Local currency lending grew 0.6% (declined 0.6% in real terms) on the month in October, while foreign currency lending declined 0.2% when expressed in lei and 0.1% when expressed in euros.
Compared with October 2016, private lending in Romania grew 6.7% (4% in real terms), as local currency lending grew 16.5% (13.5% in real terms), and foreign currency lending dropped by 5.9% when expressed in lei and by 7.8% when expressed in euros.
Deposits of non-government resident customers stood at RON291.1 billion in October, 1.7% higher than in September, the data showed.
Government credit increased 1.2% in October compared with September, to RON98.43 billion. Compared with October 2016, government credit increased 7.1% in nominal terms and 4.3% in real terms.