One in three citizens of the country’s population is still dealing with at least one bad loan. This is 2.4 million borrowers who have 2.9 million problematic loans.
In a population of 10.4 million, these loans continue to be a burden on the economy and, although Greek banks have turned the page, millions of citizens are still reading the same chapter of the crisis.
This is the picture described by the International Monetary Fund in its report with the results of the assessment of the financial sector, confirming that the bad loans of the crisis have not disappeared, but have changed direction.
As the Fund said, servicers manage problematic exposures corresponding to 37.4% of Greek GDP and now the stability of the financial system depends not only on the banks, which have cleaned up their balance sheets, but also on the efficiency with which servicers will manage to restructure or liquidate the huge stock of private debt that they manage.
This is also confirmed by Bank of Greece data, which shows the slow reduction of private debt, with the total value of loans managed by servicers amounting to €91.5 billion (data as of the end of 2025).
