Bank Performance Ranking, March 2019
Automatically translated summary. The full text is available in Romanian.
At the end of March 2019, the first quarter of the year, Moldova's banking sector showed stable results, according to the bank performance ranking. Key financial and prudential indicators stay within or above the limits set by the central bank, and the sector remains profitable, adequately capitalised and highly liquid in the short term.
Solvency ranges from 21% to 72% depending on the bank. Short-term resources are in excess, but long-term ones less so, as banks rely on short-term deposits that can hardly support long-term investment lending. The non-performing loan rate is about 11.5%, ranging from 5% to 29%. Banks earned a profit of MDL 526.7 million in Q1 2019, MDL 115 million more than a year earlier.
The total loan balance grew by about 13% year on year, or MDL 4.1 billion, with 70% of the increase going to individuals. Lending in national currency accounts for 63.1% and in EUR for about 25.3%. The ranking is led by Moldova-Agroindbank, followed by MobiasBanca, Moldindconbank and Victoriabank, which hold about 88% of sector profit and 79% of assets.
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