Local currency lending grew 1.4% (1.1% in real terms) on the month in May, while foreign currency lending declined 0.4% when expressed in lei and declined 1.2% when expressed in euros.
Compared with May 2016, private lending in Romania grew 3.2% (2.5% in real terms), as local currency lending grew 13.3% (12.6% in real terms), and foreign currency lending dropped by 8.7% when expressed in lei and by 9.9% when expressed in euros.
Deposits of non-government resident customers stood at RON279.52 billion in May, 0.9% higher than in April, the data showed.
Government credit grew 1.4% in May compared with April, to RON101.36 billion. Compared with May 2016, government credit increased 11.5% in nominal terms and 10.8% in real terms.