OREANDA-NEWS. December 26, 2013. The average interest rate on credits in currency in November 2013 amounted to 7.74 per cent p.a., up 0.41 percentage points in comparison with the previous month.

Particularly, the average interest rate on credits for legal entities increased by 0.43 percentage points – from 7.3 per cent in October to 7.73 per cent in November, while the average interest rate on credits for natural persons decreased in this period by 0.55 percentage points – from 8.51 per cent to 7.96 per cent p.a., according to the National Bank of Moldova.

The historical minimum of the average interest rate on credits in currency was registered in September 2013, when it amounted to 7.07 per cent p.a. The average interest rate on consumer credits in currency amounted to 11.87 per cent p.a. in November (11.17 per cent in October), on mortgage credits – 7.34 per cent p.a.

The interest rate on credits in foreign currency for legal entities for over 5 years – 6.33 per cent p.a. (6.24 per cent in October) – was the lowest one in November 2013. The interest rate on credits for individuals for 6-12 months – 15 per cent p.a. (15 per cent in October) – was the highest interest rate on credits in currency in November this year.