Number of Romanians with loan debts up by 3,700 in November 2016 to 615,348

Newsroom 09/01/2017 | 15:46

The number of Romanians with back payments for loans taken from banks and non-banking-finance institutions (IFN) went up by 3,700 in November 2016 to 615,348, taking into account that banks gave loans of RON 1.9 million besides the balance sheet, according to the data of the Credit Office, published by the National Bank of Romania (BNR).

In October there were 611,613 debtors, the lowest level since June 2009, after a drop by 83,439 in September.

The record from 2016 was reached in June, when according to BNR data, 754,228 debtors had 1,021,006 back payments at banks and IFNs.

According to the data of the Credit Office, quoted by BNR in the last monthly report, the total debts grew in November 2016 from RON 8.5 billion up to RON 8.56 billion, after a cumulated drop by 27 percent during June-October 2016.

The value of the back payments grew slightly for all the foreign currencies categories for which the loans were given, at the national currency value.

In November, the EUR/RON went up by 0.36 percent compared with the previous month, up to RON/EUR 4.5102, according to the BNR data.

The value of the back payments for the loans in RON went up by 2.87 billion in October to RON 2.9 billion in November.

The value of the back payments registered for euro loans went up significantly in November to RON 4.04 billion for the value calculated in RON, but went down easily for the value calculated in EUR.

Also the back payments registered for Swiss francs went up to RON 1.56 billion from RON 1.54 billion in the previous month.