RON-denominated household deposits added 0.4 percent to RON 88,035.4 million at end-June 2015, household deposits in domestic currency followed the same line, rising by 8.2 percent (9.9 percent in real terms) against the same month of the previous year, National Bank of Romania (BNR) announced in a press release.
RON-denominated corporate deposits (non-financial corporations and non-monetary financial institutions) increased by 2.8 percent to RON 63,879.2 million. Last month, RON-denominated corporate deposits climbed by 9.1 percent (10.8 percent in real terms) year on year.
According to the same BNR data, at end-June, broad money amounted to RON 260,982.7 million, up 1.2 percent (4.3 percent in real terms) month on month. In year-on-year comparison, broad money rose 8.8 percent (10.6 percent in real terms).
In the same month, non-government loans granted by credit institutions climbed by 1.1 percent (4.1 percent in real terms) from May 2015 to RON 215,106.2 million. RON-denominated loans increased by 3.9 percent (7.1 percent in real terms), whereas foreign currency-denominated loans fell by 1.4 percent when expressed in RON and by 2.1 percent when expressed in EUR. At end-June 2015, non-government loans decreased by 0.1 percent (up 1.4 percent in real terms) year on year, on the back of the 13.2 percent increase in RON-denominated loans (15 percent in real terms) and the 9.8 percent decline in foreign currency-denominated loans expressed in RON (when expressed in EUR, forex loans dropped 11.6 percent).
Government credit contracted by 1.6 percent month on month to RON 87,786.0 million. At end- June 2015, government credit increased by 9.1 percent (10.8 percent in real terms) from the same year-ago period.
Deposits of non-government resident customers went up 1.3 percent month on month to RON 230,966.9 million in June 2015.
Forex-denominated deposits of resident households and corporates (non-financial corporations and non-monetary financial institutions) went up 1.2 percent to RON 79,052.3 million when expressed in domestic currency (when expressed in EUR, forex deposits increased by 0.4 percent to EUR 17,671.2 million). In year-on-year comparison, residents’ forex deposits expressed in RON advanced 6.6 percent (when expressed in EUR, residents’ forex deposits rose by 4.5 percent); household forex deposits grew by 8.1 percent when expressed in domestic currency (when expressed in EUR, household forex deposits expanded by 6 percent) and forex deposits of legal entities (non-financial corporations and non-monetary financial institutions) went up 3.5 percent when expressed in RON (when expressed in EUR, forex deposits of resident legal entities inched up 1.5 percent).