Romanians took out 0.91 billion leu worth of new mortgage loans in lei in June, the lowest volume in the first half, after having borrowed more than RON1 billion in each of the previous five months. The mortgage loans in June were lower by 17% than in June 2019, when they stood at RON1.1 billion.
June was the first month of decline in the first half compared with the year-ago period. New mortgage loans in lei increased in March-May compared with the corresponding months of 2019, despite the lockdown. Consumer lending in lei plunged in April and May and was some 60% lower than in the year-ago months. It rebounded in June but was still about 25% lower than in June 2019.
(English version by Loredana Fratila-Cristescu)