Greek Banks Plan to Increase Mortgage Loan Portfolios
Tuesday, 28 January 2014
The Greek banking system will retain its focus on housing credit in 2014 and the next year, banking officials said, as quoted by the Athens News Agency-Macedonian Press Agency.
Greek banks plan to shift their focus on lending to households with healthy finances seeking to buy new homes, from debtors facing problems whose loan schemes had to be renegotiated, the news agency said.
Banking officials said new mortgage loans totaled around 150 million euro, or around 2,500 new loans, in 2013, adding that Greek banks plan to disburse more housing loans this year. National Bank plans to boost its mortgage loans portfolio by more than 200 million euro, with other banks also planning similar projects.