The new term deposits in May came to 3.118,1 billion lei, an increase of 19.3% on April. 64.2% of these deposits were attracted in national currency, IPN reports, quoting the National Bank of Moldova.
The average nominal rate on deposits in national currency decreased by 0.62 percentage points on a month before to 7.64%, while on deposits in foreign currencies grew by 0.03 percentage points to 2.16%.
The deposits for six to 12 months represented 38.5% of all the term deposits. Private individuals’ deposits for such a term continued 29.54% of all the deposits.
The deposits made by private individuals in May totaled 2.308,8 billion, up 27.5% on a month before.
Compared with the previous month, the average rate on new term deposits in national currency attracted from private invidiously rose by 0.57 percentage points to 8.28%. The average rate on deposits in foreign currencies grew by 0.01 percentage points to 2.5%
The legal entities in May made deposits in national currency at an average rate of 5.77%, up 0.79 percentage points, while in foreign currencies – at an average rate of 1.24%, down 0.28 percentage points. The deposits in national currency of legal entities grew by 34.1%, while in foreign currencies diminished by 23.6%.
- The state does not consider raising the retirement age, but admits that the system needs to be adjusted
- Exports from Moldova, on the rise at the beginning of the year
- Hundreds of Lufthansa flights cancelled and hubs paralyzed in Germany due to employee strike
- The amalgamated localities will decide on their own the administrative center and the name of the new entity
- The state of emergency remains in effect until the assurance of energy security
