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BNR's Isarescu: Lending in lei, slowing down, macro-prudential measures taken in 2018, main deterrent

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The lending growth pace is slowing down, and the macro-prudential measures taken in 2018 by the of Romania (BNR), with effect since 2019, represent the main deterrent, Governor of the told on Monday a press conference.

"Lending is growing in nominal terms below GDP growth. In other words, we can hardly add it to the aggregate demand supplement that pushes upwards the adjusted CORE2 inflation, so the one we can control. It is an important factor with regard to the aggregate demand, but if it increases below the nominal GDP growth, that is the…

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