Summary
Banks in Greece industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Greek banking industry recorded assets of $373.9 billion in 2024, representing a compound annual growth rate (CAGR) of 1.8% between 2019 and 2024.
- The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $137.4 billion, equivalent to 36.7% of the industry's overall value.
- The Greek banking industry grew by 10.6% in 2024, primarily driven by the decline in bank lending rates, which reduces borrowing costs and encourages greater credit uptake. Lower lending rates stimulate demand for personal and business loans, leading to an expansion in the bank credit segment, which directly increases the total assets held by banks. According to the European Central Bank, the bank lending rate in Greece was reduced to 5.0% in December 2024, down from 5.9% in December 2023, facilitating broader access to credit.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Greece
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Greece
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Greece banks market with five year forecasts
Reasons to Buy
- What was the size of the Greece banks market by value in 2024?
- What will be the size of the Greece banks market in 2029?
- What factors are affecting the strength of competition in the Greece banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Greece's banks market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What have been the recent M&A activities?
8 Company Profiles
8.1. Alpha Bank SA
8.2. Eurobank Ergasias Services and Holdings SA
8.3. National Bank of Greece SA
8.4. Piraeus Financial Holdings SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Greece banks industry value: $ billion, 2019-24
Table 2: Greece banks industry category segmentation: % share, by value, 2019-24
Table 3: Greece banks industry category segmentation: $ billion, 2019-24
Table 4: Greece banks industry geography segmentation: $ billion, 2024
Table 5: Greece banks industry value forecast: $ billion, 2024-29
Table 6: Greece banks industry share: % share, by value, 2024
Table 7: Alpha Bank SA: Key Facts
Table 8: Eurobank Ergasias Services and Holdings SA: Key Facts
Table 9: Eurobank Ergasias Services and Holdings SA: Annual Financial Ratios
Table 10: Eurobank Ergasias Services and Holdings SA: Key Employees
Table 11: National Bank of Greece SA: Key Facts
Table 12: National Bank of Greece SA: Annual Financial Ratios
Table 13: National Bank of Greece SA: Key Employees
Table 14: Piraeus Financial Holdings SA: Key Facts
Table 15: Piraeus Financial Holdings SA: Annual Financial Ratios
Table 16: Piraeus Financial Holdings SA: Key Employees
Table 17: Greece Size of Population (Million), 2020-24
Table 18: Greece Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 19: Greece GDP (Current Prices, $ Billion), 2020-24
Table 20: Greece Inflation, 2020-24
Table 21: Greece Consumer Price Index (Absolute), 2020-24
Table 22: Greece Exchange Rate, 2019-24
List of Figures
Figure 1: Greece banks industry value: $ billion, 2019-24
Figure 2: Greece banks industry category segmentation: $ billion, 2019-24
Figure 3: Greece banks industry geography segmentation: % share, by value, 2024
Figure 4: Greece banks industry value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the banks industry in Greece, 2024
Figure 6: Drivers of buyer power in the banks industry in Greece, 2024
Figure 7: Drivers of supplier power in the banks industry in Greece, 2024
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Greece, 2024
Figure 9: Factors influencing the threat of substitutes in the banks industry in Greece, 2024
Figure 10: Drivers of degree of rivalry in the banks industry in Greece, 2024
Figure 11: Greece banks industry share: % share, by value, 2024
