Romania Sept Overdue Loans Up 4.3% MM To RON6.51B

The total value of loans was at RON200.22 billion at the end of September, slightly higher than RON199.87 billion a month earlier. Loans in Romanian lei totaled RON80.2 billion after the first nine months, while foreign-currency denominated loans were of RON120 billion at the end of September.

According to central bank data, overdue loans in Romanian lei rose 4.96% on the month to RON3.81 billion end-September. Year-on-year, overdue loans in lei surged 246% in September.

Overdue foreign currency loans stood at RON2.7 billion in September, up 3.45% on the month and 4.5-times higher compared with the same month of 2008.