Ирина Коваленко
While during May 2025 the positive dynamics of lending was maintained, thanks to consumer borrowing, the first week of June saw a decline in the volume of loans issued in local currency,” Logos Press reported.
About 80 percent of the newly attracted funds in the banking system are in the national currency, and the same percentage of funds reflect the saving sentiment of individuals,” Logos Press reported.
Execution of surplus budgets for Social Security and Medicare in 2024 could have been even better if not for shadow payments by businesses,” Logos Press reports.
At the end of May, at the invitation of the Moldovan government, Vienna Insurance Group (VIG) applied for the acquisition of 80% of MOLDASIG S.A. shares, – reports Logos Press.
This week, the government approved a single package of amendments to a number of laws establishing standards of activity on the financial and capital markets. Consumers of financial services will receive real protection: the powers of the National Commission for Financial Market (NCFM) will be expanded.
In May, demand for foreign currency from business entities was covered by supply from individuals by 86.4%, compared to 91.8% in April,” Logos Press reported.
Are you quietly perplexed when account maintenance in different banks is called differently? When a free pension or social security account is debited every month? When transactions are priced ahead of other countries’ payment systems? You are not alone…
Profitability of the banking system is ensured by income from lending and investment activities at the expense of foreign funds against the background of poor security with own funds, – reports Logos Press.
The Executive Committee of the National Bank of Moldova at its meeting on June 19, 2025 unanimously decided to keep the prime rate at 6.5% per annum, – reports Logos Press.
Banks’ lending resources in the first quarter went mainly to mortgages and trade, with private consumers borrowing in third place,” Logos Press reported.
The government has expanded the powers of the National Commission for Financial Market (NCFM) to ensure real protection for consumers of financial services,” Logos Press reported.
In the first quarter of 2025, the population was less active on the local labor market: all statistical indicators of employment in Moldova decreased,” Logos Press reports.
