Local currency lending, which accounted for 69.5% of all private lending in Romania, grew 0.8% on the month in December. Foreign currency lending declined 0.2% on the month in December when expressed in lei and by 0.1% when expressed in euros.
Compared with December 2019, private lending in Romania grew 5.5% in nominal terms and 3.4% in real terms, as local currency lending grew 8.5% nominally and 6.3% in real terms. Foreign currency lending declined 0.6% on the year in December when expressed in lei and by 2.5% when expressed in euros.
Deposits of non-government resident customers stood at RON420.794 billion in December, 2.6% higher compared with November, the data showed.
Deposits grew 14.4% in nominal terms and 12.1% in real terms in December compared with December 2019.
Government credit grew 2.6% in December compared with November, to RON145.589 billion. Compared with December 2019, government credit grew 25.3% in nominal terms and 22.7% in real terms.