The National Bank of Romania published provisional monetary data for September 2026 showing annual growth of 8.2% in credit to the nongovernment sector and 8.8% in resident nongovernment deposits. Broad money (M3) reached RON 816.2 billion, up 0.4% from August and 8.4% from September 2025. In real terms, M3 fell 0.4% over the month but rose 1.7% over the year. Credit to the nongovernment sector totaled RON 480.3 billion, increasing 0.7% monthly but declining 0.02% in real terms. Annual credit growth was 1.4% after inflation. Lending denominated in RON, which accounted for 66.8% of the total, grew 4.5% annually, while foreign currency lending measured in RON rose 16.3%. Within foreign currency lending, credit to nonfinancial corporations and nonmonetary financial institutions increased 20.0%, while household borrowing fell 12.2%. Government credit, including debt securities held by credit institutions, reached RON 298.3 billion, up 2.9% monthly and 15.7% annually. Resident nongovernment deposits reached RON 690.8 billion, rising 0.4% monthly and 2.1% annually in real terms. RON deposits fell 0.7% over the month to RON 463.4 billion, with declines across households and other sectors. Foreign currency deposits measured in RON rose 2.5% to RON 227.4 billion, offsetting that decline. Their annual growth was 12.9%, compared with 7.0% for RON deposits.
National Bank of Romania reports September credit growth of 8.2% and deposit growth of 8.8% from a year earlier
The National Bank of Romania’s provisional September 2026 data show nongovernment credit rose 8.2% annually to RON 480.3 billion, while resident nongovernment deposits increased 8.8% to RON 690.8 billion. After inflation, annual growth was 1.4% for credit and 2.1% for deposits, with foreign currency components growing faster than those denominated in RON. Broad money increased 8.4% annually to RON 816.2 billion, a real gain of 1.7%.