Against September 2020, the volume rose by 8.6%.
IMM Invest governmental scheme stepped up corporate lending.
In terms of EUR-denominated new corporate loans, volumes increased by 23% in September against August 2021, being 2.1 times higher than the level of September 2020, to EUR293.8 million (the equivalent of RON1,45 billion).
Thus, new RON and EUR-denominated loans in September 2021 went beyond the equivalent of RON5.22 billion, up RON1.1 billion, 26.1% respectively against the year-earlier level.
In the first nine months of 2021, the volume of new RON and EUR-denominated loans revolved around RON41.4 billion, around RON10.3 billion or 27.7% higher than the level reached in the same period of 2020.
While interest rates are higher in the case of RON-denominated loans compared with EUR-denominated ones, most domestic firms lean toward the former.
The average interest rate for new RON-denominated loans slid to 3.95% in September, standing at 2.40% in the case of EUR-denominated ones.
During the entire 2020, companies took out from banks new RON and EUR-denominated loans worth RON45.6 billion, up RON2.4 billion or 5.6% against end-2019. This was the highest leve of new loans granted to companies in the past 9 years.
(English version by Catalina Apostoiu)