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Romanian central bank: household deposits in domestic currency increased by 7.1 percent in 2013

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2014-01-27 17:02

RON-denominated household deposits added 1.1 percent to RON 80,075.0 million. At end-December 2013, household deposits in domestic currency increased by 7.1 percent (5.4 percent in real terms) against end-December 2012, said Romanian central bank in a press release.

RON-denominated corporate deposits (non-financial corporations and non-monetary financial institutions) went up 11.1 percent to RON 61,971.3 million. At end-December 2013, RON-denominated corporate deposits rose by 22.3 percent (20.5 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 0.6 percent to RON 73,604.8 million when expressed in domestic currency (when expressed in EUR, forex deposits declined by 1.6 percent to EUR 16,412.4 million).

In year-on-year comparison, residents’ forex deposits expressed in RON advanced 2.5 percent (when expressed in EUR, residents’ forex deposits climbed by 1.2 percent); household forex deposits grew by 4.7 percent when expressed in domestic currency (when expressed in EUR, household forex deposits stood 3.4 percent higher) and forex deposits of corporates (non-financial corporations and non-monetary financial institutions) dropped 1.9 percent when expressed in RON (when expressed in EUR, forex deposits of resident corporates shrank by 3.1 percent).

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