In the third quarter of 2024, the nominal value of loans to the domestic private sector serviced by domestic credit servicing firms (CSFs) that have been transferred to non-resident specialized financial institutions increased by 1.012 billion euros, according to the latest figures released by the Bank of Greece.

The total value of loans serviced by domestic and foreign CSFs increased to €70.78 billion at the end of the second quarter of 2024, from €69.79 million in the previous quarter.

The nominal value of serviced corporate loans increased to €23.15 billion in the third quarter of the year, from €22.79 billion the previous quarter.

In further detail, the nominal value of loans to non-financial corporations (NFCs) increased by €367 million to €23.12 billion at the end of the third quarter.

Out of the total of these loans to NFCs, an amount of €11.1 billion corresponds to loans to small and medium-sized enterprises (SMEs).

The nominal value of loans to other financial institutions serviced by CSFs increased by €1 million at the end of the third quarter of 2024.

Original Story: Ekathimerini
Edition: Prime Yield