Loans managed by servicers rise by 10.44 bln in Q3 as banks clean up balance sheets

EconomyBanking Tags: Banking, BoG, NPLs
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

In the third quarter (Q3) of 2021, loans managed by Credit Servicing Firms (CSF) stood at 72.2 billion euros, according to data released by the Bank of Greece (BoG) on Thursday.

This is a 10.44-billion-euro rise quarter-on-quarter, from 61.75 billion euros in Q2. At the end of last year, loans managed by servicers were 39.94 billion euros.

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