The National Bank of Moldova published monthly banking statistics showing that new loans granted in February 2025 totalled MDL 6,327.6 million, up 10.6% from January. Loans denominated in Moldovan lei accounted for 76.5% of the total (MDL 4,840.2 million), increasing 7.2% over the month, while average nominal interest rates on new lending edged up to 8.41% in lei and 5.69% in foreign currency. By maturity, loans with terms of two to five years were the most requested, representing 50.5% of new lending; within this segment, lending to legal entities accounted for 33.4% of total new loans. Households contracted MDL 2,120.4 million in new loans, up 4.6% month on month, with consumer credit representing 53.1% of household borrowing and mortgages 46.6% (all in lei); average rates on lei consumer loans rose to 10.62%, while rates on lei mortgages fell to 6.98%. Legal entities borrowed MDL 4,114.7 million, up 13.1%, with lei loans up 8.2%, foreign-currency loans up 18.6%, and exchange-rate-linked loans increasing 15.7 times; non-financial corporations accounted for 61.5% of new bank lending, and average rates for legal-entity loans rose to 7.92% in lei and 5.69% in foreign currency.
National Bank of Moldova 2025-03-20
National Bank of Moldova reports February 2025 new lending up 10.6% month on month
The National Bank of Moldova reported that new loans in February 2025 totaled MDL 6,327.6 million, a 10.6% increase from January, with 76.5% denominated in Moldovan lei. Loans with terms of two to five years were most popular, and legal entities borrowed MDL 4,114.7 million, up 13.1%. Average interest rates rose to 8.41% for lei loans and 5.69% for foreign currency loans.