Moldova-Agroindbank, Mobiasbancă, Moldindconbank and Victoriabank top in descending order the rankings of the commercial banks with the best performance. These banks continued to excel in terms of profitability and market indicators and accounted for about 88% of the profit made at sector level and for 79% of the bank assets. The rankings were compiled by experts of the independent think tank “Expert-Grup”, IPN reports
At the end of this March, the banks with the most solid capital basis in relation to assets were: Eximbank; BCR Chisinau and Commerzbank. The banks with the largest liquid assets were: Victoriabank; Eximbank and Moldindconbank. The banks with assets of the highest quality were: EuroCreditBank; ProCredit Bank and Fincombank. The banks with the highest return on capital were: Moldova-Agroindbank; Victoriabank and Moldindconbank, while the banks with the largest market share by the loan portfolio were: Moldova-Agroindbank; Moldindconbank and Mobiasbancă.
According to author Dumitru Pîntea, at the end of March and the first quarter of 2019, the bank activity indicators showed a stable situation in the sector. The main financial and prudential indicators were within limits or even exceeded the limits allowed by the central bank, which points to a comfortable situation for now.
The quality of assets continued to improve and the nonperforming loans represented about 11.5% of the loans, oscillating between 5% and 29%, depending on the bank. The volume of own funds is for now sufficiently consistent for covering eventual unexpected socks.
The total balance of loans at the end of this March was by about 13% or 4.1 billion lei higher than last March. The loans released to private individuals, who became more active as regards real estate and consumption, accounted for 70% of this growth. The volume of financing provided in national currency tended to consolidate, reaching 63.1%, being followed by the financing in euro with a share of about 25.3%.
