The annual growth of total credit extended to the Greek economy stood at 3.5% in August 2026, unchanged from the previous month. Bank lending remained negative at €38 million, although this represented a partial recovery from last month’s sharply negative net flow of €3.89 billion. The improvement was driven by higher lending to the private sector, which rebounded to a net inflow of €478 million from a €2.52 billion net outflow in the previous month, although the pace of decline quickened to 2.4% from 2%. Meanwhile, credit to the general government partially recovered to a net outflow of €516 million from €1.37 billion in the previous month, while annual growth accelerated to 7.1% from 6.7%. source: Bank of Greece
The value of loans in Greece increased 3.50 percent in August of 2026 over the same month in the previous year. Loan Growth in Greece averaged 4.96 percent from 2004 until 2026, reaching an all time high of 21.20 percent in May of 2006 and a record low of -7.90 percent in October of 2013. This page provides the latest reported value for - Greece Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Total Credit YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
The value of loans in Greece increased 3.50 percent in August of 2026 over the same month in the previous year. Loan Growth in Greece is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Total Credit YoY is projected to trend around 2.60 percent in 2027 and 3.00 percent in 2028, according to our econometric models.