Loans to individuals and companies up by 1.3 pc in May to RON 212.82 bn

0

Get real time updates directly on you device, subscribe now.

At end-May 2015, non-government loans granted by credit institutions edged up 1.3 percent (0.8 percent in real terms) from April 2015 to RON 212,824.0 million. RON-denominated loans increased by 3.1 percent (2.6 percent in real terms), whereas foreign currency-denominated loans fell by 0.2 percent when expressed in RON and by 0.6 percent when expressed in EUR. At end-May 2015, non-government loans decreased by 1.9 percent (down 3.0 percent in real terms) year on year, on the back of the 9.7 percent increase in RON-denominated loans (8.4 percent in real terms) and the 10.1 percent decline in foreign currency-denominated loans expressed in RON (when expressed in EUR, forex loans dropped 10.9 percent), a BNR release informs.
Government credit stood 4.1 percent higher in May 2015 at RON 89,205.2 million. At end- May 2015, government credit increased by 13.3 percent (12.0 percent in real terms) from the same year-ago period.
Deposits of non-government resident customers inched down 0.2 percent month on month to RON 227,989.4 million in May 2015.
RON-denominated household deposits decreased by 0.1 percent to RON 87,726.5 million. At end-May 2015, household deposits in domestic currency rose by 7.9 percent (6.7 percent in real terms) against end-May 2014.
RON-denominated corporate deposits (non-financial corporations and non-monetary financial institutions) shrank by 0.8 percent to RON 62,113.2 million. At end-May 2015, RON-denominated corporate deposits climbed by 6.3 percent (5.0 percent in real terms) year on year.
Forex-denominated deposits of resident households and corporates (non-financial corporations and non-monetary financial institutions) added 0.1 percent to RON 78,149.7 million when expressed in domestic currency (when expressed in EUR, forex deposits went down 0.3 percent to EUR 17,603.3 million). In year-on-year comparison, residents’ forex deposits expressed in RON advanced 3.6 percent (when expressed in EUR, residents’ forex deposits increased by 2.7 percent); household forex deposits grew by 7.2 percent when expressed in domestic currency (when expressed in EUR, household forex deposits increased by 6.2 percent) and forex deposits of legal entities (non-financial corporations and non-monetary financial institutions) declined by 3.1 percent when expressed in RON (when expressed in EUR, forex deposits of resident legal entities contracted by 4.0 percent), the central bank release concludes.

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.