BNR: April Private Lending Down 0.3% In Real Terms To RON204.6B

05.25.2011 ZF English

Romanian private lending fell 0.3% in real terms to 204.6 billion lei (EUR49.6 billion) in April from a month earlier, and was down 5.7% on the year, central bank data showed Wednesday.

Private loans in Romanian lei rose 0.8% on the month in April, while foreign currency loans decreased by 0.4% when expressed in lei. When expressed in euros, hard currency loans were up 0.6% in April from a month earlier.

Compared with April 2010, loans in Romanian lei fell 7.8%, whereas hard currency loans rose by 3.6% when expressed in lei and by 4.9% when expressed in euros.

Deposits of non-government resident customers declined 0.2% on the month to RON171 billion.

End-April, government credit was at RON61.6 billion, up 8.8% in real terms from the year earlier month.