Loans repayable in two to five years are most popular

The most popular loans in foreign currency last December were the loans repayable in two to five years. These represented 46.63% of all the loans in foreign currency. These are provided at an average interest rate of 4.72%, IPN reports.

According to the National Bank of Moldova, in the reporting month the new loans in foreign currency included mainly loans released to private individuals. These represented 99.38% of all the loans in foreign currency.  

The loans released to legal entities made up 68.34% of the new loans in national currency. The average weighted interest rate on new loans provided in national currency to private individuals and legal entities represented 9.58%. Compared with a month before, the average weighted interest rate decreased by 0.30 percentage points.

The deposits of six to 12 months, attracted at an average interest rate of 5.64%, were the most popular ones. These represented 42.04% of all the deposits in national currency.

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