Fixed term deposits attracted throughout December 2022 amounted to 6.723,3 million lei, up 2.2 times on December 2021. National currency deposits represented 59.1% vs 40.9% of deposits attracted in foreign currencies. The average interest rate on fixed term deposits in lei was 13.26%, while on those in foreign currencies was 2.46%, IPN reports, quoting the National Bank of Moldova.
The national currency deposits attracted totaled 3.970,9 million lei (-9.6% on a month before and +92.5% on December 2021). Foreign currency deposits reconverted to MDL added up to 2.752,3 million lei (+12.7% on a month before and 2.9 times more on December 2021).
The new deposits attracted were dominated by individual deposits with a share of 70.3%. The most attractive offers in terms of terms were the deposits of 6 to 12 months (42.6% of all term deposits attracted). Such deposits attracted from individuals constituted 33.1% of all deposits.
The profit margin on national currency operations rose by 0.12 percentage points on a month before and decreased by 4.00 percentage points on December 2021. The profit margin on foreign currency operations declined by 0.20 percentage points on a month before and by 0.87 percentage points on December 2021.