NBR supports non-government lending

The National Bank (NBR) continues to support robust growth of the non-government lending this year, by about 20-30% in real terms, according to NBR Governor Mugur Isarescu. “We are not going for a particular growth target, as it would be rather dangerous, but we are expecting a slower pace though, compared to last year’s boom,” Isarescu stated. Non-government lending last year surged almost 50% in real terms, whereas consumer lending went up 300% in nominal terms. ZF