The Bank of Greece has published the executive summary of its Financial Stability Review, which focuses on developments in the banking sector over 2025 and finds that Greek banks have strengthened their resilience to potential shocks. The review identifies key risks to financial stability from rising international energy prices, greater uncertainty linked to conflicts and the possibility of a sharp repricing of financial assets internationally. Greek banking groups reported profit after tax and discontinued operations of EUR 4.7 billion in 2025, up from EUR 4.2 billion in 2024, supported by higher non-interest income and lower loan loss provisions, while lower income from financial transactions and higher operating costs weighed on results. Capital adequacy remained at satisfactory levels, with the Common Equity Tier 1 ratio at 15.3% and the Total Capital Ratio at 19.7% in December 2025, and asset quality improved as the non-performing loan ratio fell to 3.3% from 3.8%, the lowest level since Greece joined the euro area. The review also includes special features on the Bank of Greece's Systemic Risk Heatmap, developments in the use of distributed ledger technology in financial markets, and implementation in Greece of the ICT third-party risk management framework under the Digital Operational Resilience Act. It notes that a prolonged conflict in the Middle East could weaken the financial position of Greek businesses and households, affect banks' portfolio quality and hinder credit growth plans.