In real terms, private lending shrank 0.1% compared with April 2023.
Compared with March 2024, private lending increased 0.9% (0.8% in real terms) in April 2024.
Local currency lending, accounting for 68.7% of the total private lending, increased by 0.7% to RON269 billion compared with April 2023, while the foreign currency lending expressed in lei increased by 1.4% (1.3% in real terms) to RON122 billion.
Out of the local currency lending, household loans increased 8.2% to RON157 billion in April 2024 compared with April 2023, while loans contracted by companies increased by 6% to RON111 billion.
Out of the foreign currency lending, household loans shrank by 16% to RON19 billion and the loans taken by companies increased by 7.4% to RON102 billion.
Government credit increased by 4.2% to RON225 billion in April 2024 compared with March 2024 and increased by 26.2% (19.1% in real terms) compared with April 2023.
Deposits of non-government resident customers inched up 0.9% to RON589 billion in April 2024 compared with March 2024, and increased by 11.9% (5.6% in real terms) compared with April 2023.
Residents’ leu-denominated deposits, accounting for 70.6%, grew by 1.2% to RON416 billion in April 2024 compared with March 2024 and by 16.4% (9.9% in real terms) compared with April 2023.
Residents’ deposits denominated in foreign currency inched up 0.4% when expressed in lei to RON173 billion (and 0.3% when expressed in euros to EUR34 billion) at the end of April compared with March.
(English version by Loredana Fratila-Cristescu)