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Moldovan banks' end-July loan portfolio up 17.4% y/y - table

CHISINAU (Moldova), August 21 (SeeNews) - The loan portfolio of Moldovan commercial banks totalled 33.8 billion lei ($2.7 billion/2.2 billion euro) at the end of July, up 17.4% from a year earlier, the country's central bank, BNM, said on Tuesday.

The average annual interest rate on foreign currency-denominated loans dropped to 7.74% at the end of July from 9.23% a year earlier. The average annual interest rate on leu-denominated credits fell to 13.38% from 14.32% at end-July 2011.

Details on Moldovan banks' loan portfolio follow (in millions of lei):

end-July'12 end-June'12 end-July'11
Credit portfolio 33,797.7 32,945.5 28,776.5
Lei loans 18,936.6 18,528.8 16,146.3
FX loans 14,861.1 14,416.7 12,630.2

(1 euro=15.4728 Moldovan lei)