April 21 (SeeNews) - The value of Moldovan banks' outstanding loans to the private sector decreased 8.8% year-on-year to 38.75 billion lei ($2.01 billion/1.87 billion euro) in March, compared to a 7.2% annual fall in February, the central bank, BNM, said on Friday.
Private lending in lei fell 8.9% on the year to 21.50 billion lei in March, compared to a 9.1% annual drop in February, BNM said in a statement.
Private lending in foreign currency fell 8.6% to 17.24 billion lei, accelerating from a 4.8% drop in February.
Details follow (in billions of lei, nominal change in percent):
|
March, bln lei |
March y/y |
Feb y/y |
Private lending (total) |
38.756 |
-8.8 |
-7.2 |
Private lending in lei |
21.507 |
-8.9 |
-9.1 |
- non-banking financial sector |
0.749 |
-2.7 |
3.8 |
- non-fin cos with a majority public capital |
0.914 |
-15.9 |
-5.5 |
- non-fin cos with majority private capital |
12.407 |
-16.3 |
-17.0 |
- other resident sectors (individuals, etc.) |
7.436 |
7.2 |
5.9 |
Private lending in foreign currency |
17.248 |
-8.6 |
-4.8 |
- non-banking financial sector |
0.824 |
-4.6 |
0.0 |
- non-fin cos with a majority public capital |
0.627 |
-21.0 |
-22.9 |
- non-fin cos with majority private capital |
15.464 |
-8.5 |
-4.2 |
- other resident sectors (individuals, etc.) |
0.331 |
2.6 |
-2.5 |
Source: BNM
(1 euro = 20.6866 Moldovan lei)