Private loans in Romanian lei were down 0.6% on the month, while foreign currency loans dropped 0.3% when expressed in lei. Expressed in euros, foreign currency lending was down 0.4% on the month.

Compared with October 2011, non-government lending fell 0.8% in real terms, the data showed. Loans in Romanian lei decreased 0.2% on the year in October. Foreign currency loans were up 3.8% on the year when expressed in lei, but down 1.1% when expressed in euros.

Deposits of non-government resident customers edged up 0.4% on the month to RON194.9 billion in October.

End-October, government credit reached RON77.7 billion, up 17% in real terms from the year-earlier month. (EUR1=RON4.536)