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Romania's bank deposit growth slightly slows down in Feb

Mar 28, 2024, 2:10:02 PMArticle by Razvan Timpescu
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March 28 (SeeNews) - The deposits of the non-governmental sector in Romanian banks grew 11.6% year-on-year to 582.6 billion lei ($126.4 billion/117.1 billion euro) in February, following an annual increase of 11.9% in January, the central bank, BNR, said.

Romania's bank deposit growth slightly slows down in Feb
Romania's monetary indicators February 2024 Source: BNR

Leu deposits increased 17.5% on the year in February, reaching 408.1 billion lei, compared to 18.4% annual growth in the previous month, BNR said in a monthly monetary statistics report on Tuesday.

Foreign currency deposits decreased 0.05% on the year to 174.5 billion lei in February, compared to a 0.7% drop in January.

Details follow (in millions of lei, nominal change in percent):

Feb, mln lei Feb y/y Jan y/y
Total deposits 582,655.7 +11.6 +11.9
Leu deposits 408,161.9 +17.5 +18.4
-individuals 223,584.8 +21.9 +22.7
-companies 184,577.1 +12.5 +13.6
Foreign currency deposits 174,493.7 -0.05 -0.7
-individuals 119,922.0 -2.8 -2.8
-companies 54,571.7 +6.5 +4.3

Source: BNR

(1 euro=4.97315 lei)

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