The Greek banking system is in a position to further strengthen healthy entrepreneurship in all sectors and all businesses, from the smallest to the largest, supporting growth with one of the highest credit expansion rates in the eurozone, according to a statement issued by the Hellenic Bank Association (HBA).
The Chairman of the Board of Directors of the Association, Gikas Hardouvelis, and the members of the Board of Directors of the Association, hosted a working lunch for representatives of the presidencies of the Hellenic Federation of Enterprises (SEV), the Greek Tourism Confederation (SETE) and the Hellenic Association of Insurance Companies (HAIC).
The initiative underlines the strategic choice of the maximum possible mobilization and cooperation of all productive entities and social partners, assisting the efforts of the State and the business community to boost competitiveness, extroversion, investments and employment, for the benefit of the Greek economy and society.
According to the latest available data from the Bank of Greece (BoG) and the European Central Bank (ECB) in August 2025 an annual credit expansion rate of 16.1% (total financing of non-financial corporations) was recorded compared to 3% in the eurozone. In fact, the rate of credit expansion in non-financial corporations in Greece has been consistently higher than the eurozone average over the last three years.
In the eight-month period from January to August 2025, the total disbursements of business loans by the Greek banking system exceeded 20 billion euros. These funds constitute the total of new loan disbursements by domestic banks, including bank loans from the Recovery and Resilience Fund and the provision of funds by financial institutions.
