Romania's annual bank deposits growth in May

Banking

Photo by Radu Bercan/Shutterstock.com

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. 

MOL Shareholders Approve Dividend of Around HUF 250/Share Figures

MOL Shareholders Approve Dividend of Around HUF 250/Share

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.