Local currency lending grew 0.5% (0.7% in real terms) on the month in July, while while foreign currency lending declined 2% when expressed in lei and 0.8% when expressed in euros.
Compared with July 2015, private lending in Romania grew 1.8% (2.6% in real terms), as local currency lending grew 15.7% (16.6% in real terms). Foreign currency lending declined 11.4% on the year when expressed in lei and 12.6% when expressed in euros.
Deposits of non-government resident customers stood at RON257.1 billion in July, down 0.9% on the month and up 12.2% compared with July 2015.
Government credit increased 0.9% on the month in July, to RON91.83 billion. Compared with July 2015, government credit was up 7.4% (8.3% in real terms), the data showed.