December 22 (SeeNews) - The value of Moldovan banks' outstanding loans to the private sector dropped 7.4% year-on-year to 40.3 billion lei ($2 billion/1.9 billion euro) at end-November, slowing down from a 8.4% fall in October, the country's central bank, BNM, said on Thursday.
Private lending in lei fell 11.2% on the year to 21.8 billion lei in November, compared to a 11.6% drop in October, BNM said in a statement.
Private lending in foreign currency fell 2.5% to 18.4 billion lei, decelerating from a 4.3% drop in October.
Details follow (in billions of lei, nominal change in percent):
|
Nov, bln lei |
Nov y/y |
Oct y/y |
Private lending (total) |
40.380 |
-7.4 |
-8.4 |
Private lending in lei |
21.883 |
-11.2 |
-11.6 |
- non-banking financial sector |
0,736 |
14.3 |
10.6 |
- non-fin cos with a majority public capital |
1.07 |
17.6 |
24.0 |
- non-fin cos with majority private capital |
12.904 |
-19.3 |
-18.8 |
- other resident sectors (individuals, etc.) |
7.171 |
1.0 |
-1.8 |
Private lending in foreign currency |
18.496 |
-2.5 |
-4.3 |
- non-banking financial sector |
0.897 |
4.1 |
10.1 |
- non-fin cos with a majority public capital |
0,695 |
-18.7 |
-22.4 |
- non-fin cos with majority private capital |
16.576 |
-2.0 |
-4.2 |
- other resident sectors (individuals, etc.) |
0,327 |
-4.7 |
-1.2 |
Source: BNM
(1 euro = 20.9624 Moldovan lei)