Local currency lending, which accounted for 68.2% of all private lending in Romania, grew 1.3% on the month in July. Foreign currency lending declined 0.4% on the month in July when expressed in lei and declined 0.2% when expressed in euros.
Compared with July 2019, private lending in Romania grew 3.6% in nominal terms and 0.8% in real terms, as local currency lending grew 6.1% nominally and 3.2% in real terms. Foreign currency lending declined 1.3% on the year in July when expressed in lei and by 3.3% when expressed in euros.
Deposits of non-government resident customers stood at RON383.6 billion in July, 0.4% higher compared with June, the data showed.
Deposits grew 13.6% in nominal terms and 10.5% in real terms in July compared with July 2019.
Government credit grew 1.6% in July compared with June, to RON133.5 billion. Compared with July 2019, government credit grew 29.5% in nominal terms and 26% in real terms.