Tag: credit
EIB Allocates 41 Million Euros for Moldova’s Railway Upgrade
The European Investment Bank (EIB) will provide the Republic of Moldova with a credit of 41.2 million euros for the rehabilitation of railway tracks. This concerns the important corridor in the center...
Moldova to Benefit from Preferential Credit of €86 million from Japan
The Government of Japan, through the Japanese International Cooperation Agency (JICA), has extended a preferential credit worth 13.5 billion Japanese yen (over 90 million euros) to the Republic of Moldova. The ratification...
Japan to Provide Moldova with $100 Million Preferential Credit for Economic Recovery Project
The Government of Japan has announced its decision to offer a preferential credit of approximately $100 million to the Republic of Moldova for the implementation of the "Development Policies for Economic Recovery"...
New loans are getting cheaper, old ones are getting more expensive
Moldovan banks granted new loans in the amount of 4.3 billion lei in November, 13% more than in November of 2021, according to data from the National Bank of Moldova, writes Bani.md.The...
The cost of Credits increased by 70%. The government is most affected
The average interest rate on new loans granted by banks in the last year increased by 70%. If last year the average interest rate was 6.8%, now it has reached 11.3%.In 2021,...