Romanian individuals' bank deposits rise 50% in December 2007 y/y, exceeding companies' deposits

The bank deposits in lei reached 42.4 billion lei (11.74 billion euros) in December 2007, up 50.5 percent against December 2006. The foreign currency deposits totaled almost 25 billion lei, up 56.1 percent against December 2006.

Companies had total lei deposits of 45.2 billion lei, up 22 percent year-on-year in December 2007. The foreign currency deposits stood at 16.5 billion lei, in the analyzed period.

The deposits of both individuals and companies totaled 129 billion lei in December 2007, up 33.9 percent against December 2006. The increase rhythm of the deposits was exceeded by that of the loans granted to individuals and companies, which totaled 148.18 billion lei.

Source: NewsIn