Romania Nov Private Lending Down 3.9% On Year To RON208B - financiare.ro
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News » December, 2010 » 27 December 2010

Romania Nov Private Lending Down 3.9% On Year To RON208B
27.12.2010, 13:16 | Finance-Banks | 728 views



Romanian private lending fell 3.9% in real terms to 207.9 billion lei (EUR1=RON4.2878) in November from the same month a year earlier, held down by local currency loans, central bank data showed Monday.

In real terms, private loans in Romanian lei fell 10.5% year-on-year to RON77 billion in November. Foreign currency loans, when expressed in lei, rose 8.2% on the year to RON130.9 billion. When expressed in euros, hard currency loans were up 8% compared with November 2009.

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