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Loans granted by Romanian credit institutions increased by 1.9 percent

Autor: Bancherul.ro
2015-12-29 12:02

At end-November 2015, non-government loans granted by Romanian credit institutions increased by 1.9 percent (1.6 percent in real terms) from October 2015 to RON 218,507.1 million, said Romanian National Bank (BNR) in a statement.


RON-denominated loans climbed by 2.2 percent (1.9 percent in real terms), whereas foreign currency-denominated loans rose by 1.6 percent when expressed in RON and by 1.3 when expressed in EUR.


At end-November 2015, non-government loans inched up 2.3 percent (3.4 percent in real terms) year on year, on the back of the 18.7 percent increase in RON-denominated loans (20.1 percent in real terms) and the 10.6 percent decline in foreign currency-denominated loans expressed in RON (when expressed in EUR, forex loans dropped 11.0 percent).


Government credit stood 2.4 percent higher in November 2015 at RON 86,438.2 million. At end-November 2015, government credit increased by 4.9 percent (6.1 percent in real terms) from the same year-ago period.