Romanian non-government credit growth slows to 7.6% YoY in July 2026

The National Bank of Romania reported total non-government credit at 472.4 billion lei, marking a 7.6% annual increase but a 0.3% monthly contraction. When adjusted for inflation, the credit balance shows a real-term decline of 0.5% year-on-year, signaling tightening credit conditions for households and firms.