Romania Nov Overdue Loans Up 3.1% On Month To RON16.4B

Overdue private lending almost doubled compared with RON8.3 billion in November 2009, the data showed.

Overdue loans in Romanian lei rose 3.5% on the month to RON7.7 billion end-November. Overdue lending in lei was up 80% compared with RON4.3 billion in November 2009.

According to central bank data, overdue foreign currency loans were at RON8.7 billion in November, up 2.2% on the month and more than doubled from RON4 billion in the same period of 2009.

Overall private lending rose 0.5% on the month to RON209.4 billion in November. Loans in Romanian lei amounted to RON77.2 billion, while foreign currency-denominated loans stood at RON132.2 billion.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.