Foreign currency loans were up 7.2% when expressed in lei and 6.3% when expressed in euros. Loans in Romanian lei advanced 2.3% on the year in December.

Compared with November 2011, non-government lending was down 0.6% in real terms. Private loans in lei inched down 0.1% on the month in December, while foreign currency loans fell 0.6% when expressed in lei. However, when expressed in euros, hard currency loans were up 0.1% in December from a month earlier.

Deposits of non-government resident customers increased 3.3% on the month to RON187.3 billion in December.

End-December, government credit was at RON69.8 billion, up 10.3% in real terms from the end of 2010. (EUR1=RON4.3424)