Average Interest Rate on Loans in Lei in December Amounts to 10,95%
OREANDA-NEWS. January 23, 2015. As it was informed in the National Bank of Moldova, the average interest rate for legal entities in December grew by 0.91% - from 9,73% to 10.64% p.a., and the average interest rate on loans to individuals decreased by 0.13% - from 12,17% to 12.04%.
Historical minimum in the average interest rate on loans in MDL was registered in November 2014, when it made up 9.81% p.a. According to the NBM, the highest rate in December 2014 was lending rate for the term of 6 for 12 months for individuals - 13,79% p.a. (13,61% the previous month).
The highest average interest rate with regard to rates as individuals and legal entities, was the interest rate on the loans in lei for up to 1 month, as of December 12,19% p.a. including 12,13% for legal entities and 12,35% for individuals.
The lowest rate in December 2014 was the rate on the mortgage loans for the period from 6 to 12 months - 6.5% p.a. The lowest average rate for individuals and legal entities in general in December 2014 was the rate on the loans with a maturity of over 5 years, which totaled USD 9.58% p.a. including 9,23% for legal entities and 10.2% for individuals.
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