Lending - Nongovernmental credit in Romania slips 0.5% in December 2009, to lei 199.88bn
Nongovernmental credit in Romania lowered 0.5 percent in December 2009 versus the previous month, when it began to reduce after three consecutive months of increase, on lower foreign currency and lei loans, data of the central lender BNR show.
Crediting reached 199.88 billion lei at the end of December. Lei credits slipped 0.3 percent in December over the previous month, while foreign currency loans dropped 0.6 percent. The annual growing rate tempered at 0.9 percent at the end of the year.
Lei credits reduced 0.3 percent month-on-month in December, to 79.71 billion lei, but fell 4.7 percent from December last year.
The volume of lei loans granted to the population lost 5.2 percent in the period December 2008 - December 2009, to 38.81 billion lei. For companies, these fell 4.2 percent in the same interval, to 40.9 billion lei.
The foreign currency loans expressed in lei lowered 0.6 percent in the last month of the year versus the previous, to 120.17 billion lei. In euros, the foreign currency loans rose 0.4 percent.
The governmental credit eased 1.1 percent in December to 46.82 billion lei and remains two-fold above the level reported at the end of 2008.
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