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Bucharest
May 9, 2021
BUSINESS

Broad money raised 6.1 pc, non-government loans declined by 0.9 pc



At end-October 2013, broad money amounted to RON 233,805.4 M, up 1.0 percent (0.7 percent in real terms) month on month, National Bank of Romania (BNR) informs in a press release. In year-on-year comparison, broad money rose 6.1 percent (4.1 percent in real terms). At end-October 2013, non-government loans granted by credit institutions declined by 0.9 percent (down 1.2 percent in real terms) from September 2013 to RON 221,023.3 million. RON-denominated loans increased by 0.5 percent (0.2 percent in real terms), whereas foreign currency-denominated loans fell by 1.8 percent when expressed in RON and by 1.1 percent when expressed in EUR. At end-October 2013, non-government loans decreased by 3.9 percent (down 5.7 percent in real terms) year on year, on the back of the 1.9 percent increase in RON-denominated loans (0.1 percent in real terms) and the 7.4 percent decline in foreign currency-denominated loans expressed in RON (when expressed in EUR, forex loans dropped 5.2 percent). Government credit stood 1.5 percent higher in October 2013 at RON 76,242.2 M. At end-October 2013, government credit decreased by 1.9 percent (down 3.8 percent in real terms) from the same year-ago period. Deposits of non-government resident customers went up 1.3 percent month on month to RON 207,969.9 M in October 2013.
RON-denominated household deposits added 2.0 percent to RON 78,966.5 M. At end-October 2013, household deposits in domestic currency increased by 5.3 percent (3.4 percent in real terms) against end-October 2012.
RON-denominated corporate deposits (non-financial corporations and non-monetary financial institutions) increased by 2.4 percent to RON 55,329.2 M. At end-October 2013, RON-denominated corporate deposits rose by 10.9 percent (8.9 percent in real terms) year on year. Forex-denominated deposits of resident households and corporates (non-financial corporations and non-monetary financial institutions) decreased by 0.3 percent to RON 73,674.2 M when expressed in domestic currency (when expressed in EUR, forex deposits increased by 0.3 percent to EUR 16,628.5 M). In year-on-year comparison, residents’ forex deposits expressed in RON advanced 5.1 percent (when expressed in EUR, residents’ forex deposits climbed by 7.6 percent); household forex deposits grew by 5.1 percent when expressed in domestic currency (when expressed in EUR, household forex deposits stood 7.6 percent higher) and forex deposits of corporates (non-financial corporations and non-monetary financial institutions) rose by 5.3 percent when expressed in RON (when expressed in EUR, forex deposits of resident corporates expanded by 7.8 percent).

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