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Romania July Pvt Resident Deposits Up 35.2% YY To RON140.36B

Private resident deposits rose 35.2% on the year in July to 140.36 billion lei (EUR1-RON3.5455), Romania’s central bank said Tuesday.
Romania July Pvt Resident Deposits Up 35.2% YY To RON140.36B
26 aug. 2008, 13:50, English

On the month, however, private resident deposits fell 0.3%, due to a 1.6% drop in domestic currency denominated corporate deposits, the central bank said.

It said deposits in domestic currency grew by 27.4% on the year to RON92.35 billion, while forex-denominated deposits were up 53.3% on the year to RON48.01 billion.

Household deposits in domestic currency reached RON49.89 billion in July, up 23.1% in real terms from July 2007.

According to Romania’s central bank data, corporate deposits in domestic currency increased by 10.2% on the year in real term, to RON42.45 billion.