Local currency lending grew 0.4% (0.1% in real terms) on the month in December, while foreign currency lending dropped 1.1% when expressed in lei and by 1.6% when expressed in euros.
Compared with December 2015, private lending in Romania grew 1.2% (1.8% in real terms), as local currency lending grew 14.3% (15% in real terms), and foreign currency lending dropped by 12.2% when expressed in lei and by 12.5% when expressed in euros.
Deposits of non-government resident customers stood at RON274.2 billion in December, 4.2% higher than in November, the data showed.
Government credit decreased 0.3% in December compared with November, to RON93.27 billion. Compared with December 2015, government credit increased 4.1% (4.6% in real terms).