The Bank of Greece announced today (19 June 2026) a marginal decline in the value of non-performing loans (NPLs) managed by Servicers — specialized financial entities known as Loan and Credit Claims Management Companies (LCMCs). According to the central bank’s data, the total nominal value of NPLs under management stood at €79.5 billion in the first quarter of 2026, down from €79.7 billion in the previous quarter.
Background on Servicers
These loans have been transferred from Greek banks to external, specialized financial institutions — primarily based abroad — as part of ongoing efforts to clean up bank balance sheets.
Breakdown by Sector
The nominal value of NPLs related to corporate lending fell to €27.8 billion at the end of Q1 2026, from €27.869 billion at the end of Q4 2025.
More specifically, NPLs extended to non-financial corporations (NFCs) declined by €40 million, reaching €27.798 billion. Of this amount, €9.648 billion relates to loans granted to small and medium-sized enterprises (SMEs).
NPLs to other financial institutions dropped sharply to just €1 million by the end of Q1 2026.
Loans to self-employed professionals, farmers, and sole proprietorships decreased by €35 million compared to the previous quarter, settling at €10.093 billion.
NPLs to households and private non-profit institutions fell by €13 million to €41.702 billion. Within this category, consumer loans rose by €45 million to €16.242 billion, while mortgage loans declined by €50 million to €25.133 billion.