Romania's Lending Growth Slows in November

Banking

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The value of Romanian banks' outstanding loans to the non-government sector grew 13.2% year-on-year in November, to RON 364.4 billion (EUR 73.9 billion), after a 14.7% rise in October, the National Bank of Romania (BNR) said on December 27.

Private lending increased 9.2% on the year to RON 253 billion in November, after growing 12.4% in October, it said.

The deposits of the non-government sector, meanwhile, grew 7.1% annually in November, to RON 495.4 billion (EUR 100.5 billion), after increasing at the same rate in October, BNR also said in a separate report. 

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