The National Bank of Moldova published a supervisory update on the banking sector’s financial position over the first nine months of 2025, reporting continued growth in balance sheets, lending, deposits and profitability alongside full compliance with key prudential requirements. The update also notes that Moldova had 10 licensed banks as of 30 September 2025 following the merger of B.C. VICTORIABANK S.A. and Banca Comercială Română Chișinău S.A., with BCR Chișinău S.A.’s licence withdrawn in March 2025. As of 30 September 2025, total assets reached MDL 181,071.2 million (+6.3%), gross prudential loans rose to MDL 99,225.0 million (+22.8%), and the non-performing loan ratio stood at 4.7% (+0.6 percentage points). Deposits increased to MDL 137,327.0 million (+6.4%), driven by household deposits of MDL 82,301.6 million (+8.4%) and corporate deposits of MDL 54,911.0 million (+3.6%). Sector profit totalled MDL 3,403.5 million (+16.0%), with return on assets at 2.5% and return on equity at 15.8%. Banks remained above liquidity and capital minima, including a new net stable funding ratio (NSFR) requirement effective from 30 September 2025 (minimum 100%), with the sector at 170.3%; the liquidity coverage ratio (LCR) stood at 269.7% (minimum 100%) and the total own funds ratio at 25.2% (minimum 10%). All banks complied with large exposure and related-party limits, while one bank exceeded the 35% dominance threshold, reaching 35.3% by assets and 35.7% by household deposits. Separately, the National Bank of Moldova highlighted ongoing Basel III and EU-alignment reforms in secondary regulation, including amendments on large exposures to address indirect exposures from derivatives, changes to fit-and-proper assessments and corporate governance requirements, and the approval of new rules on counterparty credit risk and the prudential treatment of securitisations.
National Bank of Moldova 2025-11-28
National Bank of Moldova reports robust banking sector results as NSFR becomes binding and prudential rules are updated
The National Bank of Moldova reported robust growth in the banking sector's financial position for the first nine months of 2025, with increases in assets, lending, deposits, and profitability, alongside full compliance with prudential requirements. The sector maintained strong liquidity and capital ratios, with the net stable funding ratio at 170.3% and the liquidity coverage ratio at 269.7%. Ongoing Basel III and EU-alignment reforms were noted, including amendments on large exposures, fit-and-proper assessments, and corporate governance.