Based on the data of the National Bank, taking debt obligations is becoming more and more unprofitable for individuals. Although the number of those willing to borrow is not decreasing, but even growing, having passed over half of the clients of commercial banks. In August 2025, the interest on consumer loans rose from 10.95% in July to 11.09%. For mortgages you have to pay already 8.17% per annum. Not surprisingly, the volume of new loans to households decreased by 6% on average compared to July, including consumer loans by 8% and mortgage loans by 7%.
The banks reported the total amount of new loans issued in August to the population in national currency in the amount of 2.4 billion lei, of which 1.5 billion lei for consumer needs and 0.9 billion lei for the purchase of housing. The total volume of newly issued credits in August 2025 amounted to 6.5 billion lei and decreased by 7.6% compared to July.
It is noteworthy that people have no reason to borrow in foreign currency – 99.98% of foreign currency loans are granted to legal entities. Their volume also decreased in August (-7%), amounting to the equivalent of 1.5 billion lei. The interest rate on loans in foreign currency increased from 5.13% to 5.34%, although in annual terms it decreased (August 2024 – 5.93%) due to the demand.
In general, business is in no hurry to take loans from banks. In August, new loans amounted to 2.3 billion lei, which is 15% lower than in July, while 57% of loans granted to businesses are lei loans. Although the interest rate on business loans remained almost at the same level – 8.71%, a year ago borrowing was much cheaper – 7.97%.
