Banking Sector Financial Highlights
Healthy banking sector, with dollarisation down
Bank loan book growth vs. nominal
GDP growth
Loan and deposit dollarisation
Nominal GDP growth, y-o-y
Bank credit growth, y-o-y
75%
Bank credit growth in constant currency terms, y-o-y
45%
70%
40%
65%
35%
60%
30%
25%
55%
20%
50%
14.9%
15%
13.7%
45%
10%
7.0%
5%
40%
0%
35%
-5%
-10%
30%
1Q14
3Q14
Source: NBG, GeoStat, BOG
1Q15
3Q15
1Q16
3Q16
1Q17
3Q17
1Q18
3Q18
༠༦༠
1Q19
3Q19
1Q20
3Q20
1Q21
3Q21
1Q22
3Q22
1Q23
3Q23E
1Q14
Source: NBG
3Q14
1Q15
3Q15
1Q16
3Q16
1Q17
3Q17
1Q18
3Q18
1Q19
3Q19
ואלת
1Q20
3Q20
3Q20
1921
IZOL
Bank loan dollarisation
Bank deposit dollarisation
Non-performing bank loans to total gross
loans in selected countries, 2022
Lithuania
Estonia
Czech Rep.
0.5%
0.8%
1.5%
Georgia
1.5%
Slovenia
1.8%
Latvia
1.8%
Slovakia
1.9%
Türkiye
2.0%
Poland
2.4%
Azerbaijan
2.6%
Romania
2.7%
North Macedonia
2.8%
50.2%
Italy
2.8%
Kazakhstan
3.4%
45.0%
Uzbekistan
3.5%
Hungary
3.9%
Croatia
Bosnia & Herz.
Bulgaria
Montenegro
Moldova
4.3%
4.5%
4.6%
6.3%
6.4%
Greece
6.5%
Source: IMF
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