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September 30, 2022

Corporate and household loans up by 2 pc in July

Non-governmental loans grew by 2 per cent to RON 231.564 bln, RON-denominated loans growing by 1 per cent and forex-denominated loans by 2.5 per cent, the National Bank of Romania (BNR) data shows. “On July 31, 2012, non-governmental loans registered a growth of 7.2 per cent (4.1 per cent in real terms) compared to July 31, 2011, on account of the 4.1 per cent hike (1 per cent in real terms) in RON-denominated loans and of the 9 per cent hike in forex-denominated loans (expres­sed in EUR, forex-denominated loans grew by 1.2 per cent),” BNR shows in a communiqué. RON-denominated corporate loans registered a 1.7 per cent month-on-month growth in July, to RON 48.926 bln, and a 9.7 per cent year-on-year growth. Forex-deno­minated household loans totaled RON 72.93 bln, up by 2.7 per cent month-on-month and 8.2 per cent year-on-year. Forex-denomi­na­ted corporate loans totaled RON 75.357 bln, up by 2.4 per cent month-on-month and 9.8 per cent year-on-year. Government loans dropped by 2.2 per cent in July to RON 78.85 bln. House­hold and corporate deposits totaled RON 194.733 bln in July, up by 1.9 per cent month-on-month and by 9.9 per cent year-on-year. Forex-denominated household deposits expressed in RON grew by 12.6 per cent in July compared to the same period last year, to RON 45.199 bln, and by 4 per cent compared to the month before. Corporate deposits totaled RON 22.806 bln, growing by 10.6 per cent year-on-year and by 5.2 per cent.

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