Average rate on new deposits attracted in lei lower in September

The new fixed term deposits attracted in September came to 3.670,4 billion lei, down 2.3% on August. The deposits attracted in national currency represented 66.6% and totaled 2.446,1 million lei, an increase of 10.3% on a month before, IPN reports, quoting the National Bank of Moldova.

The average nominal interest rate on new fixed term deposits attracted in lei was 4.29%, by 0.23 percentage points lower than a month before. The average nominal rate on deposits in foreign currencies was 2.19%, up 0.01 percentage points on August.

The deposits of six to 12 months constituted 46.7% of all the fixed term deposits. The deposits made by private individuals with such terms represented 39.3% of all the deposits.

The deposits made by private individuals in September added up to 2.879,9 billion lei, down 7.1% on August. The average rate on deposit attracted in national currency from private individuals declined by 0.31 percentage points to 4.33%. The average rate on deposit attracted in foreign currencies decreased by 0.14 percentage points to 2.26%.


The deposits in national currency made by legal entities in September rose by 61.6%, while the deposits in foreign currencies decreased by 18.9%. Legal entities’ deposits in national currency came to 500.4 million lei, while those in foreign currencies totaled 276 million lei.

The average rate on deposits in national currency attracted from legal entities grew by 0.38 percentage points to 4.17%, while the average rate on deposits attracted in foreign currencies rose by 0.55 percentage points to 1.93%.

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