Gorj (with a 176% ratio) and Iasi (with 170%) are followed by Bihor, Mehedinti and Giurgiu, all of them with a loan volume more than 50% higher than the value of sums in current accounts and deposits. Of these, Iasi “boasts” the highest volume of released loans, at RON7.4 billion. However, Iasi also attracted the highest volume of deposits, worth RON4.3 billion, according to BNR data.
Harghita and Sibiu are at the opposite end, with loans accounting for 60% and 68%, respectively, of companies’ and individuals’ deposits and current accounts.
Overall, the volume of loans released on the private segment reached RON218 billion (EUR49 billion) in late May, while sums in current accounts and deposits neared RON228 billion.
The ratio between loans and funds attracted from clients stands at 96%, , becoming sub-unitary lately as banks keep the lending tap turned off, speeding up instead the pace at which they raise resources domestically.
On recent years’ ongoing lending decline and the constant increase in deposits, clients’ savings now entirely cover loan portfolios, in the context where during the economic boom period funding lines from parent banks made a real support for domestic subsidiaries.
Bankers have succeeded in balancing up their loan and deposit portfolios, though only 11 counties, namely one quarter of the total number, register a sub-unitary loan/deposit ratio. However, the success is to a large extent due to Bucharest, where deposits and current accounts outrun the volume of released loans by RON32 billion. The loan/deposit ratio stands at 80% in Bucharest.
(English version by Catalina Apostoiu)