Non-government loans, up 6.6 percent in August 2018, year-over-year

Non-government loans registered an increase of 6.6 percent (1.5 percent in real terms) on 31 August 2018, as opposed to 31 August 2017, on account of the 14.1 percent increase RON-denominated loans (8.6 percent in real terms) and a decrease of 5.1 percent in foreign currency-denominated loans expressed in RON (when expressed in Euro, the foreign currency-denominated loans decreased by 6.2 pct) according to data of the Romanian National Bank sent to AGERPRES on Tuesday. 

RON-denominated loans to the population marked an advance of 20.2 percent, while foreign currency-denominated loans dropped by 10.3 percent in the mentioned period. 

In August, as opposed to July, non-government loans increased by 0.7 percent (0.4 percent in real terms), to the level of 244.948 billion lei. RON-denominated loans rose by 0.7 percent (0.4 percent in real terms) and foreign currency-denominated loans went up by 0.6 percent (when expressed in euro, foreign currency-denominated loans increased by 0.3 percent). Loans granted to the population advanced by 1.5 percent in August, while foreign currency-denominated loans for households declined by 0.4 percent. 

Government credit rose in August 2018 by 1.2 percent, as opposed to July 2018, to 99.995 billion lei. End-July 2018, government loans increased by 3.4 percent (1.5 percent in real terms), versus the same year-ago period.