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Moldova: The volume of new loans in November 2021 amounted to 3 billion 854.6 million lei, 32% more than in November 2020.

Moldova: The volume of new loans in November 2021 amounted to 3 billion 854.6 million lei, 32% more than in November 2020.

According to the National Bank, at the same time, the share of loans issued in national currency amounted to 68.1% of the total amount, in foreign currency - 30.5%, and loans pegged to foreign currency exchange rate - 1.4%. The volume of new loans in national currency amounted to 2 billion 625.3 million lei, down 15.5%, compared to the previous month, but up 36.1%, compared to November 2020. The volume of new loans granted in foreign currency, converted into MDL, amounted to 1 billion 173.7 million lei, up 3.8%, compared to the previous month, and up 25.1% compared to November 2020. The volume of granted loans, pegged to the foreign currency exchange rate, amounted to 55.5 million lei, up 25.2%, compared to the previous month, as well as up 5%, compared to November 2020. As far as the terms of granted credits are concerned, the most demanded were loans granted for a term of 2 to 5 years (53.2% of the total amount of loans), where loans granted to legal entities accounted for the bulk of 35.4% of the total amount of granted credits. Loans in national currency comprised mainly loans granted to individuals (48.1% share) and loans granted to non-financial commercial companies (46.3% share). At the same time, 48.5% of the latter category of loans were issued for trade. Loans in foreign currency, were mostly demanded by non-financial businesses (96.8% share), the largest share (60%) was for trade. // 29.12.2021 – InfoMarket

News on the subject

The volume of transactions carried out in the III quarter of 2021 with bank cards issued in Moldova, in comparison with the same period in 2020, increased by 31.6% - up to 25 billion 922.2 million lei.
The volume of transactions carried out in the III quarter of 2021 with bank cards issued in Moldova, in comparison with the same period in 2020, increased by 31.6% - up to 25 billion 922.2 million lei.
Moldova's monetary base decreased by 2 billion 329.9 million lei (-4%) in November 2021, compared to the previous month, amounting to 56 billion 189.7 million lei.
Moldova's monetary base decreased by 2 billion 329.9 million lei (-4%) in November 2021, compared to the previous month, amounting to 56 billion 189.7 million lei.
Banks, non-bank credit institutions and savings and loan associations will be obliged to comply with the requirements of responsible lending.
Banks, non-bank credit institutions and savings and loan associations will be obliged to comply with the requirements of responsible lending.
As part of the investigation of the "theft of a billion", a criminal case against the former special administrator of Unibank was completed and submitted to the court.
As part of the investigation of the "theft of a billion", a criminal case against the former special administrator of Unibank was completed and submitted to the court.
The net profit of the banks of Moldova in January-November 2021 amounted to 2 billion 149.8 million lei, an increase of 617 million (+ 40.3%), compared to the same period in 2020.
The net profit of the banks of Moldova in January-November 2021 amounted to 2 billion 149.8 million lei, an increase of 617 million (+ 40.3%), compared to the same period in 2020.
The total amount of loans issued by banks of Moldova as of the end of October 2021 amounted to 54 billion 127.9 million lei, up over the month by 771.6 million lei (+ 1.4%).
The total amount of loans issued by banks of Moldova as of the end of October 2021 amounted to 54 billion 127.9 million lei, up over the month by 771.6 million lei (+ 1.4%).