The four major Greek banks are operating with strong liquidity and capital reserves, providing them the capacity for further organic and inorganic growth (through acquisitions), as well as high distributions to their shareholders. In terms of liquidity, Greek banks rank among the top five countries with the highest liquidity coverage ratio (LCR), with the average ratio standing at 205%, compared to 156.25% for European banks. Notably, deposits in Greek banks have returned to their highest levels in almost 15 years, accounting for 89% of bank funding.
Read: Greek banks prove resilient – Successfully pass stress tests
Piraeus Bank
At Piraeus Bank, customer deposits reached €62.9 billion at the end of June 2025, up 2% quarterly and 5% annually. Overall, the group’s diversified and stable deposit structure represents a key advantage, with deposits from the broad retail base and small businesses accounting for 51% of total deposits. The group’s liquidity coverage ratio (LCR) stood at 206% at the end of June 2025, while its strong liquidity profile is also reflected in the net loans to deposits ratio, which reached 67%.
National Bank
At National Bank group, deposits increased by €1.2 billion year-on-year to €59.2 billion in June 2025, representing approximately 94% of the group’s total net funding. In Greece, deposits reached €56.6 billion, with 80% being current and savings accounts. The increase reflects continuous inflows of savings deposits, as well as the absence in Q2 2025 of corporate client balance sheet optimization through working capital repayments, absorbing outflows from term deposits to mutual funds. National Bank’s strong liquidity profile is reflected in its liquidity coverage ratio (LCR) and loan-to-deposit ratios, which stood at 248% and 63% in June 2025, respectively.
Eurobank
At Eurobank, customer deposits increased by €1 billion in Q2 2025 (€0.9 billion in Greece and €0.1 billion abroad). Total deposit balances reached €78.2 billion, of which €43.0 billion in Greece, €23.3 billion in Cyprus and €9.4 billion in Bulgaria. The loan-to-deposit ratio stood at 66.9% and the liquidity coverage ratio at 190.5% at the end of June 2025. Capital adequacy remained at strong levels, with the total capital adequacy ratio (CAD) and common equity tier 1 CET1 ratio at 19.8% and 15.5%, respectively.
Alpha Bank
At Alpha Bank group, deposits increased by 1.9% or €0.9 billion quarterly to €51.3 billion, resulting from increased corporate deposits (+€0.8 billion) and deposits from the group’s international activities (+€0.2 billion). Year-on-year, group deposits strengthened by €3.1 billion or 6.5%. The liquidity coverage ratio reached 193% in Q2. The group’s strong liquidity is reflected in the loan-to-deposit ratio, which reached 80%.
Published in Money Pro by Parapolitika
