Private loans in Romanian lei rose 1.2% on the month, but foreign currency loans were down 1.9% when expressed in lei and 0.7% when expressed in euros.

Compared with May 2013, non-government lending fell 3% in real terms. Loans in Romanian lei rose 6% on the year in May, but forex loans went down 7.7% when expressed in lei and 8.1% when expressed in euros.

Deposits of non-government resident customers inched 0.1% higher on the month to RON215.2 billion in May.

End-May, government credit reached RON78.7 billion, up 9.2% in real terms from the year-earlier month. (EUR1=RON4.3944)