Last year’s decline came after a 2019 when new retail consumer and mortgage loans reached almost RON37 billion, a 13-year high.

New consumer loans in lei and euros reached almost RON19.3 billion or 56% of the total new retail loans in 2020. New consumer loans in lei and euro fell 16.8% compared with 2019, while those in lei dropped by RON4 billion or 17.4% to RON19.05 billion and those in euros went up 1.6 times to RON207.3 million equivalent.

New mortgage loans in lei and euros taken out  by consumers stood at RON15 billion 2020, an increase of 9.5% on 2019. While new mortgage loans in lei increased by  RON1.27 billion or 9.5% to almost RON14.7 billion in 2020, new mortgage loans in euros went down 2% to RON340.2 million.

(English version by Loredana fratila-Cristescu)