Savings exceed credits in just 4 Romanian counties

The inhabitants of four Romanian counties saved more than they borrowed, whilst in the rest of the country banks provided financing from external sources for contracted credits, indicates data from the NBR (National Bank of Romania). Total savings in Bucharest, Mures, Harghita and Bacau were 5.3 billion RON (1.4 billion euros) higher than credits taken out, while at aggregate level, deposits were 13.3 billion-RON (3.6 billion-euro) lower than contracted credits. The deposits/credits ratio, in RON and foreign currency, which reflects the degree to which deposits cover credits stands at 117% for Bucharest. The capital is in the most comfortable position from this point of view. The counties with the biggest gap between loans and savings in RON and foreign currency are Mehedinti, Bistrita-Nasaud, Gorj, Botosani and Salaj.