Private lending in Romania grew by 15.8% on the year in April 2022 and by 15.7% on the year in March 2022.
At end-May 2022, RON-denominated loans totaled RON251 billion, with household loans amounting to RON143.4 billion, 14.4% more than in the same period of 2021, and RON-denominated corporate loans stood at RON107.5 billion, 28.4% above the May 2021 level.
Compared to April 2022, private lending grew by 1.6% (0.4% in real terms) in May 2022. Local currency lending, which accounted for 72.7% of the total non-government lending, grew by 1.7%, and foreign currency lending expressed in lei, which accounted for 27.3% of the total non-government lending, grew by 1.2% (1.3% when expressed in euros).
Government credit inched down 0.9% in May 2022 compared to April 2022, down to RON163.6 billion. Compared to May 2021, government credit grew by 1.7% in nominal terms and fell by 11.2% in real terms, data also shows.
Deposits of non-government resident customers edged up 0.1% to RON481 billion in May 2022 compared to April 2022, and grew by 10.4% in nominal terms (-3.6% in real terms) compared to May 2021, the data showed.
Deposits of resident customers, which accounted for 62.7% of all deposits of non-government resident customers, inched up 0.5% in May 2022 compared to April 2022, up to RON301 billion. Compared to May 2021, deposits of resident customers advanced by 6.2% (-7.2% in real terms).