Local currency lending, which accounted for 67% of all private lending in Romania, increased 0.1% on the month in February but declined by 0.1% in real terms. Foreign currency lending grew 1.3% when expressed in lei and 0.6% when expressed in euros, the central bank said.
Compared with February 2019, private lending in Romania grew 7.6% in nominal terms and 4.4% in real terms, as local currency lending grew 9.8% nominally and 6.5% in real terms. Foreign currency lending grew by 3.4% when expressed in lei and by 1.9% when expressed in euros.
Deposits of non-government resident customers stood at RON367.542 billion in February, 0.8% higher compared with January, the data showed.
Deposits grew 10.3% in nominal terms and 7% in real terms in February compared with February 2019.
Government credit decreased 3.9% in February compared with January, to RON114.699 billion. Compared with February 2019, government credit grew 13.4% in nominal terms and 10.1% in real terms.