Bank Performance Ranking, September 2018
Automatically translated summary. The full text is available in Romanian.
At the end of September 2018, Moldova's banking sector continued to accumulate profit, according to the Bank Performance Ranking. Key financial and prudential indicators stayed within legal limits, with very high short-term liquidity, while lending recorded its most active positive trend in the past two years.
Cumulative profit reached MDL 1.34 billion, held back by the losses of a single bank, BC Eximbank (MDL -87.4 million). The total own funds ratio was about 27.9%, against a National Bank of Moldova limit of 10%, and liquidity stood at about 55%. The non-performing loan ratio was around 13.5%, ranging from 5% to 33% by bank.
The total loan stock rose 2.2% year on year to MDL 34.6 billion. Loans in national currency grew by 6.3%, while foreign-currency loans fell by 3.6%. Compared with August, food industry loans (+MDL 205 million), production and trade (+MDL 146 million each) and property loans (+MDL 132 million) contributed most. Moldova-Agroindbank, MobiasBanca and Moldindconbank top the ranking. They account for about 84% of sector profit and 61% of bank assets.
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