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Romania's annual bank deposits growth speeds up in July

Banking

Photo by Radu Bercan/Shutterstock.com

The deposits of the non-governmental sector in Romanian banks grew 15.3% on the year to RON 442.3 billion (EUR 107 billion) in July, compared to an annual increase of 14.7% in June, the central bank (BNR) said on Tuesday.

Meantime, the value of Romanian banks' outstanding loans to the non-government sector grew an annual 12.6% to RON 306.6 billion (EUR 62 billion) in July, compared to a 10.1% growth in June, according to BNR.

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