Bank Performance Ranking, October 2018
Automatically translated summary. The full text is available in Romanian.
At the end of October 2018, the main financial and prudential indicators of Moldova's banks remained within the limits set by banking legislation, with a strong emphasis on high short-term liquidity. The Independent Think Tank “Expert-Grup” ranking places three systemically important banks at the top of the sector.
The total own funds ratio stood at about 27.7% for the whole sector, against a National Bank of Moldova limit of 10%. Liquidity was around 55%. Banks' profit reached MDL 1.47 billion, negatively affected by the loss of a single bank, BC Eximbank (MDL -88.9 million). Non-performing loans were about 13.3%, ranging from 6% to 33% by bank.
Lending grew by 5% year on year to MDL 34.9 billion as interest rates fell, but growth came mainly from real estate and consumer lending, while agriculture, trade and food industry were flat or declining. The top three were Moldova-Agroindbank, MobiasBanca and Moldindconbank, which hold about 83% of sector profit and 61% of assets. Leaders were also named for capital strength, liquid assets, asset quality, return on capital and loan market share.
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