At the end of December 2014, the total portfolio of loans granted by Romanian credit institutions to non-government customers was at 211.65 billion lei (EUR47.2 billion), from RON218.46 billion in the previous year, central bank data showed Tuesday.
Private lending in Romanian lei edged up 7.6% on the year in December, fueled by a 16.5% hike in household loans. Corporate lending in local currency went up 1.5%.
On the other hand, foreign currency loans fell by 10.6% when expressed in lei, and by 10.5% when expressed in euros, the data showed.
Compared with November 2014, non-government lending decreased by 0.8% in real terms. Loans in Romanian lei were down 0.8% on the month in December, while forex loans declined 0.9% when expressed in lei and 2.1% when expressed in euros.
Deposits of non-government resident customers increased 6.6% year-on-year to RON231.86 billion in December.
End-2014, government credit reached RON85.5 billion, up 5.4% in real terms from the year before. (EUR1=RON4.48)