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FX.co ★ Greece Credit Growth at Over 1-1/2-Year Low

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typeContent_19130:::2026-06-02T10:44:11

Greece Credit Growth at Over 1-1/2-Year Low

Total credit extended to the Greek economy increased by 3.9% year-on-year in April 2026, marking the smallest annual rise since September 2024, after a revised 4.5% increase in March. Credit growth to the private sector slowed to 6.8%, down from 7.7% in the previous month. On a monthly basis, the net flow of credit turned negative, amounting to €1,216 million, compared with a positive net flow of €2,409 million in March.

Meanwhile, credit to the general government declined by 0.7% in April, following a 0.8% drop in the prior month. The monthly net flow of bank credit to the general government remained positive at €135 million, though significantly lower than the €1,124 million recorded in the previous month.

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