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Loans repayable in two to five years are most popular


https://www.ipn.md/en/loans-repayable-in-two-to-five-years-are-most-popular-7966_1039513.html

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.