The new loans provided by banks last month came to 2.906,9 billion lei, an increase of 12.8% on last November. In terms of the repayment period, the loans repayable in two to five years were the most attractive ones, representing almost half of the released loans. The loans granted to legal entities constituted 35.5% of the released loans, IPN reports.
According to the National Bank of Moldova, the loans in national currency represented 61.3%, in foreign currencies – 36.5%, while those linked to the exchange rate of the currency – 2.2%.
The loans in Moldovan lei represented 1.781,7 billion lei, a decrease of 4.6% on a month before, but up 12.6% on November 2018. The loans in foreign currencies recalculated in Moldovan lei totaled 1.061,5 billion lei, down 24.0% on a month before and up 15.5% on last November.
The average interest rate on new loans in national currency was 8.43%, on those in foreign currencies – 4.39%. The average rate for private individuals was 8%, for legal entities – 8.71%, while for persons who practice an activity – 9.62%.
The average rate on loans in foreign currencies released to private individuals was 3.68%, while on those released to legal entities – 4.4%.