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Romanian July Private Lending Dn 0.1% MM To RON197.9B

Romanian private lending fell 0.1% on the month in July to 197.9 billion lei (EUR1=RON4.2238), but was up 5.4% in real terms compared with the same month of 2008, the central bank said in a statement Tuesday.
Romanian July Private Lending Dn 0.1% MM To RON197.9B
25 aug. 2009, 13:24, English

The yearly increase in July was fueled by a 22% growth in hard currency loans, when expressed in lei. Loans in Romanian lei fell 7.2% on the year in real terms in July.

On the month in July, private loans in Romanian lei were down 1.2% to RON79.92 billion in real terms, while loans in hard currency, when expressed in euros, rose 0.6% month-on-month to RON117.98 billion.

Deposits of non-government resident customers rose 1.4% on the month in July to RON158.63 billion.