The National Bank of Romania released provisional monetary statistics for end-August 2025, showing broad money (M3) at RON 751,138.0 million, slightly lower than in July and up 8.3% from a year earlier. The release also reports a modest monthly rise in credit to the non-government sector and a fall in resident non-government deposits. M3 decreased 0.1% m/m (-2.2% in real terms) and increased 8.3% y/y (-1.4% in real terms), with other financial instruments remaining at zero so M2 equalled M3. Net foreign assets stood at RON 389,706.5 million (0.1% m/m; 11.6% y/y) and net domestic assets at RON 361,431.5 million (-0.3% m/m; 5.0% y/y). Non-government credit reached RON 440,650.6 million (0.4% m/m; 8.0% y/y), including leu credit of RON 305,335.0 million (69.3% share) and foreign-currency credit of RON 135,315.6 million; credit to government rose to RON 256,112.8 million (0.8% m/m; 16.3% y/y). Deposits of resident non-government clients totalled RON 632,656.1 million (-0.4% m/m; 7.0% y/y), with leu deposits increasing to RON 430,392.6 million and foreign-currency deposits falling to RON 202,263.4 million. The next monetary indicators release, covering September 2025, is scheduled for 23 October 2025, and the National Bank of Romania noted the data are provisional and may be revised.
National Bank of Romania 2025-09-23
National Bank of Romania reports August 2025 broad money M3 down 0.1% to RON 751,138.0 million
The National Bank of Romania released provisional monetary statistics for August 2025, indicating broad money (M3) at RON 751,138.0 million, a slight decrease from July but an 8.3% increase year-on-year. Non-government credit rose modestly to RON 440,650.6 million, while resident non-government deposits fell to RON 632,656.1 million. Net foreign assets increased by 11.6% year-on-year, and net domestic assets grew by 5.0% year-on-year.