Local currency lending grew 1.3% (1.5% in real terms) on the month in August, while foreign currency lending declined 0.3% when expressed in lei and declined 1% when expressed in euros.
Compared with August 2016, private lending in Romania grew 6.5% (5.3% in real terms), as local currency lending grew 16.4% (15% in real terms), and foreign currency lending dropped by 5.9% when expressed in lei and by 8.7% when expressed in euros.
Deposits of non-government resident customers stood at RON284.96 billion in August, 1.6% higher than in July, the data showed.
Government credit increased 1.3% in August compared with July, to RON96.94 billion. Compared with August 2016, government credit increased 11.8% in nominal terms and 10.5% in real terms.