The new loans provided in September came to 4.648.3 billion lei, an increase of over 6% on August. Almost 71% of these were loans in national currency, which totaled 3.295,3 billion lei, a decrease of 0.7 percentage points on a month before, IPN reports.

The National Bank of Moldova said the loans repayable in two to five years remained the most popular ones with a share of almost 60.4% of the total loans released. Such loans provided to legal entities constituted 42.8% of all the loans.

Private individuals in September raised loans totaling 1.247,9 billion lei, down 15.8% on August, with 70.6% of these being consumer loans. Most of these loans (758.7 million lei) were provided in national currency for a period of two to five years.

The real estate loans represented 28.8% of all the loans and were provided to private individuals. They were raised primarily in national currency (99.2% of all real estate loans).

Against August, legal entities took out by 12% more loans in national currency, by 27.7% more loans in foreign currencies and by 24.9% more loans that are linked to the exchange rate. Some 69% of the new loans were raised by non-financial commercial organizations.

The average rate on loans provided to legal entities in national currency decreased by 0.22 percentage points to 10.88%. At the same time, the average rate on loans provided in foreign currencies rose by 0.28 percentage points to 6.95%.