In real terms, private lending grew by 6.7% on the year in January-September 2021, as local currency lending increased by 11.4% and foreign currency lending by 0.7% when expressed in euros.
At end-September 2021, local currency lending stood at RON225.2 billion, of which household lending represents RON133.7 billion, 18.4% higher than in the same period in 2020, and corporate lending reached RON91.5 billion, 23.7% higher than in September 2020.
Compared to August 2021, private lending increased by 1.6% in nominal terms and by 0.7% in real terms in September 2021.
Local currency lending, which accounted for 71.6% of all private lending in Romania, grew 2.1% on the month in September 2021. Foreign currency lending, which accounted for 28.4% of the total nongovernmental lending, increased by 0.4% on the month in September, when expressed in lei, and by 0.1% when expressed in euros.
Deposits of non-government resident customers stood at RON452.4 billion in September 2021, 0.6% higher compared to August 2021, and 13.9% higher in nominal terms (+7.2% in real terms) compared to September 2020, the data showed.
Government credit grew 1.4% in September 2021 compared to August 2021, up to RON162.6 billion. Compared to September 2020, government credit grew 21.2% in nominal terms and 14% in real terms.