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Moldovan banks’ income from the exchange rate difference in January-October 2020 amounted to 1 billion 049.7 million lei, having increased 34.5% compared to the same period in 2019.

Moldovan banks’ income from the exchange rate difference in January-October 2020 amounted to 1 billion 049.7 million lei, having increased 34.5% compared to the same period in 2019.

According to the data of the National Bank of Moldova, Moldova-Agroindbank received the largest profit from the exchange rate difference for 10 months in 2020 - 284.01 million lei against 224.73 million lei in the same period a year earlier. Moldindconbank ranks second in terms of the above indicator. In January-October 2020, it received 171.54 million lei income from the exchange rate difference, while a year earlier this figure was 130.63 million lei. The 3rd place was taken by Mobiasbanca - OTP Group with the similar income totaling 155.2 million lei for 10 months in 2020 against 112.69 million lei in the same period of 2019. Next, according to the indicator of banks' income from exchange rate differences in January-October 2020, follow: Victoriabank - 149.26 million lei (in January- October 2019 - 110.79 million), FinComBank - 71.48 million lei (59.84 million), ProCreditBank - 52.33 million lei (32.26 million), Energbank - 46.68 million lei (32.47 million), Eximbank - 39.27 million lei (25.69 million), EuroCreditBank - 32.32 million lei (20.05 million), BCR Chisinau - 29.54 million lei (20.43 million), Comertbank – 18.07 million lei (10.71 million). // 02.12.2020 - InfoMarket.

News on the subject

Remittances from EU countries in favor of individuals of Moldova through banks in October 2020 amounted to $66.63 million, having increased by 20.5% compared to September 2019.
Remittances from EU countries in favor of individuals of Moldova through banks in October 2020 amounted to $66.63 million, having increased by 20.5% compared to September 2019.
Remittances from EU countries in favor of individuals of Moldova through banks in October 2020 amounted to $66.63 million, having increased by 20.5% compared to September 2019.
Remittances from EU countries in favor of individuals of Moldova through banks in October 2020 amounted to $66.63 million, having increased by 20.5% compared to September 2019.
The National Bank has issued eight commemorative coins on the occasion of the 27th anniversary of the introduction of the Moldovan leu into circulation.
The National Bank has issued eight commemorative coins on the occasion of the 27th anniversary of the introduction of the Moldovan leu into circulation.
Moldovan banks’ net profit in January-October 2020 amounted to 1 billion 394.4 million lei, having decreased by 28.7%, compared to the same period in 2019 (1 billion 956.9 million).
Moldovan banks’ net profit in January-October 2020 amounted to 1 billion 394.4 million lei, having decreased by 28.7%, compared to the same period in 2019 (1 billion 956.9 million).
In Moldova, the share of MDL loans decreased in the total volume of loans over the last month, but the share of USD loans EUR loans increased.
In Moldova, the share of MDL loans decreased in the total volume of loans over the last month, but the share of USD loans EUR loans increased.
The volume of MDL deposits attracted by banks of Moldova as of the end of September 2020 amounted to 42 billion 436.9 million lei, having increased over the month by 884.1 million lei (+ 2.1%).
The volume of MDL deposits attracted by banks of Moldova as of the end of September 2020 amounted to 42 billion 436.9 million lei, having increased over the month by 884.1 million lei (+ 2.1%).