Romania's annual bank deposits growth speeds up in Feb

Banking

Photo by Radu Bercan/Shutterstock.com

The deposits of the non-governmental sector in Romanian banks grew 16.4% on the year to RON 427.7 billion (EUR 88 billion) in February, compared to an annual increase of 15.8% in January, the National Bank of Romania said on Tuesday.

The value of Romanian banks' outstanding loans to the non-government sector grew 5.3% year-on-year to RON 285.5 billion (EUR 58 billion) in February, compared to a 5.1% growth in January, the central bank said also. 

ADVERTISEMENT

Hungarians Want to Live to 96 Analysis

Hungarians Want to Live to 96

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Wizz Air Malta Names Managing Director Appointments

Wizz Air Malta Names Managing Director

Muni Council Organizing Meeting to Improve Air Quality City

Muni Council Organizing Meeting to Improve Air Quality

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.