National Bank of Moldova publishes March 2025 banking-sector foreign-currency assets, liabilities and open FX position data

The National Bank of Moldova published its monthly aggregated statistics on licensed banks’ foreign-currency assets and liabilities and the banking system’s open foreign exchange position. For March 2025, total foreign-currency assets were MDL 50.78bn at month-end and foreign-currency liabilities were MDL 50.65bn, with total normative capital of MDL 21.69bn. The system recorded long open positions of MDL 306.8m, primarily in euro (MDL 237.7m) and US dollars (MDL 44.7m), and short positions of MDL -177.7m, mainly in euro (MDL -134.0m) and US dollars (MDL -27.6m). Open-position ratios to total normative capital included 1.10% (long) and -0.62% (short) for euro, and 0.21% (long) and -0.13% (short) for US dollars; positions are also shown for Russian roubles, Romanian lei and other currencies. On-balance-sheet FX assets were led by FX liquidity (MDL 18.05bn), FX loans (MDL 17.44bn) and FX required reserves placed at the National Bank of Moldova (MDL 13.21bn), while FX liabilities were largely client current accounts (MDL 24.51bn) and client time deposits (MDL 15.21bn). The dataset is compiled from banks’ reports on open FX positions under the Regulation on the Bank’s Open Foreign Exchange Position and covers on-balance-sheet items, off-balance-sheet conditional items and Moldovan leu positions linked to FX rates. The National Bank of Moldova publishes the series monthly by the last day of the month following the reporting period.