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Romania’s lending growth speeds up in May- table

Romania’s lending growth speeds up in May- table Source: BNR

BUCHAREST (Romania), June 27 (SeeNews) - The value of Romanian banks’ outstanding loans to the non-government sector grew 16.5% year-on-year in May to 345 billion lei ($74 billion/ 70 billion euro), compared to a 15.8% rise in April, the central bank, BNR, said on Monday.

Private lending increased 20% on the year to 251 billion lei in May, after growing 19.6% in April, BNR said in a statement.

Private lending in foreign currency rose 8.2% on the year to 94 billion lei in May, compared to a 6.8% rise in April.

Details follow (in billions of lei, nominal change in percent):

May, bln lei May y/y Apr y/y
Private lending (total) 345.274,0 16.5 15.8
Private lending in lei 251.036,6 20.0 19.6
- individuals 143.448,9 14.4 14.6
- companies 107.587,8 28.4 27.1
Private lending in foreign currency 94.237,3 8.2 6.8
- individuals 26.032,5 -12.5 -12.5
- companies 68.204,8 18.8 17.0

(1 euro = 4.9459 Romanian lei)

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