Tag: Loans
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...
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 business sector borrowed billions of lei from banks in July
In July 2022, commercial banks in the Republic of Moldova offered loans worth 60 billion lei for the business environment, 16.3% more than in the same period of 2021, according to data...
Government solutions for farmers: Cheaper loans, but not for everyone
Farmers from the Republic of Moldova will benefit from an 8.5% interest rate reduction over a period of six months. We are talking about farmers who contracted loans through the IFAD and...
Essential news regarding the “Prima Casă” program. The authorities will compensate 60% of the interest
Beneficiaries of the Prima Casă program will pay less interest on the loan. Thus, after raising the interest rate to 5.35%, the beneficiaries will pay only 670 lei, the Minister of Economy,...
Why do Moldovans take loans? Explanations given by a personal finance trainer
Data from the National Bank show that in 2021, lending to individuals exploded, which means that more and more Moldovans have resorted to credit. The rise in inflation does not stop Moldovans...