The National Bank of Greece reported impressive after-tax profits amounting to €1.3 billion for the year 2025, significantly aided by a major decrease of 190 basis points in reference interest rates. This financial success is attributed to robust credit expansion, with a notable double-digit increase in revenues generated from fees, alongside substantial earnings from various financial operations. The bank has effectively absorbed the challenges posed by the changing economic landscape and interest rate environment to achieve these results.

In detail, the National Bank highlighted that loan disbursements experienced substantial growth in the fourth quarter of 2025, being widely distributed across various sectors. This resulted in a strong annual increase of €3.5 billion or 10% in serviced loans during the fiscal year, exceeding its initial credit expansion target of over €2.5 billion. This surge was particularly pronounced in corporate banking, which recorded double-digit growth (+13% year-on-year), indicating a robust demand from businesses, while the retail banking sector also showed positive dynamics with a significant portion of loans directed towards small businesses (+16% year-on-year) and consumer loans increasing by 7% annually.

The report further elaborates on the rise in deposits, which have also strengthened, signifying increased trust and engagement from customers in the bank’s financial products. This dual growth in loans and deposits paints a picture of resilience and adaptability for the National Bank in the current economic climate, positioning the institution favorably for future growth amidst fluctuating interest rates and economic uncertainties.