Loans granted in January-April 2020 amounted to RON25.7 billion, the data showed.
New lending activity in 2021 was mainly driven by financing to corporations, which accounted for 56% of the total in the first four months. Consumer loans totaled RON15 billion in the first four months, while corporate loans stood at nearly RON19 billion.
The volume of new lending in January-April accounted for over 11% of all private lending, which is calculated as the difference between total consumer and corporate loans and partial and full repayments, as well as credit sales.
Lending remained on an upward trend in May, as private lending grew 10.1% in annual terms, to RON296 billion, the fastest growth rate since the onset of the pandemic.
Loans in local currency accounted for 81.75% of new loans, followed by loans in euros – 16.65%, and in US dollars – 1.60%.
Consumer loans were 99.2% in local currency, while corporate loans were 67.7% in lei, 29% in euros and the rest in US dollars.