The National Bank of Moldova published monthly statistics on new bank lending and related interest rates for May 2025, showing total new loans of MDL 6,557.3 million, down 3.3% from April 2025. National-currency loans accounted for 78.3% of new lending (MDL 5,133.9 million), up 2.8% month on month. Loans with maturities of two to five years represented 57.5% of new lending. The average nominal rate on new national-currency loans fell by 0.06 percentage points to 8.94%, while the average rate on foreign-currency loans fell by 0.09 percentage points to 5.41%. Households contracted MDL 2,470.4 million in new loans (+9.7%), with 62.0% for consumption; the average rate on national-currency consumer loans declined by 0.10 percentage points to 10.54%, while the average rate on national-currency mortgage loans rose by 0.04 percentage points to 7.14%. For legal entities, national-currency lending decreased by 1.8%, foreign-currency lending fell by 22.3%, and exchange-rate-linked loans increased by 14.5%; non-financial corporations accounted for 55.7% of total new lending, and average rates declined to 8.57% in national currency and 5.37% in foreign currency.
National Bank of Moldova 2025-06-20
National Bank of Moldova reports May 2025 new lending of MDL 6,557.3 million down 3.3%
The National Bank of Moldova reported a 3.3% decrease in total new loans for May 2025, amounting to MDL 6,557.3 million, with national-currency loans comprising 78.3% of new lending. The average nominal rate on new national-currency loans decreased to 8.94%, while foreign-currency loans saw a rate drop to 5.41%. Household loans increased by 9.7%, primarily for consumption, while lending to legal entities declined in both national and foreign currencies.