Local currency lending, which accounted for 68.4% of all private lending in Romania, grew 1.2% on the month in August. Foreign currency lending grew 0.1% on the month in August when expressed in lei and declined 0.1% when expressed in euros.
Compared with August 2019, private lending in Romania grew 3.7% in nominal terms and 1% in real terms, as local currency lending grew 6.3% nominally and 3.6% in real terms. Foreign currency lending declined 1.5% on the year in August when expressed in lei and by 3.8% when expressed in euros.
Deposits of non-government resident customers stood at RON389.6 billion in August, 1.6% higher compared with July, the data showed.
Deposits grew 14% in nominal terms and 11.1% in real terms in August compared with July 2019.
Government credit grew 1.9% in August compared with July, to RON135.98 billion. Compared with August 2019, government credit grew 29.7% in nominal terms and 26.4% in real terms.