Local currency lending, which accounted for 67.2% of all private lending in Romania, increased 0.8% on the month in March and by 0.3% in real terms. Foreign currency lending grew 0.1% when expressed in lei and declined 0.2% when expressed in euros, central bank data showed Monday.
Compared with March 2019, private lending in Romania grew 6.9% in nominal terms and 3.8% in real terms, as local currency lending grew 9.2% nominally and 5.9% in real terms. Foreign currency lending grew by 2.6% when expressed in lei and by 1.3% when expressed in euros.
Deposits of non-government resident customers stood at RON375.730 billion in March, 2.2% higher compared with February, the data showed.
Deposits grew 13.6% in nominal terms and 10.2% in real terms in March compared with March 2019.
Government credit grew 10.1% in March compared with February, to RON126.263 billion. Compared with March 2019, government credit grew 22% in nominal terms and 18.4% in real terms.