BNR: Non-performing loans down to 8.19 pct in August

The rate of the non-performing loans (NPLs) declined in October compared to the previous months by 0.05 percentage points to 8.19 percent, the data published by the National Bank of Romania (BNR) reveal.

As compared to August 2016, the level dropped by 2.37 percentage points.

According to the BNR, the number of individuals with over-30 days outstanding debts to banks and non-banking financial institutions increased by 1.14 percent in August compared to the previous month to 676,017.

These individuals had outstanding debts worth over 7.54 billion lei. Most part of the amount was in lei and euro currency, namely 2.79 billion lei and 3.12 billion euros. Depending on the delay category, the highest value corresponds to a deadline of over-90 days with 4.32 billion lei.

The overall value of outstanding loans granted to companies and households in August 2017 stood at 5,77 billion lei, increasing by 0.51 percent compared to the level recorded in July 2017, and the outstanding debts in foreign currency increased by 7.4 percent to 7.08 percent lei (equivalent), according to BNR.

The overall loans in lei amounted to 140.3 billion lei in August (higher by 1.3 percent over the value of the previous month), out of which 60.2 billion lei were amounts taken out by economic operators and 76.3 billion lei were loans by households.

The overall value of loans in foreign currency, in August, stood at 91.989 billion equivalent lei (lower by 0.35 percent over the value recorded in July 2017), out of which 46.08 billion lei represented amounts taken out by economic operators and 43.18 billion lei were loans by households.

Bucharest residents had, at the end of August, overdue loans worth 1.74 billion lei, and in foreign currencies, 2.77 billion lei (equivalent).

The overall loans in lei for the Bucharest area reached 49.42 billion lei, and the ones in foreign currencies 43.71 billion lei.

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