Statistics on Loans Serviced by Credit Service Firms (CSFs): Q4 2021

03/16/2022 – Press releases

-In the fourth quarter of 2021, the nominal value of domestic private sector loans serviced by domestic CSFs and transferred to non-resident specialized financial institutions increased by €7,538 million.

-The total value of the above category of loans increased from €72,200 million in the previous quarter to €79,738 million at the end of the fourth quarter of 2021.

corporate loan

The notional value of serviced corporate loans increased to 32,026 million euros in the fourth quarter of 2021, compared to 29,114 million euros in the previous quarter. More specifically, the nominal value of loans to non-financial corporations (NFC) increased by €2,916 million to €31,945 million at the end of the fourth quarter of 2021. Of the total of these loans to non-financial corporations, an amount of €16,311 million corresponded to loans to small and medium-sized enterprises (SMEs).

The nominal value of loans to other financial institutions serviced by CSFs decreased by 5 million euros to 80 million euros at the end of the fourth quarter of 2021.

Loans to sole traders, farmers and unincorporated partnerships

The notional amount of loans to sole traders, farmers and unincorporated partnerships serviced by CSFs increased by €1,171 million sequentially to €11,675 million at the end of Q4 2021.

Loans to individuals and private non-profit organizations

The nominal value of loans to individuals and private non-profits serviced by CSF increased by €3,454 million to €36,037 million at the end of the fourth quarter of 2021. More specifically, consumer loans serviced increased by €726 million to €16,070 million, while the corresponding home loans increased by €2,729 million to €19,776 million.

Table: Loans to residents transferred to FFIs and serviced by CSFs

(Nominal value, quarter-end data, in millions of euros)

Q2 – 2021

Q3 2021

Q4 – 2021

Private sector

61,754

72,200

79,738

company

26,572

29.114

32,026

Non-Financial Corporations (NFCs)

26,493

29,029

31,945

o/w small and medium-sized companies

14,220

15,650

16,311

Other Financial Institutions

80

85

80

Individual entrepreneurs, farmers and partnerships

7,474

10,504

11,675

Individuals and private non-profit organizations

27,707

32,583

36,037

o/w consumer credit

13,844

15,344

16,070

o/w home loan

13,678

17,047

19,776

Numbers may not add up due to rounding.

Further information:

The next press release related to “Statistics on Loans Serviced by Credit Service Providers (CSFs).)” for the first quarter of 2022 will be released on June 16, 2022 Pre-release calendar published on the Bank of Greece website.

Related link:

Loans managed by loan service companies

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