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The net profit of the banks of Moldova in January-August 2021 amounted to 1 billion 417.96 million lei, an increase of 430.48 million (+ 43.6%), compared to the same period in 2020.

The net profit of the banks of Moldova in January-August 2021 amounted to 1 billion 417.96 million lei, an increase of 430.48 million (+ 43.6%), compared to the same period in 2020.

According to the National Bank of Moldova, the profit for 8 months this year received all 11 banks. At the same time, about 1 billion 226.23 million lei (86.5% of the total net profit) accounted for four banks: Moldova-Agroindbank, Moldindconbank, Victoriabank and OTP Bank. About 191.73 million lei of net profit were earned by the remaining 7 banks. Herewith, for 10 out of 11 banks that made a profit for the specified period of 2021, its volumes increased in comparison with the same period in 2020, and for 1 bank, the amount of profit decreased. As follows from the data provided by the National Bank of Moldova, in particular, in January-August 2021, the largest net profit was received by: Moldova-Agroindbank - 430.26 million lei (in January-August 2020 - 393.57 million lei), Moldindconbank - 388.66 million lei (261.54 million), Victoriabank - 217.36 million lei (141.69 million) and OTP Bank - 189.95 million lei (59.25 million). Further, in terms of net profit for 8 months of 2021 follow: ProCreditBank - 61.19 million lei (15.23 million lei), FinComBank - 45.56 million lei (38.01 million lei), Energbank - 32.66 million lei (25.62 million lei), Eximbank - 26.51 million lei (14.44 million lei), Comertbank - 12.26 million lei (10.05 million), EuroCreditBank - 10.67 million lei (8.96 million), BCR Chisinau - 2.88 million lei (19.15 million). As InfoMarket agency reported earlier, the net profit of Moldovan banks in 2020 amounted to 1 billion 650.35 million lei, decreasing by 609.51 million (-27%) compared to 2019. // 20.09.2021 — InfoMarket

News on the subject

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Transactions carried out in the second quarter of 2021 with bank cards issued in Moldova increased by 42.4% - up to 24 billion 056.6 million lei.
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Money stolen from the banking system of Moldova can be recovered in two ways: criminal and civil, and for this it is necessary to develop a new Strategy - the Prosecutor General's Office.
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Net profit of the banking sector of Moldova in H1 2021 amounted to 941.7 million lei, up 34% (+238.9 million lei) year on year.
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Moldova has the right to demand from the Russian “Gazprombank” the return of $100 million withdrawn from the BEM accounts within the framework of the “theft of the billion” - Prosecutor General stated.