Home Credit loans Statistics on loans managed by Credit Servicing Firms (CSF): Q2 2021

Statistics on loans managed by Credit Servicing Firms (CSF): Q2 2021

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09/16/2021 – Press releases

  • In the second quarter of 2021, the face value of loans to domestic residents served by domestic CSFs that were transferred to non-resident specialized financial institutions increased by € 18,980 million.

  • The total value of the above loan category increased to € 61,754 million at the end of the second quarter of 2021, from € 42,774 million in the previous quarter.

Business loans

The face value of business loans serviced increased to € 26,572 million in the second quarter of 2021, from € 16,782 million in the previous quarter. More specifically, the nominal value of loans to non-financial corporations (NFCs) increased by € 9,791 million to reach € 26,493 million at the end of the second quarter of 2021. Of the total of these loans to NFCs, one amount of € 14,220 million correspond to loans to small and medium-sized enterprises (SMEs).

The face value of loans to other financial institutions served by CSFs remained unchanged at € 80 million at the end of the second quarter of 2021.

Loans to Sole Proprietorships, Farmers and Unincorporated Partnerships

The face value of loans to sole proprietorships, farmers and partnerships served by CCAs increased by € 1,936 million from the previous quarter to reach € 7,474 million at the end of the second quarter of 2021 .

Loans to individuals and private non-profit institutions

The nominal amount of loans to individuals and private non-profit institutions served by CSFs increased from € 7,253 million to € 27,707 million at the end of the second quarter of 2021. More specifically, consumer loans served increased by € 1,287 million to € 13,844 million, while the corresponding home loans increased by € 5,967 million to € 13,678 million.

Table: Loans to domestic residents transferred to foreign financial institutions and managed by CSFs

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

T4 – 2020

T1 – 2021

T2 – 2021

Private sector

39, 938

42,774

61,754

Companies

14,006

16 782

26,572

Non-financial corporations (SNF)

13,908

16,702

26,493

of which small and medium-sized enterprises

8,247

8 879

14,220

Other financial institutions

97

80

80

Sole proprietors, farmers and unincorporated partnerships

6 173

5 538

7,474

Individuals and private non-profit institutions

19,759

20,454

27,707

of which consumer loans

12 221

12,557

13 844

including home loan

7 347

7 711

13,678

Figures may not add up due to rounding.

Further information:

The next press release on “Statistics on loans managed by credit service companies (CSF))‘for the third quarter of 2021 will be published on December 16, 2021 according to the Early exit schedule published on the Bank of Greece website.

Related link:

Loans managed by credit management companies


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