Greek banks emerge as the absolute protagonists of Greek ship finance

Bank ship finance for Greek shipping recorded a very impressive leap with Greek banks emerging in 2025 as the absolute protagonists of the market.

The latest report of Petrofin Research shows that the bank ship finance for Greek shipping increased from 5% in 2024 to 11.5%, bringing the overall Greek loans (both drawn and committed but undrawn) booked both in Greece and worldwide to a total of $59,687.69m as of end 2025. This was the second consecutive year of growth, from $53,510.88m in 2024, according to Petrofin Research latest report.

According to Petrofin Bank Research, Greek ship finance grew by 11.5% in 2025 from $54.5bn to 59.7bn with the Petrofin Index jumping from 324 in 2024 to 361 as of year-end 2025.

Greek banks were the standout performers, which not only occupied the top 3 places among all lenders to Greek owners, but also recorded a growth from $18.6bn in 2024