|
INDICATORS
|
Feb.15
|
Mar.15
|
Mar.15
|
Mar.15
|
million MDL
|
million MDL
|
Feb.15
|
Mar.14
|
%
|
%
|
1
|
Money in circulation (MO)
|
15810.9
|
15420.3
|
-2.5
|
-7.4
|
2
|
Sight deposits in MDL
|
8014.1
|
8110.0
|
1.2
|
-17.8
|
3
|
Money supply M1Money supply M1 includes money in circulation and sight deposits in MDL of residents.
|
23824.9
|
23530.3
|
-1.2
|
-11.3
|
4
|
Term deposits in MDL
|
15346.3
|
15396.7
|
0.3
|
-13.9
|
5
|
Money market instruments
|
0.0
|
0.0
|
|
|
6
|
MONEY SUPPLY (M2)
|
39171.2
|
38927.0
|
-0.6
|
-12.3
|
7
|
Deposits in foreign currency
|
27415.4
|
25685.9
|
-6.3
|
43.3
|
8
|
MONEY SUPPLY (M3)
|
66586.6
|
64613.0
|
-3.0
|
3.7
|
The balance of deposits in national currency was MDL 23506.8 million, which share equalled to 47.8 percent of total deposits, increasing by MDL 146.4 million, while the deposits in foreign currency (recalculated in MDL) decreased by MDL 1729.5 million, up to the level of MDL 25685.9 million (with a share of 52.2 percent) (Table no.2).
Table no.2 Deposits structure Deposits structure is classified by institutional sectors, according to the Instruction on filling out by the licensed banks of the Report on monetary statistics (Official Monitor of the Republic of Moldova no.206-215 of December 2, 2011).
|
INDICATORS
|
Feb.15
|
Mar.15
|
Mar.15
|
Mar.15
|
million MDL
|
million MDL
|
Feb.15
|
Mar.14
|
%
|
%
|
I
|
Deposits balance (Total)
|
50775.8
|
49192.7
|
-3.1
|
7.7
|
|
Including:
|
|
|
|
|
1.0
|
Deposits balance (in MDL):
|
23360.4
|
23506.8
|
0.6
|
-15.3
|
|
Share in deposits balance (Total) %
|
46.0
|
47.8
|
|
|
1.1
|
Non-banking financial sector
|
479.6
|
443.4
|
-7.6
|
-44.6
|
1.2
|
Non-financial companies sector, which majority ownership is public
|
1133.7
|
1108.2
|
-2.2
|
-21.4
|
1.3
|
Non-financial companies sector, which majority ownership is private
|
5075.9
|
5343.8
|
5.3
|
-15.9
|
1.4
|
Other residential sectors (individuals, etc.)
|
16671.2
|
16611.4
|
-0.4
|
-13.4
|
2.0
|
Balance of deposits in foreign currency (recalculated in MDL):
|
27415.4
|
25685.9
|
-6.3
|
43.3
|
|
Share in deposits balance (Total) %
|
54.0
|
52.2
|
|
|
2.1
|
Non-banking financial sector
|
1163.4
|
1174.9
|
1.0
|
150.1
|
2.2
|
Non-financial companies sector, which majority ownership is public
|
448.8
|
404.2
|
-9.9
|
-8.6
|
2.3
|
Non-financial companies sector, which majority ownership is private
|
5868.4
|
5307.8
|
-9.6
|
85.1
|
2.4
|
Other residential sectors (individuals, etc.)
|
19934.9
|
18799.0
|
-5.7
|
33.0
|
The decrease of money supply M3 during the reporting period was determined by the decrease in net domestic assets of the banking system by MDL 3148.7 million (17.2 percent), while the net foreign assets of the banking system increased by MDL 1175.1 million (2.4 percent). Domestic credit of the banking system decreased by MDL 2046.5 million, up to MDL 42629.9 million, due to the decrease in the balance of credits granted to the Government and the balance of credits granted to economy by MDL 1142.8 million and by MDL 903.7 million, respectively.
