Expert-Grup

Moldova Banking Performance Ranking – Interactive Application (October 2017)

Sectorul financiarTuesday, 28 November 20177277 views

Automatically translated summary. The full text is available in Romanian.

Independent Think Tank “Expert-Grup” has published the third edition of its interactive application, the Moldova Banking Performance Ranking, updated monthly. The latest edition reflects the performance of Moldova's commercial banks at the end of October 2017, as the sector moves towards Basel III standards.

The banking sector is consolidating and being cleaned up at an accelerated pace. The National Bank of Moldova's loan reassessment measures raised provisions at some banks and strengthened capital, leaving the sector well capitalised. Banks nonetheless bear opportunity costs, reflecting the underdeveloped financial system and weak intermediation.

The ranking is led by four systemically important banks: MAIB, Mobiasbanca, Moldindconbank (MICB) and Victoriabank. They excel in profitability and market indicators, but MAIB, Victoriabank and MICB remain under intensive monitoring and early intervention owing to shareholder-related vulnerabilities, risky exposures and weaker asset quality. Category leaders include BCR Chișinău on capitalisation, FinComBank on asset quality and MAIB on market share. The ranking is not a guide for placing savings or raising financing; it is an information source.