The 2020 net profit of Moldova’s banks amounted to 1 billion 650.35 million lei, having decreased by 609.51 million (-27%), compared to 2019.

The 2020 net profit of Moldova’s banks amounted to 1 billion 650.35 million lei, having decreased by 609.51 million (-27%), compared to 2019.

According to the National Bank of Moldova, 10 out of 11 banks gained profit in 2020 and 1 bank suffered losses. At the same time, about 1 billion 485 million lei (90% of the total net profit) accounted for 4 banks: Moldova-Agroindbank, Moldindconbank, Mobiasbanca - OTP Group and Victoriabank. Another 191.7 million lei of net profit was earned by 6 banks, and 1 of the banks suffered losses of 26.32 million lei. At the same time, 9 out of 10 banks that had a profit in 2020 decreased it compared to 2019, and 1 bank was able to increase the profit. As follows from the data provided by the National Bank, in particular, in 2020 the largest net profit was received by the following banks: Moldova-Agroindbank - 646.2 million lei (in 2019 - 703.67 million lei), Moldindconbank - 432.2 million lei (678.41 million), Victoriabank - 261.75 million lei (317.48 million) and Mobiasbanca - OTP Group - 144.83 million lei (246.84 million). Next, in terms of net profit in 2020, follow: FinComBank - 55.31 million lei (in 2019 - 75.89 million lei), Energbank - 45.52 million lei (47.48 million lei), ProCreditBank - 39.97 million lei (87.58 million), BCR Chisinau - 23.74 million lei (24.7 million), EuroCreditBank - 14.07 million lei (13.38 million), Comertbank - 13.09 million lei (20.28 million), and Eximbank in 2020 suffered losses of 26.32 million lei against a net profit of 44.13 million lei a year earlier. // 21.01.2021 - InfoMarket.

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