The overall non-government lending stood at 212.8 billion lei (EUR47.6 billion) at the end of May, from RON210.1 billion in April.

Private loans in Romanian lei went up 2.6% on the month in May, but foreign currency loans were down 0.2% when expressed in lei, and 0.6% when expressed in euros.

Compared with May 2014, non-government lending was down 3% in real terms. Leu lending rose 8.4% on the year in May, on the back of an 18.3% increase of household loans in real terms, but forex loans declined 10.1% when expressed in lei and 10.9% when expressed in euros.

Deposits of non-government resident customers inched down 0.2% on the month to RON228 billion in May.

End-May, government credit reached RON89.2 billion, a 12% increase in real terms from the year-earlier period.