Mortgages in Greece: commercial banks dominate market

Commercial banks hold the lion's share of mortgage balances outstanding, accounting for 84.2% of the Greek residential mortgage market in 2004 - the most recent year for which data is available. Specialized credit institutions offer mortgages to public sector employees. It is worth noting that the Post Office and Deposits and Loans Fund offer only subsidized mortgage loans to specific sections of the population.

Source: Datamonitor, "Mortgages in Greece 2006" (DMFS1871)

Source: Datamonitor, "Mortgages in Greece 2006" (DMFS1871)