Banking Performance Ranking, December 2018
Automatically translated summary. The full text is available in Romanian.
Financial results reported by Moldovan banks at the end of 2018 point to a stable sector, according to the December 2018 banking performance ranking. Key financial and prudential indicators are within, or even above, the limits set by the central bank, while profits continue to accumulate.
Capital solvency ranges from 21% to 62% across banks, short-term liquidity stands at about 55%, and the non-performing loan ratio is around 12.5% (5–31% depending on the bank). Net profit reached MDL 1.6 billion, roughly MDL 100 million more than a year earlier, but this pace may be hard to sustain, as profitability reflects a short-term effect of monetary policy rather than lending expansion.
The loan stock rose about 6%, or MDL 2 billion, to MDL 35.5 billion, still below the roughly MDL 42 billion seen before the banking crisis. Growth relies on consumer and real estate loans. Moldova-Agroindbank, Moldindconbank and Mobiasbanca top the ranking, holding about 81% of sector profit and 62% of assets.
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