Local currency lending grew 0.1% (declined 0.2% in real terms) on the month in December, while foreign currency lending declined 3.9% when expressed in lei and 4.2% when expressed in euros.
Compared with December 2016, private lending in Romania grew 5.6% (2.2% in real terms), as local currency lending grew 15.8% (12.1% in real terms), and foreign currency lending dropped by 8.1% when expressed in lei and by 10.5% when expressed in euros.
Deposits of non-government resident customers stood at RON302.819 billion in December, 3.3% higher than in November, the data showed.
Government credit declined 0.4% in December compared with November, to RON98.349 billion. Compared with December 2016, government credit increased 5.5% in nominal terms and 2.1% in real terms.