The National Bank of Romania released provisional monetary statistics for December 2025, reporting broad money (M3) of RON 795,408.3 million, up 3.5% from November and 7.2% from December 2024 (down 2.2% in real terms year on year). Narrow money (M1) stood at RON 481,582.3 million, comprising RON 137,658.9 million in currency outside the banking system and RON 343,923.4 million in overnight deposits. M3 was fully accounted for by M2, with no contribution from other financial instruments; on the counterparts side, net foreign assets fell 2.1% month on month to RON 391,998.7 million while net domestic assets rose 9.5% to RON 403,409.5 million. Credit to the non-government sector reached RON 447,337.2 million (+0.1% m/m; +6.2% y/y), with leu credit down 0.6% m/m and foreign-currency credit up 1.6% (1.5% in euro terms); government credit rose 6.0% m/m to RON 279,903.4 million. Resident non-government deposits increased to RON 676,028.9 million (+4.1% m/m; +6.9% y/y), including RON 463,794.9 million in leu deposits and RON 212,234.0 million in foreign-currency deposits (EUR 41,626.7 million). The next release, covering January 2026 monetary indicators, is scheduled for 24 February 2026.
National Bank of Romania 2026-01-27
National Bank of Romania publishes December 2025 monetary indicators with broad money M3 rising 3.5% month on month to RON 795,408.3 million
The National Bank of Romania reported December 2025 provisional monetary statistics, noting a 3.5% monthly and 7.2% annual increase in broad money (M3) to RON 795,408.3 million, with net foreign assets decreasing by 2.1% and net domestic assets rising by 9.5%. Credit to the non-government sector slightly increased by 0.1% month on month, while government credit rose by 6.0%.