The Volume of New Loans in July 2020 Was Around 14 Percent More Than in July 2019

The Volume of New Loans in July 2020 Was Around 14 Percent More Than in July 2019
22 August 2020 | 03:28

According to the National Bank, the share of loans offered in national currency was 72.2 percent of the total amount, and in foreign currency – 25.2 percent, and loans related to the exchange rate of foreign currency – 2.6 percent.

The volume of new loans in national currency was €119.15 million (2.342 billion lei), increasing by 7.3 percent compared to the previous month, but also increased by 13 percent compared to July 2019.

The volume of new loans offered in foreign currency, expressed in lei, it was €41.56 million (817.1 million lei) or 6.5 percent more than in the previous month, but also by 9.9 percent more than in July 2019.

The most requested loans were those granted for a period of two to five years. The loans granted to legal entities held the largest share, amounting to 28.6 percent of the total volume of loans granted. 

Loans in national currency were offered mainly to legal entities (share of 57.8 percent), and the share of loans to non-financial companies was 53.2 percent of the total volume (49.2 percent of them – for trade). 

Foreign currency loans were mainly requested by non-financial companies (96.7 percent share), and most (60.7 percent) went to trade. 

AUTHOR MAIL

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