The non-governmental credit balance increased by 0.1 percent in January (0.7% in real terms) compared to December 2013 to RON 218.71 billion. Loans in foreign currency decreased by 0.3%, according to BNR statistics released on Tuesday.
“The balance of non-government loans granted by credit institutions increased by 0.1 percent in January (-0.7pct in real terms) compared to December 2013, reaching a value of RON 218714.5 mln. Credits in lei increased by 0.7 percent (-0.2pct in real terms), while foreign currency credits expressed in lei diminished by 0.3%)”, according to the press release.
Compared to January 2012, population and company credit dropped by 2.1 percent (3.1pct in real terms), mainly influenced by a 4.3 percent drop of the foreign currency components expressed in lei (expressed in euro, a 6.8 percent drop).On the other hand, the lei component increased by 1.6 percent.
Governmental credit rose in January 2014 by 3.4% to RON 83 bln compared to December 2013, and by 8.2 percent compared to January 2013. Nongovernmental resident clients’ deposits decreased by 3.2 compared to November 2013, to RON 21.56 bln