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Romania's bank deposit growth steady in Jan

Feb 27, 2024, 4:58:30 PMArticle by Razvan Timpescu
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February 27 (SeeNews) - The deposits of the non-governmental sector in Romanian banks grew 11.9% year-on-year to 574.6 billion lei ($125.4 billion/115.7 billion euro) in January, following an annual increase of 11.8% in December last year, the central bank, BNR, said.

Romania's bank deposit growth steady in Jan
Monetary indicators January 2024 Source: BNR

Leu deposits increased 18.4% on the year in January, reaching 400.8 billion lei, compared to 18.9% annual growth in the previous month, BNR said in a monthly monetary statistics report last week.

Foreign currency deposits decreased 0.7% on the year to 173.8 billion lei in January, compared to a 1.8% drop in December.

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

Jan, mln lei Jan y/y Dec y/y
Total deposits 574,679.1 +11.9 +11.8
Leu deposits 400,833.7 +18.4 +18.9
-individuals 220,229.9 +22.7 +22.4
-companies 180,603.8 +13.6 +14.9
Foreign currency deposits 173,845.3 -0.7 -1.8
-individuals 120,328.4 -2.8 -3.8
-companies 53,517.0 +4.3 +3.1

Source: BNR

(1 euro=4.96679 lei)

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