Share of Bad Loans in Moldovan Banking System Amounts to 17,47%
OREANDA-NEWS. July 28, 2010. According to the NBM, as of December 31, 2009, the share of bad loans in the banking system amounted to 16,38%. As compared to January-June 2009 (10,47 pp), it increased by 7 pp. The share of bad loans in TRC (total regulatory capital) increased by 4,76 pp and amounted to 60,82% (56,06% as of late December 2009).
Compared to January-June 2009 (36,26%), it increased by 24,56 pp. At the same time, the share of bad loans in January-June 2010 amounted to 9,82% of the total assets (+0,99 pp compared to December 2009) and 61,41% - from TRC (+4,58 pp). As compared to January-June 2009 (36,97%), they grew by 24,44 pp. The share of overdue and interest-free loans amounted to 17,98% of the total (+0,32 pp) and 62,6% of TRC (+2,15 pp).
Foreign currency loans amounted to 44,38% of the total loans (-1,93 pp since the beginning of the year). The share of industrial and commercial loans in January-June 2010 totaled to 51,11% (-0,49 pp since the beginning of the year), agricultural loans and food industry loans - 16,05% (+0,18 pp), loans for real estate, construction and development – 12,39% (-0.15 pp), consumer loans – 8,18% (-0,55 pp), fuel and energy loans – 3,21% (-0,08 pp).
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