Local currency lending, which accounted for 70.6% of all private lending in Romania, grew 1.3% on the month in May. Foreign currency lending decreased by RON0.4 million on the month in May when expressed in lei and grew by marginal 0.1% when expressed in euros.
Compared with May 2020, private lending in Romania grew 10.1% in nominal terms and 6.1% in real terms, as local currency lending grew 15.4% nominally and 11.3% in real terms. Foreign currency lending declined 1% on the year in May when expressed in lei and by 2.5% when expressed in euros.
Deposits of non-government resident customers stood at RON435.9 billion in May, 0.6% higher compared with April, the data showed.
Deposits grew 13.7% in nominal terms and 9.5% in real terms in May compared with May 2020.
Government credit grew 1.7% in May compared with April, to RON160.879 billion. Compared with May 2020, government credit grew 18.1% in nominal terms and 13.9% in real terms.