The balance of credits in economyAccording to the IMF methodology, the interbank credits and the credits granted to the Government are excluded from the total credits in the economy (including the interest calculated for credits and for credits of banks - in liquidation process). decreased by 2.1 percent in March 2015 at the expense of the decrease of credits granted to economy in national currency by MDL 173.6 million (0.7 percent) and the credits in foreign currency (expressed in MDL) by MDL 730.1 million (4.1 percent) (Table no.3). At the same time, the credits to economy in foreign currency, expressed in USD, have decreased by USD 18.9 million during the reporting period.
Table no.3 Structure of credits granted to economy
|
INDICATORS
|
Feb.15
|
Mar.15
|
Mar.15
|
Mar.15
|
million MDL
|
million MDL
|
Feb.15
|
Mar.14
|
%
|
%
|
I
|
CREDITS GRANTED TO ECONOMY
|
43749.0
|
42845.3
|
-2.1
|
-2.73
|
|
Including:
|
|
|
|
|
1
|
CREDITS GRANTED TO ECONOMY (in MDL):
|
25957.0
|
25783.4
|
-0.7
|
-2.3
|
|
Share of Credits granted to economy, %
|
59.3
|
60.2
|
|
|
1.1
|
Non-banking financial sector
|
649.3
|
660.5
|
1.7
|
32.4
|
1.2
|
Non-financial companies sector, which majority ownership is public
|
849.8
|
892.9
|
5.1
|
18.3
|
1.3
|
Non-financial companies sector, which majority ownership is private
|
17146.8
|
16893.7
|
-1.5
|
-9.2
|
1.4
|
Other residential sectors (individuals, etc.)
|
7311.0
|
7336.3
|
0.3
|
12.6
|
|
Including: Consumer loans
|
3395.0
|
3427.7
|
1.0
|
20.8
|
|
Real estate loans
|
2283.7
|
2281.5
|
-0.1
|
25.2
|
2
|
CREDITS GRANTED TO ECONOMY IN FOREIGN CURRENCY (recalculated in MDL):
|
17792.0
|
17061.8
|
-4.1
|
-3.4
|
|
Share of Credits granted to economy, %
|
40.7
|
39.8
|
|
|
2.1
|
Non-banking financial sector
|
795.1
|
749.1
|
-5.8
|
-6.7
|
2.2
|
Non-financial companies sector, which majority ownership is public
|
870.5
|
869.0
|
-0.2
|
2.0
|
2.3
|
Non-financial companies sector, which majority ownership is private
|
15843.6
|
15160.9
|
-4.3
|
-3.4
|
2.4
|
Other residential sectors (individuals, etc.)
|
282.9
|
282.8
|
-0.03
|
-12.6
|
|
Including: Consumer loans
|
20.1
|
18.5
|
-8.0
|
39.6
|
|
Real estate loans
|
100.1
|
98.4
|
-1.72
|
3.5
|
Negative evolution of the balance of credits granted to economy in national currency was determined by the decrease of credits granted to non-financial companies sector, which majority ownership is private by MDL 253.2 million (1.5 percent), while the balance of credits granted to non-financial companies sector, which majority ownership is public and the non-banking financial sector and other resident sectors (including individuals) increased by MDL 43.1 million (5.1 percent), by MDL 11.2 million (1.7 percent) and by MDL 25.3 million (0.4 percent).
At the same time, the decrease in the balance of credits granted to economy in foreign currency (expressed in MDL) was influenced by the decrease of its all components, such as: the balance of credits granted to non-financial companies sector, which majority ownership is private by MDL 682.6 million (4.3 percent), the balance of credits granted to non-banking financial sector by MDL 46.0 million (5.8 percent), and the balance of credits granted to non-financial companies sector, which majority ownership is public by MDL 1.4 million (0.2 percent), as well as the balance of credits granted to other resident sectors (including individuals) by MDL 0.1 million (0.03 percent).