Non-government borrowing increased 3.8% Month-On-Month in June to 210.8 billion lei

Gabriela Căpăţînă (Translated by Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 26 iulie 2010

At the end of June 2010, non-government loans granted by credit institutions went up 3.8% (3.6% in real terms) from May 2010 to RON 210,808.8 million, and 6.4% YOY, the National Bank of Romania announced.

RON-denominated loans increased 0.5% (0.3% in real terms) in June, whereas foreign currency-denominated loans rose by 5.8% when expressed in RON and by 1.2% when expressed in EUR.

At the end of June 2010, non-governmental loans climbed year on year by 6.4% (2.0% in real terms), on the back of the 13.0% increase in foreign currency-denominated loans expressed in RON (when expressed in EUR, forex loans expanded by 8.8%) and the 3.0% reduction in RON-denominated loans (down 7.1% in real terms).

Government credit declined by 1.5% in June to RON 52,392 million. At end of June 2010, government credit increased 42.6% (36.6% in real terms), when compared to June 2009.

Deposits of non-government resident customers went up 1.0% MOM, reaching RON 170,082.1 million.

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