Banks of Moldova in 2021 kept liquidity indicators at a high level, above the regulated limits - NBM.
This was announced by the National Bank of Moldova, assessing the financial situation in the banking sector last year, and noting that, in particular, the long-term liquidity ratio (liquidity principle I) in the banking system of Moldova at the end of 2021 amounted to 0.74 at the maximum allowable level 1 (limit ≤1), varying from 0.35 to 0.89 and being almost at the level of the end of 2020. Liquid assets amounted to 57.6 billion lei, and current liquidity by sector (liquidity principle II) amounted to 48.6 % (limit ≥20%), ranging from 34.6% to 63.3%, decreasing by 2.1 percentage points compared to the end of the previous year. In the structure of liquid assets of the banking sector, the largest share accounted for the item "deposits with the NBM" - 39.5%, followed by liquid securities - 30.1%, current net interbank funds - 20.3% and cash and other cash values - 10.1%. Compared to the end of the previous year, the share of deposits with the NBM decreased by 3.4 percentage points, due to the decrease in the required reserve ratios in banks from 32% to 26%, the share of liquid securities decreased by 1.3 percentage points and the share of cash - also by 1.3 p.p. Herewith, the share of net interbank funds increased by 6 p.p. According to the National Bank, liquidity principle III, which represents the ratio between the adjusted actual liquidity and the required liquidity for each maturity and should not be less than 1 for each maturity, is observed by all banks, varying from 1.69 for maturity to 1 month inclusive, up to 120.89 for a period of 1 to 3 months inclusive. The National Bank emphasizes that the indicator of liquidity needs coverage in the sector amounted to 358.5% (limit ≥ 70% from January 1, 2021) and varies from 187.1% to 792.7%, an increase of 40.5 p.p. compared to the end of the previous year. According to the NBM, according to reports submitted by banks, at the end of 2021, the total equity rate in the banking sector amounted to 25.9%, which is 1.4 p.p. lower compared to the situation at the end of 2020 and varied in banks between 18.9% and 46.9%. All banks complied with the Total Equity Rate indicator (≥ 10%). In addition, all banks met the requirement of the Total Equity Rate indicator, taking into account capital buffers. Meanwhile, for two banks (as of 31.03.2021 and 31.07.2021 - one bank and as of 30.04.2021 and 31.05.2021 - another bank), the indicator of the total rate of total equity, including taking into account the capital buffer, was lower than required. At the same time, in accordance with the decision of the Executive Committee of the NBM of April 3, 2020, the temporary use of the capital conservation buffer is not considered a violation.// 18.03.2022- InfoMarket.
