OREANDA-NEWS. July 27, 2012. Moldovans have managed to deposit 12.5 billion lei in banks since early 2012, with more than a half of this sum being in Moldovan lei, according to data by the National Bank of Moldova (BNM).

In June 2012, the residents deposited 1 billion 996.4 million lei in banks on term, down by 300 million lei against the month before, when the sum of the private people's deposits amounted to 2.3 billion lei. "This is the period of leaves, as well as dwellings' repairs, and so many people can no longer save money, but spend it," experts said. The Eurozone crisis, which led to a loss in the euro's position against the dollar, has effects - the sums in foreign currency deposited in banks by the residents are lower than those in Moldovan lei. This is also a consequence of a decrease in the transfers of currency to private people.

The BNM data shows that the residents' savings in the national currency exceeded by 100 million those in foreign currency in last June. In 2011, the situation was vice versa - the sums of the deposits in foreign currency exceeded the one in Moldovan lei. In January-June 2012, the private people's deposits in foreign currency dropped by 14.1 per cent against the same period of 2011.

The interest on the term deposits in Moldovan lei, made by residents, in the first six months of 2012 decreased to 9.16 per cent in last June from 9.92 per cent in January 2012. At the same time, the interest rate on the deposits in foreign currency is maintained at the same level, standing at 4.18 per cent in June 2012.

The residents continue to be cautious when it comes to the term of depositing money in banks. In June 2012, 41.1 per cent of all the deposits in Moldovan lei were made for a 3-6-month period, and another 40.5 per cent - for a term from 6 to 12 months, according to BNM's data.