Last month, loans to non-government sector granted by credit institutions in Romania increased 1.3 percent (1.0 percent in real terms) on a monthly basis to RON 413,220.0 million, central bank data showed. RON-denominated loans, representing 69.8 percent of total volume of loans to non-government sector, grew by 1.5 percent, whilst foreign currency-denominated loans, holding 30.2 percent of total loans to non-government sector, rose by 0.9 percent when expressed in RON (1.0 percent when expressed in EUR).
In year-on-year comparison, loans to non-government sector advanced 8.4 percent (3.6 percent in real terms), on the back of the 11.1 percent increase in RON-denominated loans (6.2 percent in real terms) and the 2.6 percent rise in foreign currency-denominated loans expressed in RON (similar evolution when expressed in EUR).
Meanwhile, in September 2024, credit to general government granted by credit institutions increased by 1.0 percent from August 2024, to RON 222,435.2 million. In year-on-year comparison, this indicator grew by 17.7 percent (12.5 percent in real terms).
Deposits of non-government resident customers rose by 0.6 percent month on month to RON 595,015.0 million, while the annual growth rate was 8.6 percent (3.8 percent in real terms).
RON-denominated deposits of residents, representing 70.8 percent of deposits of non government customers, picked up by 0.7 percent to RON 421,120.3 million month on month. In year-on-year comparison, they advanced 11.8 percent (6.8 percent in real terms).
As regards deposits, RON-denominated household deposits increased by 1.1 percent to RON 239,807.1 million month on month and by 18.3 percent (13.1 percent in real terms) year on year.
RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) advanced by 0.3 percent (to RON 181,313.2 million) month on month and rose by 4.2 percent (-0.4 percent in real terms) year on year.
Foreign currency-denominated deposits of residents, representing 29.2 percent of the total volume of deposits of non-government customers, increased by 0.2 percent against August 2024 to RON 173,894.6 million when expressed in domestic currency (similar evolution when expressed in EUR). Compared to September 2023, this indicator grew by 1.6 percent when expressed in RON (similar evolution when expressed in EUR).
Foreign currency-denominated deposits of households advanced by 0.1 percent from August 2024 to RON 119,598.3 million when expressed in RON (when expressed in EUR, these deposits increased by 0.2 percent to EUR 24,037.0 million). In year-on-year comparison, the indicator increased by 0.05 percent when expressed in domestic currency (0.03 percent when expressed in EUR).
Foreign currency-denominated deposits of other sectors picked up by 0.4 percent against August 2024 to RON 54,296.4 million when expressed in RON (when expressed in EUR, these deposits increased by 0.4 percent to EUR 10,912.5 million). Compared to September 2023, the indicator rose by 5.1 percent when expressed in RON (similar evolution when expressed in EUR).
