Bank lending to Greek households grew 2.4% year on year in August 2026, little changed from 2.5% in July, according to Bank of Greece data released on 25 September 2026.
The monthly net flow of credit to households and non-profit institutions was negative, at minus €10 million. The Bank of Greece category covers all household borrowing, including housing and consumer loans.
Business lending moved faster. Net credit to companies was a positive €508 million in August, and its annual growth rate rose to 9.4% from 9.0%. Total bank financing to the private sector grew 7.1% year on year, up from 6.8% in July.
| Bank of Greece, August 2026 | Monthly flow | Annual growth | July annual growth |
|---|---|---|---|
| Households and non-profits, loans | -€10 million | 2.4% | 2.5% |
| Businesses, loans | +€508 million | 9.4% | 9.0% |
| Private sector, total financing | +€478 million | 7.1% | 6.8% |
| Household deposits | +€585 million | 3.6% | 3.9% |
Deposits also rose. Private sector deposits increased by €2.965 billion in August, with annual growth of 9.3%. Household deposits rose €585 million, but their annual growth slowed to 3.6% from 3.9%.
Business deposits accounted for most of the increase. Reports differ slightly on the figure, putting the rise at between €2.36 billion and €2.380 billion. Financing to self-employed people, farmers and sole proprietors fell by €21 million.
What it means for buyers
Credit to Greek households is growing slowly compared with lending to businesses. The figures are net flows, so they reflect repayments as well as new loans. On these numbers, the total stock of household borrowing is growing only modestly.
