Private loans in Romanian lei increased by 1.1% in real terms on the month in July, while foreign currency-denominated loans declined 3.2% when expressed in lei and by 1.8% when expressed in euros.
Compared with July 2014, non-government lending declined 0.7%. Leu-denominated loans rose 13.4% on the year in July, driven by a 26.5% rise in household lending, but foreign currency loans dropped 11.2%.
Deposits of non-government resident customers went down 0.7% in July compared to June, to RON229.2 billion.
At the end of July, government credit amounted to RON85.4 billion, a 2.6% decline compared to June and an 8.1% increase in real terms compared to July 2014.