Local currency lending grew 19.3% (23.6% in real terms) on the year in May, while foreign currency lending declined 12.2% when expressed in lei and 13.6% when expressed in euros.
Compared with April, private lending increased 0.7% (0.4% in real terms), as local currency lending increased 1.6% (1.3% in real terms). Foreign currency lending declined 0.4% on the month in May when expressed in lei and 1.1% when expressed in euros.
Deposits of non-government resident customers stood at RON256 billion at the end of May, up 1.9% compared with April and up 12.4% compared iwth May last year, the data showed.
Government credit decreased 1.4% on the month in May, to RON90.9 billion. Compared with May 2015, government credit was up 1.9% (5.6% in real terms).