In the first three quarters of 2025, total assets of credit institutions increased by 7.4% from the end of 2024 and stood at EUR 90.3bn.
Total loans and advances (gross amount) grew by 1.4%, driven mainly by the increase in loans to households and non-financial corporations, the sectors that continued to borrow heavily. Loans to households and non-financial corporations increased by 10.1% and 9.2%, respectively. Highly liquid assets (assets with the central bank and other demand deposits) decreased by 15.4%.
The total amount of non-performing loans and advances (hereinafter referred to as ‘NPLs’) decreased by 2.6% from the end of 2024, with their share in total loans and advances holding steady at 2.3%. The share of NPLs in the portfolio of loans to non-financial corporations and households continued to decrease, totalling 3.7% and 3.5%, respectively.
The operations of credit institutions in the first three quarters of 2025 generated EUR 1.1bn in profits, 5.9% down from the profits generated in the first three quarters of 2024. Profitability indicators decreased from the end of 2024: the return on assets (ROA) totalled 1.7% and the return on equity (ROE) 15.5%.
The key indicators of banking system capitalisation remained high, with the total capital ratio edging down to 23.1% due to the fact that risk exposure grew faster than capital. All credit institutions had total capital ratios in excess of the prescribed minimum of 8%.
Banking system liquidity measured by the liquidity coverage ratio (LCR) was high. At the end of September 2025, all credit institutions met the prescribed minimum liquidity requirement of 100%, with the average LCR standing at 217.9%.