Banks granted 2.9 billion lei worth of new loans in lei in August, an increase of 12.9% on the year-ago month. The level is slightly lower compared with the corporate loans in July 2020, RON3.1 billion, a 12-month peak. New loans for companies stood at RON2.3 billion in June 2020, 5.4% higher than in June 2019, according to Romania’s central bank statistics.
Overall, new corporate lending in lei stood at RON19.1 billion in January-August, RON388.7 million or 2.07% higher than in the corresponding period of last year.
The average interest on new corporate loans in lei ranged from 4.48% to 6.1%, with the lowest recorded in July and the highest in February.
The interest on such loans in August was 4.82%.
New corporate loans in euros remained low, reaching almost EUR1.64 billion (RON7.9 billion) in January-August, down about 20% on the same time in 2019.
(English version by Loredana Fratila-Cristescu)