Local currency lending grew 0.7% (0.6% in real terms) on the month in August, while foreign currency lending dropped 1.6% when expressed in lei and 1.4% when expressed in euros.
Compared with August 2015, private lending in Romania grew 0.7% (0.9% in real terms), as local currency lending grew 14.3% (14.5% in real terms), and foreign currency lending dropped 12.5% when expressed in lei and by 12.9% when expressed in euros.
Deposits of non-government resident customers stood at RON258.49 billion in August, 0.5% higher than in July and 11.8% higher than in August 2015, the data showed.
Government credit decreased 5.6% in August compared with July, to RON867.1 billion. Compared with August 2015, government credit increased 0.1% (0.3% in real terms).