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Romania's bank lending growth slows down in Feb

Mar 28, 2024, 2:06:17 PMArticle by Razvan Timpescu
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March 28 (SeeNews) - Romanian banks’ outstanding loans to the non-government sector grew 4.9% year-on-year in February, to 383.9 billion lei ($83.3 billion/77.2 billion euro), after a 5.7% annual rise in January, the central bank said.

Romania's bank lending growth slows down in Feb
License: CC0 Creative Commons

Private lending in lei rose 5.5% on the year to 263.7 billion lei in February, after growing 5% in January, the central bank, BNR, said in a statement on Tuesday.

Private lending in foreign currency increased 3.7% on the year to 120.1 billion lei in February, as compared to a 7.1% rise the month before.

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

Feb, mln lei Feb y/y Jan y/y
Private lending (total) 383,922.5 +4.9 +5.7
Private lending in lei 263,757.5 +5.5 +5.0
-individuals 153,901.5 +5.4 +4.4
-companies 109,856.0 +5.7 +5.8
Private lending in foreign currency 120,165.1 +3.7 +7.1
-individuals 20,613.8 -14.2 -13.2
-companies 99,551.3 +8.4 +12.7

Source: BNR

(1 euro=4.97328 lei)

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