Romania's annual bank deposits growth in May

Banking

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The deposits of the non-governmental sector in Romanian banks grew 10.4% year-on-year to RON 481 billion (EUR 97 billion) in May, compared to an annual increase of 10.9% in April, the central bank said on Monday.

In a separate report, the bank said that, the value of Romanian banks' outstanding loans to the non-government sector grew an annual 16.5% in May to RON 345 billion (EUR 70 billion), compared to a 15.8% rise in April.

Private lending increased 20% on the year to RON 251 billion in May, after growing 19.6% in April, it said. 

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