Local currency lending declined 0.3% on the month in January (0.5% in real terms), while foreign currency lending dropped 1.1% when expressed in lei and fell 1.3% when expressed in euros.

Compared with January 2015, private lending in Romania grew 2.8% in Nominal terms and 5% in real terms, as local currency loans grew 20.1% (22.7% in real terms) and foreign currency loans declined 10.6% when expressed in lei and 12.4% when expressed in euros.

Government credit declined 1.1% in January compared with December, to around RON88.65 billion, but grew 2.1% (4.3% in real terms) compared with January 2015.

Deposits of non-government resident customers decreased 1.2% in January compared with December, to RON250.49 billion.