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Incomes of Moldovan banks from exchange rate differences in January-May 2021 amounted to 428.69 million lei, decreasing by 39.93 million (-8.5%) compared to the same period in 2020.

Incomes of Moldovan banks from exchange rate differences in January-May 2021 amounted to 428.69 million lei, decreasing by 39.93 million (-8.5%) compared to the same period in 2020.

According to the data of the National Bank of Moldova, the largest profit from the exchange rate difference for 5 months this year received Moldova-Agroindbank: 115.68 million lei (a year earlier - 118.39 million lei). Moldindconbank took 2nd place in this indicator. In January-May 2021, it received income from the exchange rate difference in the amount of about 74.58 million lei, while in the same period a year earlier this figure was 77.49 million lei. 3rd place was taken by Mobiasbanca - OTP Group, which has similar income for 5 months 2021 amounted to 64.09 million lei against 70.74 million lei in the same period of 2020. Further, in terms of the income of banks from the exchange rate difference in January-May 2021, follow: Victoriabank - 55.02 million lei (in January- May 2020 - 71.63 million), FinComBank - 29.23 million lei (32.08 million), ProCreditBank - 23.23 million lei (27.8 million), Energbank - 17.77 million lei (19.7 million), Eximbank - 17 million lei (18.2 million), BCR Chisinau - 12.18 million lei (15.85 million), EuroCreditBank - 11.09 million lei (9.79 million), Comertbank - 8.8 million lei (6.93 million). // 16.07.2021 - InfoMarket

News on the subject

E-commerce in Moldova is growing, more and more consumers make purchases on the Internet - Ministry of Economy and Infrastructure.
E-commerce in Moldova is growing, more and more consumers make purchases on the Internet - Ministry of Economy and Infrastructure.
The share of loans issued by banks of Moldova to resident legal entities as of the end of May 2021 amounted to 60.9%, up 1 percentage point versus the previous month.
The share of loans issued by banks of Moldova to resident legal entities as of the end of May 2021 amounted to 60.9%, up 1 percentage point versus the previous month.
Moldova’s total debt to bilateral creditors decreased in the first quarter of 2021 by $38.19 million (-20.5%), amounting to $147.94 million at the end of March.
Moldova’s total debt to bilateral creditors decreased in the first quarter of 2021 by $38.19 million (-20.5%), amounting to $147.94 million at the end of March.
Inguna Dobraja has become the new World Bank Country Manager for Moldova since July 1.
Inguna Dobraja has become the new World Bank Country Manager for Moldova since July 1.
Moldova-Agroindbank retains the 1st place in terms of the volume of loans issued with an indicator of 16 billion 403 million lei (33.7% of the total amount) as of the end of May 2021.
Moldova-Agroindbank retains the 1st place in terms of the volume of loans issued with an indicator of 16 billion 403 million lei (33.7% of the total amount) as of the end of May 2021.
The National Bank of Moldova (NBM), on the IMF recommendation, will make a number of amendments to the Regulation on Liquidity Assistance in Emergency Situations.
The National Bank of Moldova (NBM), on the IMF recommendation, will make a number of amendments to the Regulation on Liquidity Assistance in Emergency Situations.