Private loans in Romanian lei declined 0.3% on the month, but foreign currency loans increased 1% when expressed in lei. When expressed in euros, however, foreign currency lending declined by EUR9.7 million.
Compared with March 2012, non-government lending fell 5.2% in real terms, the data showed. Loans in Romanian lei decreased 1.8% on the year in March, while forex loans were down 2.3% when expressed in lei and 3.1% when expressed in euros.
Deposits of non-government resident customers increased 2.7%n the month to RON200.8 billion in March.
End-March, government credit reached RON73.17 billion, down 14.1% in real terms from the year-earlier month. (EUR1=RON4.3555)