Banking Performance Ranking, June 2018
Automatically translated summary. The full text is available in Romanian.
At the end of June 2018, Moldova's banking sector was still characterised by excess liquidity that struggles to find a counterpart in the real economy. The Independent Think Tank “Expert-Grup” ranks the banks individually, with Moldova-Agroindbank, Mobiasbanca and Moldindconbank leading the standings.
Capital adequacy remains above 30% across the sector, and banks keep earning profit through solid margins, positive exchange-rate differences and monetary policy instruments. Accumulated profit reached about MDL 936 million, held back by losses at BC Eximbank (MDL -17.5 million), whose monthly profitability has since turned positive.
Lending is picking up slightly, but not enough to improve intermediation. The total loan stock stands at MDL 33.2 billion, and housing loans to individuals have grown by about MDL 400 million since the start of the year, the first results of the “Prima casă” programme. Non-performing loans account for 14.7%, ranging from 6% to 35% by bank. ProCreditBank and BCR Chișinău made notable gains, and the ranking also names leaders in capital, liquidity, asset quality, return on capital and loan market share.
Recent publications from Financial sector
See all
Monitoring Report on the Implementation of the State Property Management Strategy for State-Owned Enterprises and Companies with Fully or Majority State Capital
Position Paper. The Involution of the Budget Process in the Republic of Moldova
Position Paper “Government Factoring – a Solution for Reviving Moldova’s Agricultural Sector”
