Isarescu:  lending growth pace drops below 8 pct in past months

Romania does not register a drop in lending, but a reduction in the lending growth pace below 8 pct in the past months, on Thursday said the Governor of the National Bank of Romania (BNR) Mugur Isarescu, when displaying the quarterly inflation Report."An annual growth of 8 per cent. It's not much, considering it is a nominal growth of the lending....If we consider an economic growth of 4-5 pct plus a 4 pct inflation, it is slightly below the GDP's nominal growth. ...

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