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Romania November Private Lending +1.3% On Month To RON224B

Romanian private lending rose 0.8% in real terms to 223.8 billion lei (EUR52.15 billion) in November from a month earlier, central bank data showed Tuesday.

Andrei Cîrchelan · 27 decembrie 2011 · 1 min de citit

Private loans in Romanian lei gained 1% on the month in November, while foreign currency loans rose by 1.4% when expressed in lei. When expressed in euros, hard currency loans were up 0.7% in November from a month earlier.

Compared with November 2010, non-government lending rose 4.1% in real terms, fueled by higher lending all around. Foreign currency loans were up 8.7% when expressed in lei and 7% when expressed in euros. Loans in Romanian lei advanced 5.8% on the year in November.

Deposits of non-government resident customers increased 0.9% on the month to RON181.25 billion in November.

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