Division (6)

Growth rate of gross loans for the Greek banking activities: The growth rate of the gross loans shall not be higher than the growth rate of the market as reported by the Bank of Greece, unless the market growth rate is below the Commission’s projections (see Appendix) on which the restructuring plan is based. In such case, the loan growth cap can be revised, taking into account macroeconomic conditions and competition in the Greek banking sector. That Commitment shall be monitored on a yearly basis.