Tag: interest rate
Loans granted by banks, down 13%
Moldovan banks granted new loans in the amount of 3.8 billion lei, 13% less in September compared to the same period of 2021, according to data from the National Bank of Moldova....
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,...
When will the monetary policy be relaxed, according to Octavian Armașu
The interest rate will be reduced depending on how the conditions will evolve, how the inflation rate will be. If the trend will be a sustainable one, Moldova is going to move...
A government project, to reduce the impact of rising credit prices
Most of the beneficiaries who purchased apartments under the ”First Home” Program face difficulties following the increase of the interest rate to 12.97%. In order to reduce the impact of the increase...