Romania Feb Overdue Loans Up 5% On Month To RON17.6B

Romanian overdue private loans rose 5% on the month to 17.56 billion lei (EUR1=RON4.1020), equal to 8.44% of the total lending, central bank data showed Thursday.

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A month earlier, overdue non-government loans stood at RON16.7 billion.

Compared with the same month of 2010, overdue private loans nearly doubled in February.

Past due loans in Romanian lei were up 3.7% on the month to RON8.1 billion in February, while overdue foreign currency loans rose 5.8% to RON9.5 billion, the data showed.

End February, overall private lending was down 1.3% in real terms from the earlier month, at RON206.6 billion.

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