In real terms, private lending increased 2.5% compared with August 2023.
Compared with July 2024, private lending increased by 1% (0.7% in real terms) in August 2024.
Local currency lending, accounting for 69.7% of the total private lending, increased by 1.3% to RON284.1 billion compared with July 2023, while the foreign currency lending expressed in lei, accounting for 30.3%, inched up 0.3% (the same when expressed in euros).
Out of the local currency lending, household loans increased 11.1% to RON166.2 billion in August 2024 compared with August 2023, while loans contracted by companies increased by 8.5% to RON117.8 billion.
Foreign currency lending increased by 2.7% to RON123.7 billion, of which household loans shrinking by 17.4% to RON18.7 billion in August 2024 compared with August 2023 and the loans taken by companies increased by 7.4% to RON105 billion.
Government credit advanced 1.3% to RON220.3 billion in August 2024 compared with July 2024 and increased by 20.7% (14.8% in real terms) compared with August 2023.
Residents’ deposits edged 0.7% higher to RON591.5 billion in August 2024 compared with July 2024, and increased by 10.9% (5.5% in real terms) compared with August 2023.