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The income of the banks of Moldova from the exchange rate difference in January-November 2020 amounted to 1 billion 148.7 million lei, having increased by 33.5% year on year.

The income of the banks of Moldova from the exchange rate difference in January-November 2020 amounted to 1 billion 148.7 million lei, having increased by 33.5% year on year.

According to the data of the National Bank of Moldova, Moldova-Agroindbank received the largest profit from the exchange rate difference over 11 months in 2020: 309.3 million lei against 246.7 million lei in the same period a year earlier. Moldindconbank, which took the 2nd place in this indicator, in January-November 2020, received income from the exchange rate difference in the amount of about 187.6 million lei (a year earlier - 146.2 million lei). The 3rd place was taken by Mobiasbanca - OTP Group with similar income for 11 months in 2020 amounting to 170.4 million lei against 125.2 million lei in the same period of 2019. Further, in terms of bank income from the exchange rate difference in January-November 2020, follow: Victoriabank - 161.5 million lei (in January-November 2019 - 122 million lei), FinComBank - 78.04 million lei (65.25 million lei), ProCreditBank - 59.58 million lei (34.94 million lei), Energbank - 50.89 million lei (35.16 million lei), Eximbank - 43.16 million lei (28.45 million lei), EuroCreditBank - 35.55 million lei (21.49 million lei), BCR Chisinau - 32.57 million lei (23 million lei), Comertbank - 20.1 million lei (11.75 million lei). // 29.12.2020 - InfoMarket.

News on the subject

The National Bank of Moldova (NBM) has put into circulation a new commemorative coin "My Doctor is My Hero".
The National Bank of Moldova (NBM) has put into circulation a new commemorative coin "My Doctor is My Hero".
The World Bank expressed deep concern over the adoption by the Moldovan parliament of a number of laws that nullify the progress achieved in recent years.
The World Bank expressed deep concern over the adoption by the Moldovan parliament of a number of laws that nullify the progress achieved in recent years.
In the difficult crisis conditions caused by the pandemic, the banks of Moldova approved in 2020 deferred payments to legal entities on loans totaling over 4.8 billion lei, and to individuals - in the amount of almost 2.2 billion lei.
In the difficult crisis conditions caused by the pandemic, the banks of Moldova approved in 2020 deferred payments to legal entities on loans totaling over 4.8 billion lei, and to individuals - in the amount of almost 2.2 billion lei.
The abolition of the so-called “law on the billion” is a very alarming signal for the development partners, investors, jeopardizing the credibility of Moldova in its ability to comply with financial obligations - NBM.
The abolition of the so-called “law on the billion” is a very alarming signal for the development partners, investors, jeopardizing the credibility of Moldova in its ability to comply with financial obligations - NBM.
Moldova runs the risk of being left without a new agreement with the IMF and without external financing in general - Octavian Armasu said.
Moldova runs the risk of being left without a new agreement with the IMF and without external financing in general - Octavian Armasu said.
The National Bank of Moldova (NBM) recommended that commercial banks continue to refrain from paying dividends.
The National Bank of Moldova (NBM) recommended that commercial banks continue to refrain from paying dividends.