Local currency lending grew 0.4% (0.1% in real terms) on the month in February, while foreign currency lending declined by RON27.8 million expressed in lei and by 0.1% when expressed in euros, the central bank said.
Compared with February 2017, private lending in Romania grew 6.1% (1.4% in real terms), as local currency lending grew 15.8% (10.5% in real terms), and foreign currency lending dropped by 7% when expressed in lei and by 9.9% when expressed in euros.
Deposits of non-government resident customers stood at RON306.64 billion in February, 0.9% higher than in January and 12.9% higher than in February 2017, the data showed.
Government credit grew 3.7% in February compared with January, to RON98.41 billion. Compared with February 2017, government credit increased 2.3% in nominal terms and declined 2.3% in real terms.