National Bank of Moldova reports October 2025 new term deposits down 1.5% to MDL 4,475.9 million despite 18.3% rise in foreign-currency deposits

The National Bank of Moldova published banking statistics on new term deposits attracted in October 2025, showing total inflows of MDL 4,475.9 million, down 1.5% from September. The currency mix shifted toward foreign currency and average nominal rates on new deposits eased in both Moldovan lei and foreign currency. MDL-denominated deposits accounted for 69.8% of new term deposits and fell 8.2% month on month to MDL 3,125.2 million, while foreign-currency deposits increased 18.3% to MDL 1,350.7 million. The average nominal rate on new MDL deposits declined by 0.14 percentage points (pp) to 4.98% and the average rate on foreign-currency deposits declined by 0.15 pp to 1.23%; the largest maturity shares were 2–5 years (44.8%) and 6–12 months (20.9%). New term deposits from individuals totalled MDL 3,034.3 million (down 8.2% month on month), with 2–5 year maturities accounting for 50.38% and 6–12 months for 28.17%; compared with October 2024, individuals’ MDL deposits rose 59.1% and their foreign-currency deposits rose 7.2%. New term deposits from legal entities totalled MDL 1,428.0 million (up 15.5%), comprising MDL 953.9 million in MDL deposits (down 12.8%) and MDL 474.1 million in foreign-currency deposits (up 3.3 times); compared with October 2024, legal entities’ MDL deposits rose 15.7% and their foreign-currency deposits rose 2.3 times. Average rates for individuals were 5.31% in MDL (up 0.03 pp) and 1.27% in foreign currency (down 0.05 pp), while legal-entity rates fell to 4.25% in MDL (down 0.53 pp) and 1.16% in foreign currency (down 0.68 pp).