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Category: Banks & Finance
In March 2025, net demand for foreign exchange from legal entities increased by €4.3 million to €242.7 million, Logos Press reported.
The volume of remittances from abroad in favor of individuals in January-March 2025 amounted to $356 million, decreasing by $14.8 million compared to the same period last year.
The validity period of the VAT refund program for eligible agricultural producers has been extended until June 2026 inclusive. The government’s decision is enshrined in Law No. 73 of April 10, 2025 and came into force on April 22, 2025,” Logos Press reported.
The Customs Service of Moldova has transferred to the state budget more than 804.8 million lei of taxes and fees collected from economic entities during the period from April 14 to April 21, – reports Logos Press.
NBM President Anca Dragu and Finance Minister Victoria Belous have traveled to Washington, USA, to discuss partnerships and synchronize their watches. The Moldovan delegation is participating in the Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), held from April 21 to 26,” Logos Press reported.
The volume of funds attracted by banks in March 2025 decreased by 11% – to 4.06 billion lei. The monthly evolution of the bank deposits market since the beginning of the year demonstrates the falling interest of individuals in non-cash storage of funds,” Logos Press reported.
When supplying natural gas and electricity in Moldova, VAT will be paid not by the seller, as it happens today, but by the buyer,” Logos Press reports.
More than half of the credit funds are allocated by banks for consumer needs. Preference is given to mortgages secured by collateralized obligations,” Logos Press reports.
During three months of the current year, the mandatory state social insurance contributions were accumulated in the amount of 6408.4 million lei. This is 23.0% of the annual plan, but by 748.4 million lei or 13.2% more than in the same period last year,” Logos Press reported.
The Moldovan government will contribute 4.03 million euros to increase the authorized capital of the European Bank for Reconstruction and Development. This is stipulated by the relevant amendments to the agreement on the establishment of the EBRD and on Moldova’s participation in the increase of the bank’s capital. The parliament approved these amendments in the first reading.
Yesterday, on April 17, 2025, the Association of Banks of Moldova (ABM), as NASO – National Accession Support Organization, submitted to the European Payments Council the first accession documents to join the Single Euro Payments Area (SEPA) – reports Logos Press.
Some 12% of small businesses report complete credit constraints from banks. A World Bank study on the availability of finance for SMEs presented today points to acute problems on the demand side,” Logos Press reports.
