In November, according to NBM data, the volume of individuals’ deposits (in national and foreign currency) amounted to 2,702 billion lei, down by 11% compared to the previous month. The amount of money placed by the population in the form of term deposits in commercial banks decreased for the third month in a row. In August, the population placed 2.313 billion lei on lei accounts, in September – 2.307 billion lei, in October – 2.158 billion lei, in November – 2.007 billion lei (-7%).
At the same time, the level of lei deposits increased year-on-year, thanks to previous savings. In November this year, compared to November 2024, deposits of individuals in national currency increased by 48%, while those in foreign currency decreased by 14%. Deposits with terms of 2 to 5 years and 6 to 12 months were the most demanded, accounting for 45.8% and 25.8% of total deposits of individuals, respectively.
Economists consider two possible reasons: the decline in purchasing power and growth of current expenditures, firstly, and the lack of confidence in the banking system against the background of declining profitability of savings deposits – secondly. In November, the average rate on deposits attracted from individuals in national currency amounted to 5.35% at an annual inflation rate of 7%.
In November 2025, the total amount of funds attracted by banks on deposit accounts amounted to 3.566 billion lei, down by 20.3% compared to October. Among them, deposits attracted in national currency accounted for 74.8% and amounted to 2, 666 billion lei, down by 14.7% compared to the previous month. Deposits attracted in foreign currency amounted to 900.4 million lei, which is by 33.3% less as compared to the previous month.
