In real terms, private lending increased 1.7% compared with June 2023.
Compared with May 2024, private lending increased by 1.8% (1.6% in real terms) in June 2024.
Local currency lending, accounting for 69.1% of the total private lending, increased by 2.3% to RON277 billion compared with June 2023, while the foreign currency lending expressed in lei, accounting for 30.9%, increased by 0.8% (the same when expressed in euros) to RON123.6 billion.
Out of the local currency lending, household loans increased 9.6% to RON161.8 billion in June 2024 compared with June 2023, while loans contracted by companies increased by 7.3% to RON115.2 billion.
Out of the foreign currency lending, household loans shrank by 17.2% to RON19.3 billion in June 2024 compared with June 2023 and the loans taken by companies increased by 7.5% to RON104.2 billion.
Government credit shrank by 1.3% to RON211.5 billion in June 2024 compared with May 2024 and increased by 17.6 (12% in real terms) compared with June 2023.
Residents’ deposits shrank by 1.2% to RON585.3 billion in June 2024 compared with May 2024, and increased by 9.8% (4.6% in real terms) compared with June 2023.
(English version by Loredana Fratila-Cristescu)