Romania August Overdue Loans Rise 6.9% On Month To RON14.4B

The overdue private lending was at RON6.2 billion in August 2009.

According to central bank data, overdue loans in Romanian lei rose 5.2% on the month to RON7.1 billion end-August. Overdue lending in lei was almost double compared with RON3.6 billion in August 2009.

Overdue foreign currency loans were at RON7.3 billion in August, about 9% higher on the month and almost tripled from RON2.6 billion in the same period of 2009.

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At the end of August, overall private lending was at RON209.1 billion, up 0.5% on the month. Loans in Romanian lei amounted to RON78.25 billion, while foreign currency-denominated loans stood at RON130.88 billion.