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Romania's bank lending growth speeds up in Oct - table

Romania's bank lending growth speeds up in Oct - table Source: BNR

BUCHAREST (Romania), November 25 (SeeNews) - The value of Romanian banks' outstanding loans to the non-government sector grew 13.5% year-on-year to 316 billion lei ($72 billion/64 billion euro) in October, compared to a 13.4% growth in September, the central bank, BNR, said.

Private lending in lei increased by 18% on the year to 227 billion lei in October, after growing by 18.4% in September, BNR said in a statement on Wednesday.

Private lending in foreign currency rose 3.5% on the year to 89.6 billion lei in October, compared to a 2.3% rise in September.

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

Oct bln lei Oct y/y Sep y/y
Private lending (total) 316.944,8 13.5 13.4
Private lending in lei 227.343,5 18.0 18.4
- individuals 134.849,4 15.2 15.0
- companies 92.494,1 22.5 23.7
Private lending in foreign currency 89.601,3 3.5 2.3
- individuals 28.243,4 -11.8 -11.6
- companies 61.357,9 12.4 10.5

source: BNR

(1 euro=4.9490 lei)

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