Banks’ funding in 2024 on business loans, including co-financed programs and resources of the RRF and Consumer Credit and Consumer Beliefs, moved in 2024 at 2024 both in business loans.

Specifically, according to data released by EET, credit expansion in Greece is high and significantly stronger than the rest of Europe, while competition between banks is intensified, both through the gradual differentiation of the four systemic banks and the appearance. New players as well as Neo Banks, active in the digital space.

Presenting EET representatives the current image of the Greek banking system, in detail, based on the official EET statistics and the BoG and SSM reports, referred to the positive credit expansion of 2024 to business loans, including co -financed programs and programs Resources of the RRF Recovery Fund. They also referred to the improvement of 2024 compared to 2023 in housing and consumer faith.

In terms of new disbursements there was a 31.4% increase in housing and 18.9% in consumer faith. However, because repayments of older mortgages were more than the disbursements of new 2024 mortgages, credit expansion is recorded as negative by -2.7% in mortgage in November 2024 compared to November 2023. In net funding to the non -financial private sector (non -financial enterprises and households), from the end of 2019 to November 2024, which increased by € 21.8 billion (data from the Bank of Greece).

The “x -ray” of credit expansion

Retail Banking-Revolution 2024 compared to the year 2023 in terms of real disbursements.

Specifically noted:

1. 31.4% increase in housing loyalty (26% of all real disbursements of 2024 were in the “My House” program)

2. Increase 18.9% in consumer belief

3. 22.2% in business loyalty (SBS with turnover of up to 2.5m euros), and

4. Increase 24.2% in total.

Compared to 2023, the number of requests in 2024 increased by 4.1% and the number of real disbursements by 0.2%.

TAA-Katanomi resources of the Recovery and Resilience Fund for individual 5 pillars

Total budget of contracting projects: 13.5 billion euros, of which:

• RRF funds: 6 billion euros

• Bank funds: 4.4 billion euros

• Same Participation: 3.1 billion euros

TAA-Katanomi resources of the Recovery and Resilience Fund for individual 5 pillars

1. Green pillar: 50% – RES (mainly photovoltaic and wind, and very few hydroelectric) but also (small amount) for electric car purchases from lease companies

2. Digital Pillar: 22% – Telecommunications, Fiber Optics, 5G, General Digitized Investments

3. Extraversion Pylon: 26% – Tourism and in particular hotels (establishment of new hotel units, extensions, renovations) and small percentage of export businesses

4. Pillar Innovation Research & Development: About 1%

5. Pillar Development of Economies of Scale (partnerships, acquisitions, and mergers): 0%

Other funding 2024

Hellenic Development Bank programs (EAT): 599 million euros

European Investment Bank programs: EUR 1,062 billion

European Bank for Restructuring & Development (EBRD) programs: EUR 117 million

European Investment Fund (EIF) programs: 1,907 billion euros

Other bank funding (except housing and consumer credit): 31.806 billion euros

TOTAL: 35,491 billion euros

Credit Extension 2024

1. Total of private sector +10%

2. Non -Financial Businesses +15.8%

3. Freelancers, farmers and individual businesses +0.5%

4. Housing loans to individuals: -2.7%

5. Consumer loans to individuals +6%

*(%) 12 -month change between November 2024 – November 2023 Source: Bank of Greece, bank funding and deposits: November 2024, 2/1/2025

As EET President Gikas Chardouvelis pointed out, the Greek banking system has shown enormous strengths and durability and today is leading the economic life of the country, actively participating in supporting entrepreneurship and society. Its performance in liquidity, capital adequacy and efficiency is stable from the highest in Europe. And they return these good performance to society with important corporate social responsibility projects. As he said only in the last five years, the Greek banking system has provided support to large social groups (vulnerable borrowers, floating interest rates) and has assisted, through a wide corporate social responsibility program to improve our fellow citizens’ access to health, education, education , culture as well as in the treatment of natural disasters with amounts exceeding 400 million euros. They recently took the initiative to support the modernization of about 630 school structures, as well as the operation of the borrowers’ acquisition body with the extra 200m euros.