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Moldovan Banks' End-September Assets Fall 3.96% Y/Y

Oct 27, 2009, 5:41:52 PMArticle by Kristina Belkina
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October 27 (SeeNews) - The Moldovan banks had 37.8 billion lei ($3.4 billion/2.3 billion euro) in total assets at the end of September, down by 3.96% from a year earlier, the country's central bank, BNM, said on Tuesday.

Moldovan Banks' End-September Assets Fall 3.96% Y/Y

The tier-one capital of the banks, which includes common stock and retained profit, totalled 6.4 billion lei at the end of September, down by 0.11% from a year earlier, the BNM said.

Return on assets (ROA) dropped to an average 0.16% in September from 4.04% a year earlier. Return on equity (ROE) fell to 0.87% from 23.31% in September 2008.

The share of foreign capital in Moldova's banking system rose to 75.19% at the end of September from 73.09% a year earlier.

Ex-Soviet Moldova has 15 commercial banks.

(1 euro=16.3605 Moldovan lei)

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