OREANDA-NEWS. October 08, 2012. This is stated in the press release of the National Bank of Moldova, which runs that rough figures on GDP provided by the National Bureau of Statistics, show obvious decline of the economic activity in Q2, 2012.

According to NBM, there has been a slight improvement as for the household disposable income, the real sector annual wage grew 5.4% in July and remittances from abroad in favour of individuals increased 3.9% as compared with the same period of 2011.

In august, 2012 new loans were extended at a sum of 2152 mln. leis, 5.7% down as compared with August, 2011. The decline was determined by unfavourable contribution of both components. Loans extended in MDL decreased 2% and loans in forex did 11.1%. Deposits attracted in August made up a sum of 3655.1 mln. leis, 5.6% up as compared with August, 2011. Deposits in forex increased 4.4% and deposits in MDL grew 6.7% as compared with the same period of the past year.

August’s average interest rates on MDL transactions continued declining. The average interest rate on loans was a record-breaking, being 12.82%, 0.56 p.p. down. The yield on deposits was 7.15%, 0.25 p.p. down.