Romania October Private Lending -0.8% On Month To RON221B

Private loans in Romanian lei fell 0.6% on the month in October, while foreign currency loans nudged down by 0.3% when expressed in lei. When expressed in euros, hard currency loans were up 0.4% in October from a month earlier.

Compared with October 2010, non-government lending rose 3.2% in real terms, fueled by growing foreign currency loans. Foreign currency loans were up 8.5% when expressed in lei and 7% when expressed in euros. Loans in Romanian lei advanced 0.6% on the year in October.

Deposits of non-government resident customers decreased 0.8% on the month to RON179.6 billion in October.