AcasăEurope NewsApril's household and business deposits up 0.9 pct month-on-month

April’s household and business deposits up 0.9 pct month-on-month

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The deposits of non-government resident customers were 0.9 percent up this April from the previous month, to RON 589.925 billion; compared to April 2023, the advance was 11.9 percent (5.6 percent in real terms), the National Bank of Romania (BNR) informs in a release.

RON-denominated deposits of residents, accounting for 70.6 percent of the total deposits of non-government customers, increased 1.2 percent from March 2024 to RON 416.239 billion. Year-over-year, the increase was 16.4 percent (9.9 percent in real terms).

RON-denominated household deposits inched up 2.3 percent to RON 231.144 billion from March 2024, and were by 21.7 percent higher (15.0 percent in real terms) on a YoY basis.

RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) dipped 0.2 percent to RON 185.095 billion compared to the previous month, and were 10.3 percent higher (4.1 percent in real terms) from the year-ago level.

Forex-denominated deposits of residents expressed in RON (at 29.4 percent of the total deposits of non-government customers) inched up 0.4 percent from the previous month to RON 173.685 billion (when expressed in EUR, the increase was 0.3 percent, to EUR 34.905 billion). Year-over-year, the indicator advanced 2.4 percent when expressed in RON (1.6 percent when expressed in EUR).

Foreign currency-denominated deposits of households picked up 0.8 percent from March 2024 to RON 120.616 billion when expressed in RON (when stated in EUR, the deposits advanced 0.6 percent to EUR 24.240 billion). Year-over-year, the indicator increased by 0.1 percent when stated in RON (-0.7 percent when stated in EUR).

Foreign currency-denominated deposits of other sectors dropped 0.4 percent on a monthly basis to RON 53.068 billion when expressed in RON (when stated in EUR, the deposits were 0.6 percent down to EUR 10.665 billion). Year-over-year, the indicator went up 8 percent when expressed in RON (7.2 percent when expressed in EUR).

AGERPRES

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