New loans granted by banks exceed 410 billion RON, January 2020 - August 2023

New corporate and retail loans granted by Romanian banks amounted to more than 410 billion RON, January 2020 to August 2023, which is equivalent to 29% of Romania's Gross Domestic Product (GDP) for 2022, the Romanian Banks Association (ARB) announced on Thursday.The volume of new loans granted to the population and companies in 3 years and 8 months since the start of the pandemic exceeds by 8.25% the balance of non-government credit recorded at the end of August 2023, of ...

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