Local currency lending, which accounted for 69.9% of all private lending in Romania, grew 1.2% on the month in February. Foreign currency lending declined 0.3% on the month in February both when expressed in lei and when expressed in euros.
Compared with February 2020, private lending in Romania grew 5.3% in nominal terms and 2.1% in real terms, as local currency lending grew 9.9% nominally and 6.5% in real terms. Foreign currency lending declined 3.9% on the year in February when expressed in lei and by 5.2% when expressed in euros.
Deposits of non-government resident customers stood at RON427.788 billion in February, 1.3% higher compared with January, the data showed.
Deposits grew 16.4% in nominal terms and 12.8% in real terms in February compared with February 2020.
Government credit grew 3% in February compared with January, to RON155.449 billion. Compared with February 2020, government credit grew 35.5% in nominal terms and 31.4% in real terms.