Weighted average interest rateData included in this communiqué are reflected in accordance with the  Instruction on reporting the interest rates applied by banks of the Republic of Moldova, approved by the Decision of the Council of Administration of the NBM no.304 of 22 December 2011, Official Monitor of the Republic of Moldova no.238-242 of 30.12.2011 on new loans in national currency granted in April 2015 was 13.66 percent, increasing by 2.17 percentage points compared to the same period last year (Chart no.1). At the same time, as compared to the previous month, the weighted average interest rate on loans in national currency increased by 0.17 percentage points.
Loans with terms from 2 to 5 years continued to be the most attractive, their share accounting for 39.7 percent in April 2015 of the total volume of loans in national currency (Chart no. 2) and were granted at an average rate of 13.29 percent (decreasing by 0.14 percentage points compared to the previous month).

Loans granted to legal entities at an average rate of 13.16 percent held the largest share in the new granted credits in national currency, representing 77.2 percent of total volume in national currency. At the same time, the average rate on loans granted to individuals amounted to 15.38 percent (Chart no.3).

Weighted average interest rate on new loans in foreign currency granted in the reporting period was 7.14 percent, by 0.27 percentage points lower than in April 2014. As compared to the previous month, the average interest rate decreased by 0.29 percentage points in April 2015.

The volume of loans in foreign currency was 98.7 percent of total loans in foreign currency, being mainly represented by the loans granted to legal entities with an average rate of 7.12 percent (Chart no.4). The loans with terms from 1 to 2 years were the most attractive (43.6 percent of total loans granted in foreign currency), being granted at an average interest rate of 7.30 percent.

In April 2015, average interest rate on new term deposits attracted in national currency was 11.76 percent, increasing by 6.82 percentage points compared to April 2014 (Chart no.5). Compared to March 2015, the average interest rate on term deposits attracted in national currency increased by 0.15 percentage points during the reporting period.
Term deposits with terms from 3 to 6 months held the largest share (44.7 percent) of total term deposits in national currency, which were attracted at an average interest rate of  14.42 percent (Chart no.6).

The share of term deposits in national currency attracted from individuals during the reporting period was 69.4 percent of total term deposits attracted in national currency, decreasing by 6.1 percentage points as compared to the previous month. The average interest rate on these deposits was 14.10 percent (Chart no.7). The average rate of deposits granted to legal entities was 6.45 percent, reflecting an increase of 0.78 percentage points compared to the previous month.

Weighted average interest rate on new term deposits attracted in foreign currency was 2.40 percent during the reporting period. Compared to March 2015, the average interest rate on term deposits attracted in foreign currency decreased by 0.23 percentage points during the reporting  period.

Term deposits with terms from 6 to 12 months held the largest share (38.8 percent) of total term deposits in foreign currency, which were attracted at an average interest rate of 2.66 percent, increasing by 0.02 percentage points as compared to the previous month (Chart no.8).

Banking margin on operations in national currency was 1.90 percentage points in April 2015, increasing by 0.01 percentage points as compared to the previous month level (Chart no.9).

Banking margin on operations in foreign currency amounted to 4.74 percentage points in the analysed month, decreasing by 0.07 percentage points as compared to March 2015.

Statistica