The new term deposits this September came to 2.804,1 billion lei, an increase of 4.3% on last September. The new deposits of private individuals represented 71.8%. 39.4% of the deposits were attracted in national currency, while 32.4% in foreign currencies, IPN reports, quoting the National Bank of Moldova.

Deposits repayable in two to five years represented 35% of all the term deposits. Private individuals’ deposits for such a term continued 25.4% of all the deposits.

The average rate on deposits in national currency was 3.19%, while on deposits in foreign currencies – 0.36%.

Compared with the previous month, the average rate on new term deposits in national currency rose by 0.06 percentage points. The legal entities made deposits at an average rate of 2.42%, the private individuals practicing entrepreneurial activities – at an average rate of 2.31%, while the private individuals – at an average rate of 3.63%.

On new term deposits in foreign currencies, the average rate decreased by 0.08 percentage points. The legal entities made deposits at an average interest rate of 0.41%, the private individuals practicing entrepreneurial activities – at an average rate of 0.5%, while the private individuals – at an average rate of 0.36%.

Compared with September 2020, the average rates on deposits in national currency and in foreign currencies decreased.