Romania private lending continues downward trend in May

Newsroom 26/06/2014 | 12:35

Romanian private lending went down 0.6 percent on the month in real terms to RON 216.9 billion (EUR49.4 billion) in May, due to a 1.9 percent decrease in loans in foreign currency, central bank data showed Thursday.

At the same time, lei-based loans increased by 1.2 percent, to RON 89.86 billion.

Compared to May 2013, private lending is down 2.1 percent (3 percent in real terms) on account of the lei component going up 7 percent, while loans in foreign currency are down 7.7 percent year on year, according to a press release from the central bank.

Company loans are up 0.7 percent month-on-month on the lei component, to RON 53.27 billion, and the foreign currency loans are down 1.6 percent to RON 61.96 billion.

Private deposits stagnated in May, with just a 0.1 percent increase, to RON 215.17 billion.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue