As of the end of April 2025, total loans reached EUR 5.03 billion, reflecting a 15% increase compared to the same timeframe last year. This rise in loans coincided with a drop in non-performing loans and active interest rates, with the share of non-performing loans (NPL) in total loans being 2.99% at the end of April 2025, down by 1.76 percentage points from April last year.

This information was released following a session of the Financial Stability Council, which noted that the average weighted active interest rate was at 6.37 percent, down by 0.27 percentage points from the previous year.

“The Council determined that the banking sector’s exposure to systemic risks is moderate, albeit with a slight increase in cyclical risks, particularly those related to escalating real estate prices, which are nearing historically high levels. These risks require close monitoring in the upcoming period,” the statement indicated.

The Council also reviewed the Financial Stability Information for the first quarter of 2025.

“Data from the first quarter shows a deceleration in growth rates within the construction and retail sectors, while declines were noted in industrial production and transportation. During Q1 2025, tourist arrivals rose by 4.4%, but overnight stays saw a decrease of 9.9%,” was reported after the session.

The insurance sector experienced an 8.21% increase in gross written premiums for the first four months of 2025, compared to the same period a year prior.

It was concluded that financial stability was maintained over the past year, with systemic risks remaining at a predominantly moderate level despite global geopolitical tensions and challenges from the international landscape.

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