Romania's private lending down 1.1% in October

Romanian private lending fell 1.1 percent in real terms to EUR 48.3 billion in October from the previous month, according to data from the Romanian Central Bank (BNR). Private lending in Romanian lei was down 1.1 percent on the month in October, while loans in foreign currency fell 0.5 percent. Non-government lending was down 4.7 percent on the year in October, held down by local currency loans. In real terms, private loans in Romanian lei fell 10 percent year-on-year to EUR 18.1 billion in October. Mediafax