Net Profit of National Bank of Moldova Decreases by 21,2% in 1H
OREANDA-NEWS. August 05, 2013. In I half of 2013 net profit of the National Bank of Moldova amounted to 563.4 million lei (USD 44.3 million), decreasing by 21.2% compared to the same period of 2012. These are the data on the state of the total income of the National Bank of Moldova in January-June 2013.
As InfoMarket was informed in NBM, according to the document, the NBM interest income on short-term placements in I half of 2013 compared to the same period of the last year decreased by 28.4% - from 19.75 million to 14.15 million lei, interest income on securities - by 14.2% - from 203.51 million to 174.66 million lei, interest income on loans and REPO - by 43.9% - from 688 thousand to 386 thousand lei.
Net interest income decreased by 30% - from 77.21 million to 54.09 million lei. Income from foreign currency transactions and currency exchange differences increased by 8.1% - from 580.4 million to 627.4 million lei. Losses on revaluation of securities amounted to 66.58 million lei vs. 75.2 million profits the year before. In January-June 2013 net operating profit of NBM amounted to 509.3 million lei, decreasing by 20.1% compared to the same period of the last year.
The total income of the National Bank in I half of 2013 amounted to 552.76 million lei vs. 713.12 million lei the year before. Profit available for distribution in January-June 2013 totaled 68.98 million lei vs.123.66 million lei at the same period of the last year.
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