OREANDA-NEWS. November 01, 2010. As it was informed in the National Bank of Moldova, as compared to the same period of 2009 it increased by 8,1 times.

The Tier 1 Capital of the banks in January-September 2010 increased by 7% - up to 6 billion 882,6 million lei (USD 581,3 million), indicating of good capabilities of the banks to cover probable losses and high degree of protection of depositors’ interests. In January-September 2009 the Tier 1 Capital of the banks reduced by 3%.

The share of foreign investments in the banks’ capital as at the end of September 2010 accounted for 78,6%, increasing since the beginning of the year by 1 pp because of increase of charter capital at the expense of investments of shareholders-non-residents. The mean sufficiency of weighted average capital, taking into account the system risk, remains on high level of 31,2% (at minimum necessary 12%), reducing since the beginning of the year by 0,9 pp. This index reflects the heightened potential of banking crediting.

The general assets in the banking system of Moldova as at the end of September 2010 accounted for 40 billion 865,3 million lei (USD 3 billion 45 million), increasing since the beginning of the year by 2,3%, while in January-September 2009 the assets decreased by 3,3%. In the assets structure the cash balance in January-September 2010 increased by 0,8% - up to 2 billion 197,3 million lei (USD 185,6 million), net securities – by 14,7% - up to 6 billion 944,2 million lei (USD 586,5 million), credits and financial leasing grew by 9,1% - up to 22 billion 078,9 million lei (USD 1 billion 86 million), NBM’s debts – by 4,3% - up to 2 billion 027,9 million lei (USD 171,3 million).

At the same time the banks’ debts and the overnight net means reduced by 34,3% - up to 3 billion 592,3 million lei (USD 303,4 million), other net assets – by 0,6% - up to 4 billion 024,7 million lei (USD 340 million).

The share of unfavorable loans (subprime, doubtful and non-performing) in the overall volume of loans has reduced since the beginning of 2010 by 0,7 pp, totaling to 15,7% as at the end of September 2010. The share of unfavorable loans in the joint normative capital reduced by 1,5 pp, totaling to 54,6% as at the end of September 2010.

The largest share in the total volume of loan portfolio in January-September 2010 fell to industrial and trade loans – 49,5%, followed by agricultural and food industry loans – 16,2%, real estate, construction and development loans – 12,7%, consumer loans – 8,6%. The yield of assets and equity capital as at the end of September 2010 accounted for 1,2% and 6,9%, respectively. As at the end of 2009 they were negative.

The long-term liquidity of the banking system accounted for coefficient 0,7 (at maximum permissible level 1), and current liquidity in the system accounted for 34,1% (at minimum permissible level 20%). The banks’ liabilities as at the end of September 2010 amounted to 33 billion 483,2 million lei (USD2,8 billion) or by 1,4% more than the indices as at the beginning of the year. Particularly, the deposits increased in this period by 3,4% - up to 27 billion 325 million lei (USD2,3 billion), confirming confidence in Moldova’s banking system.