Local currency lending grew 1.3% (1% in real terms) on the month in July, while foreign currency lending declined 0.7% when expressed in lei and declined 0.8% when expressed in euros.
Compared with July 2016, private lending in Romania grew 5.5% (4% in real terms), as local currency lending grew 15.7% (14.1% in real terms), and foreign currency lending dropped by 7.2% when expressed in lei and by 9.1% when expressed in euros.
Deposits of non-government resident customers stood at RON280.42 billion in July, 0.5% higher than in June, the data showed.
Government credit decreased 1.5% in July compared with June, to RON95.668 billion. Compared with July 2016, government credit increased 4.2% in nominal terms and 2.7% in real terms.