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Banks of Moldova are ready to meet the needs of farmers and find solutions for each individual case.

Banks of Moldova are ready to meet the needs of farmers and find solutions for each individual case.

This was stated during a meeting of representatives of commercial banks and the Forta Fermierilor (Farmers' Power) Association, attended by Deputy Prime Minister and Minister of Agriculture and Food Industry Vladimir Bolea and First Vice President of the National Bank of Moldova Vladimir Munteanu. The issues discussed concerned farmers' current problems in the context of unprecedented shocks related to market conditions and price dynamics at the global level, and the search for solutions both for the current situation and for the future. During the debate, it was reiterated that the banking sector is an important pillar for maintaining the country's financial stability, and any decision should be taken cautiously and responsibly. Representatives of commercial banks expressed their willingness to find solutions for each individual case, as well as in a joint effort with all participants, and also noted the desire to finance business plans, urging farmers to propose reliable projects. // 26.06.2023 - InfoMarket.

News on the subject

The Parliament of Moldova adopted in the first reading a draft law on the interpretation of a number of articles of the Law on Banking Activity, relating to the ownership of bank shares.
The Parliament of Moldova adopted in the first reading a draft law on the interpretation of a number of articles of the Law on Banking Activity, relating to the ownership of bank shares.
The level of coverage of deposits in the banking system of Moldova will increase in 2023 to 100 thousand lei, and in 2025 - up to 200 thousand lei.
The level of coverage of deposits in the banking system of Moldova will increase in 2023 to 100 thousand lei, and in 2025 - up to 200 thousand lei.
The net profit of Moldovan banks in January-May 2023 amounted to 2 billion 035.3 million lei, an increase of 604.4 million lei (+42.2% compared to the same period in 2022)
The net profit of Moldovan banks in January-May 2023 amounted to 2 billion 035.3 million lei, an increase of 604.4 million lei (+42.2% compared to the same period in 2022)
The volume of deposits in lei attracted by Moldovan banks at the end of April 2023 amounted to 65 billion 556.7 million lei, having increased over the month by 2 billion 045.3 million lei (+ 3.2%).
The volume of deposits in lei attracted by Moldovan banks at the end of April 2023 amounted to 65 billion 556.7 million lei, having increased over the month by 2 billion 045.3 million lei (+ 3.2%).
MAIB retains the 1st place in terms of the volume of loans issued with an indicator of 22 billion 863.7 million lei (37.3% of the total) at the end of April 2023.
MAIB retains the 1st place in terms of the volume of loans issued with an indicator of 22 billion 863.7 million lei (37.3% of the total) at the end of April 2023.
Foreign exchange earnings of Moldovan banks in January-April 2023 amounted to 464.3 million lei, down by 45.1 million (-8.8%) from the same period in 2022.
Foreign exchange earnings of Moldovan banks in January-April 2023 amounted to 464.3 million lei, down by 45.1 million (-8.8%) from the same period in 2022.