OREANDA-NEWS. May 11, 2012. This was said by the President of the Association of Banks of Moldova at a meeting of Premier Vladimir Filat with members of the Association where a situation in the banking sector of Moldova was discussed.

As reporting on performances of commercial banks in 2011, Dumitru Ursu noted all banks of Moldova were profitable that year, indicators of the banking regulations met the highest European standards, banking assets grew and foreign investments made 74% of the banking capital. The interest rate on loans have decreased nearly 50% recently, being about 13,5% at present.

At the same time, representatives of the Association raised a number of points to be decided by joining efforts of leaders of the state and representatives of the private sector. This includes such points as lack of backing projects and the lower level of the finance risk management in companies.

Participants of the meeting also discussed capitalization of the depositors fund insurance, improvement of the legislative basis and its role in better professional competence, diversification of financial instruments, etc. The Premier appreciated performances of the banks and noted that all the proposals would be thoroughly examines so that to made decisions on each topic discusses.