Local currency lending, which accounted for 71.1% of all private lending in Romania, grew 2.1% on the month in May. Foreign currency lending, which accounted for 28.9% of the total nongovernmental lending, decreased by 0.5% (or 0.6% when expressed in euros).
Compared with June 2020, private lending in Romania grew 11.2% in nominal terms, as local currency loans increased by 16.6% and foreign currency lending when expressed in lei shrank by 0.3%. It grew by 7% in real terms.
Deposits of non-government resident customers stood at RON438 billion in June, 0.5% higher compared with May and by 14.7% (10.3% in real terms) higher compared with June 2020, the data showed.
Government credit decreased by 0.9% to RON159.4 billion in June compared with May. It went up 21.3% (16.7% in real terms) compared with June 2020.
(English version by Loredana Fratila-Cristescu)