Local currency lending grew 1.4% (0.9% in real terms) on the month in May, while foreign currency lending declined 1.5% when expressed in lei and by 1.3% when expressed in euros, the central bank said.
Compared with May 2017, private lending in Romania grew 6.4% (0.9% in real terms), as local currency lending grew 16.1% (10.2% in real terms), and foreign currency lending dropped by 7.8% when expressed in lei and by 9.4% when expressed in euros.
Deposits of non-government resident customers stood at RON308.68 billion in May, 0.5% higher than in April, the data showed.
Government credit grew 0.4% in May compared with April, to RON101.19 billion. Compared with May 2017, government credit decreased 0.2 in nominal terms and 5.7% in real terms.