By comparison, private lending saw an annual growth rate of 11.5% in January 2023, of 10.6% in February 2023, and of 10.2% in March 2023.
In April 2023, the biggest annual increase was recorded by foreign currency loans granted to companies (non-financial institutions and non-monetary financial institutions), up 42.9% to a loan balance of RON95.3 billion. Instead, foreign currency household loans fell by 10.1% and the loan balance plunged to RON23.6 billion.
Household loans in lei increased by 3.2% in April and the total balance in banks reached RON146 billion. Instead, corporate loans inched down 0.5% to RON104.7 billion.
Government credit grew by 2.9% to RON185.5 billion in April 2023 compared to March 2023. Compared to April 2022, government credit increased by 11.7% and fell by 0.4% in real terms.
Deposits of non-government resident customers edged up 0.5% in April 2023 versus March 2023 to RON527 billion, while the annual growth rate was 9.7% (down 1.4% in real terms).
RON-denominated deposits of residents, representing 67.8% of deposits of non-government customers, picked up 1.7% to RON357 billion in April 2023 versus March. The annual growth rate was 19.3% (+7.2% in real terms).
RON-denominated household deposits increased by 2.3% to RON189 billion in April 2023 versus March 2023 and by 20% (+7.9% in real terms) year-over-year.
RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) grew by 1% (to RON167 billion) in April 2023 versus March 2023 and by 18.4% (+6.4% in real terms) year-over-year.