Private loans in Romanian lei inched up 0.4% in real terms on the month, while foreign currency loans increased 2.5% when expressed in lei. In euros, forex lending was down 0.1% on the month.

Compared with July 2011, non-government lending rose 4.1% in real terms, the data showed. Foreign currency loans were up 9% when expressed in lei and 1.2% when expressed in euros. Loans in Romanian lei advanced 1% on the year in July.

Deposits of non-government resident customers increased 1.9% on the month to RON194.7 billion in July.

End-July, government credit reached RON78.85 billion, up 19.3% in real terms from the year-earlier month. (EUR1=RON4.487)