Private loans in Romanian lei declined 1.5% on the month, while foreign currency loans were down 1.7% when expressed in lei. Expressed in euros, foreign currency lending inched down 0.6% on the month.

Compared with January 2012, non-government lending fell 5.3% in real terms, the data showed. Loans in Romanian lei decreased 1.1% on the year in January, while forex loans were down 2.2% when expressed in lei and 3.1% when expressed in euros.

Deposits of non-government resident customers inched down 0.8% on the month to RON195.8 billion in January.

End-January, government credit reached RON76.7 billion, down 1.6% in real terms from the year-earlier month. (EUR1=RON4.378)