credits

In August, 26 projects worth MDL 23.33 million were approved under the Farm Credit Program (FCA), Logos Press reported.

The easing of the National Bank’s monetary policy did not affect the cost of credit, leaving demand at almost the same level, Logos Press reported.

World Bank Group experts at the final stage of Moldova’s Financial Sector Assessment Program (FSAP) held a series of meetings with the local expert community on loans to the economy, Logos Press reports.

In June, the total volume of new loans issued by banks amounted to about 7 billion lei, increasing by 6% compared to May. The volume of new term deposits amounted to 3.5 billion lei, decreasing by 15.2% over the month,” Logos Press reported.

The low level of utilization of external loans for the implementation of investment projects continues to be a major problem. Having conducted an audit of public debt management, the Accounting Chamber noted underutilization of credit resources in the fulfillment of debt repayment obligations. Thus, for 12 projects with a low level of utilization, the state nevertheless paid interest and commissions in the amount of about 4.6 million euros.

Monthly summaries of the Ministry of Finance show a decrease in the size of the external public debt – in May it amounted to $4.232 billion and, compared to April, decreased by $123 million or 2.8%. – reports Logos Press.

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.

Banks’ lending resources in the first quarter went mainly to mortgages and trade, with private consumers borrowing in third place,” Logos Press reported.

In April 2025, 801 companies and 298 individuals received financial support in various forms with the help of the Organization for the Development of Entrepreneurship (ODA),” Logos Press reported.

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.

The total amount of loans granted through the state program 373 exceeded 2.7 billion lei, while the volume of investments made in the national economy reached 4 billion lei,” Logos Press reported.