Non-governmental loans dropped in Romania in January by 3.8% year-on-year and by 0.3% compared to the previous month, reaching EUR 47.2 billion.

This happened because the foreign currency loans continued to go down, whereas the loans in the local currency lei went up, according to the Romanian National Bank.

The non-governmental loans in lei went up in January by 6.7% over January 2014, due to a 16.3% increase in household loans.

The non-governmental loans in foreign currency went down by 10.6%.

Meanwhile, the governmental loans increased in January by 1.5% year-on-year, to EUR 19.5 billion.

editor@romania-insider.com