Local currency lending, which accounted for 70.1% of all private lending in Romania, grew 2.1% on the month in March. Foreign currency lending grew 1.1% on the month in March when expressed in lei and grew a slight 0.04% when expressed in euros.
Compared with March 2020, private lending in Romania grew 6.6% in nominal terms and 3.5% in real terms, as local currency lending grew 11.3% nominally and 8% in real terms. Foreign currency lending declined 3% on the year in March when expressed in lei and by 5% when expressed in euros.
Deposits of non-government resident customers stood at RON430.9 billion in March, 0.7% higher compared with February, the data showed.
Deposits grew 14.7% in nominal terms and 11.3% in real terms in March compared with March 2020.
Government credit decreased by 0.7% in March compared with February, to RON154.397 billion. Compared with March 2020, government credit grew 22.3% in nominal terms and 18.7% in real terms.