At end-September 2024, loans to non-government sector granted by credit institutions increased 1.3% (1.0% in real terms) from August 2024 to RON 413,220.0 million, the National Bank of Romania (BNR) reported on Wednesday.
RON-denominated loans, representing 69.8% of total volume of loans to non-government sector, grew by 1.5%, while foreign currency-denominated loans, holding 30.2% of total loans to non-government sector, rose by 0.9% when stated in RON (1.0 percent when stated in EUR).
Year-on-year, loans to non-government sector advanced 8.4% (3.6% in real terms), on an 11.1% increase in RON-denominated loans (6.2% in real terms) and a 2.6% rise in forex-denominated loans stated in RON (similar when stated in EUR).
At end-September 2024, credit to general government granted by credit institutions increased by 1.0% from August 2024, to RON 222,435.2 million. Year-on-year, the indicator grew by 17.7 percent% (12.5% in real terms).
Broad money (M3) amounted to RON 698.237 billion at the end of September 2024, up 0.7% (0.3% in real terms) on a monthly basis and 9% (4.2% in real terms).