Local currency lending, which accounted for 67.2% of all private lending in Romania, increased 0.6% (+0.4% in real terms) on the month in November, while foreign currency lending declined 0.8% when expressed in lei and 1.3% when expressed in euros, the central bank said.
Compared with November 2018, private lending in Romania grew 7.2% (+3.3% in real terms), as local currency lending grew 9.7% (+5.7% in real terms), and foreign currency lending grew by 2.4% when expressed in lei and declined 0.2% when expressed in euros.
Deposits of non-government resident customers stood at RON356.61 billion in November, 1.8% higher compared with October, the data showed.
Deposits grew 9.9% (+5.9% in real terms) in November compared with November 2018.
Government credit declined by RON7.2 million in November compared with October, to RON109.968 billion. Compared with November 2018, government credit grew 5.8% in nominal terms and 2% in real terms.