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Romania's bank lending growth slows down in March

Apr 24, 2024, 1:43:50 PMArticle by Razvan Timpescu
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April 24 (SeeNews) - Romanian banks’ outstanding loans to the non-government sector grew 4.7% year-on-year in March, to 387.9 billion lei ($83.3 billion/77.9 billion euro), after a 4.9% annual rise in February, the central bank said.

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

Private lending in lei rose 6.4% on the year to 263.7 billion lei in March, after growing 5.5% in February, the central bank, BNR, said in a statement on Wednesday.

Private lending in foreign currency increased 1.1% on the year to 120.6 billion lei in March, as compared to a 3.7% rise the month before.

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

March, mln lei March y/y Feb y/y
Private lending (total) 387,979.8 +4.7 +5.7
Private lending in lei 267,310.2 +6.4 +5.0
-individuals 155,769.2 +6.3 +4.4
-companies 111,541.0 +6.6 +5.8
Private lending in foreign currency 120,669.6 +1.1 +7.1
-individuals 20,259.5 -15.4 -13.2
-companies 100,410.1 +0.9 +12.7

Source: BNR

(1 euro=4.97629)

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