Loans in Romanian lei dropped 1.6% on the month in January. Foreign currency loans were up 0.3% when expressed in lei, but down 0.2% when expressed in euros.
Compared with January 2011, non-government lending was up 4.2% in real terms. Private loans in lei rose 2.1% on the year in January, while foreign currency loans increased 8.4% when expressed in lei. When expressed in euros, hard currency loans were up 6.2% in January from the year-earlier month.
Deposits of non-government resident customers increased 0.4% on the month to RON188.1 billion in January.
End-January, government credit was at RON73.75 billion, up 14.8% in real terms from the same month of 2011. (EUR1=RON4.3602)