Greek banks pursue growth and digital upgrades

In late July 2026 Greek banks broadened their market reach by targeting the rapidly expanding institutional asset‑management sector, which held nearly €53 billion in assets at the half‑year mark. They coupled this push with a strong promotion of new mortgage products, despite criticism that the combination of loan repayments and the ENFIA property‑tax levy could strain borrowers.

The following day, the National Bank of Greece announced a parallel strategy focused on acquisitions and a major digital transformation. Leveraging surplus capital, it outlined deals in real‑estate and bancassurance that aim to lift commission earnings and improve return on equity. Simultaneously, the bank rolled out the largest core‑banking IT project ever undertaken by a Greek lender, enhancing speed, security and cloud readiness for corporate and retail services, positioning it for further expansion.

Together, the snapshots illustrate a sector‑wide drive among Greek banks to grow fee‑based income, expand lending, and modernise technology while navigating regulatory and borrower‑risk concerns.