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Category: Banks & Finance
Despite the general growth of citizens’ savings in the banking system, the interest in placing funds in accounts is falling, which indicates a decline in confidence and profitability of such savings, – reports Logos Press.
Demand for new financial products is falling due to stagnating real incomes and tighter credit conditions, Logos Press reported.
From December 19 this year, the National Bank of Moldova has put into circulation a commemorative coin “Moldova in the Single Euro Payments Area”, – reports Logos Press.
The Moldovan government will apply to the European Bank for Reconstruction and Development for an additional loan of 150 million euros to complete the repair and reconstruction of two roads of strategic importance, Logos Press reported.
The IMF sees no room for further easing of monetary policy under the current conditions of rising core inflation, urging the National Bank to be cautious, Logos Press reports.
The list of persons filing income and asset declarations will include providers of audiovisual services, periodicals, press agencies and non-profit organizations financed from the state budget and foreign aid projects, Logos Press reported.
The execution of the state social insurance budget for the first 11 months of 2025 ended with a slight deficit of 27.1 million lei, showing a slight deviation from the plan, Logos Press reported.
Consumers who took out a mortgage loan to purchase their first home will be able to take advantage of a tax deduction for interest paid. The benefit will apply to mortgages purchased starting in 2025, according to Logos Press.
The National Bank of Moldova (NBM) is launching online information about the official exchange rate of the Moldovan leu. It will be accompanied by a digital signature confirming its authenticity, according to Logos Press.
The Ministry of Finance intends to use part of the WB loan for modernization of state procurement to pay 8 consultants, whose selection will take place by February next year through an announced tender, – Logos Press reports.
At its last meeting of the year, the US Federal Reserve cut its benchmark interest rate by 25 basis points to 3.5-3.75%, Logos Press reported.
As of December 15, the National Bank of Moldova (NBM) assumed the chairmanship of the Group of Banking Supervisory Authorities of Central and South-Eastern Europe (BSCEE), which will last for a year, – Logos Press reports.
