and unincorporated partnerships serviced by CSFs decreased by 273 million from the previous quarter to 9.665 billion euros at the end of the fourth quarter of 2022.
The nominal value of loans to individuals and private non-profit institutions serviced by CSFs increased by 77 million to 37.428 billion euros at the end of the fourth quarter of 2022. In further detail, consumer loans serviced increased by 31 million to 15.854 billion, while the corresponding housing loans increased by 46 million to 21.386 billion.