Moldova Agroindbank, Mobiasbancă and Moldindconbank head the rankings of the commercial banks with the best performance. These excel in terms of profitability and market indicators, accounting for about 80% of the profit made in the sector and for 68% of all the banking assets. The rankings were compiled by experts of the independent think tank “Expert-Grup” , IPN reports.

According to the experts, the commercial banks at the end of July had higher financial and prudential indicators both individually and aggregately. Even if new requirements for determining the level of capital and credit risk exposure took effect, the capital adequacy ratio remained at an appropriate level, of about 27% for the whole banking sector, with oscillations of 19.6% to 63% at individual level.

The banking sector continued to have liquidity in excess and also continued to make profit. The profit rose to 1.1 billion lei at the end of July, being negatively influenced by the loses calculated by Eximbank, of 40.6 million lei.

The volume of released loans in July came to 33.4 billion lei, an increase of about 219 million lei from June. The loans provided to the food industry and the consumer loans made the greatest contribution. The loans released to the trade sector and those typical of the energy sector decreased in volume the most.

The volume of loans provided to private individuals for purchasing and/or building a home grew by about 88 million lei on June.

At end-July, the nonperforming loans represented about 14.4%, varying between 5% and 35%, depending of the bank.