In real terms, local currency lending grew by 10.6% year-over-year in December 2021 and foreign currency lending expressed in euros increased by 2.2%.
Overall, local currency lending increased to RON234 billion and foreign currency lending to RON89.3 billion.
Compared to November 2021, private lending grew by 0.7% (-0.01% in real terms) in December 2021. Local currency lending grew by 1.3% and foreign currency lending expressed in lei, which accounted for 27.6% of the total non-governmental lending, dropped by 1% (a similar evolution when expressed in euros).
Corporate lending in lei saw the biggest annual growth rate, of 26%, to RON98 billion, while foreign currency corporate lending expressed in lei grew by 12.8% to RON61 billion. Household lending climbed 15.3% to RON136 billion in December 2021.
Government credit advanced 9% in December 2021 compared to November 2021, up to RON172.6 billion. Compared to December 2020, government credit grew by 18.6% in nominal terms and by 9.6% in real terms.
Deposits of non-government resident customers stood at RON479 billion in December 2021, 3.6% higher compared to November 2021, and 13.9% higher in nominal terms (+5.3% in real terms) compared to December 2020, the data showed.
Deposits of resident customers, which accounted for 65% of all deposits of non-government resident customers, grew by 4.6% in December 2021 compared to November 2021, up to RON311 billion, and rose by 13.5% in nominal terms (4.9% in real terms) compared to December 2020.