{"id":4344,"date":"2020-07-29T08:23:00","date_gmt":"2020-07-29T05:23:00","guid":{"rendered":"https:\/\/zdg.md\/en\/?p=4344"},"modified":"2020-07-30T11:29:27","modified_gmt":"2020-07-30T08:29:27","slug":"moldovan-banks-net-profit-dropped-by-43-percent-in-2020-e33-22-million-compared-to-the-same-period-in-2019-e58-4-million","status":"publish","type":"post","link":"https:\/\/www.zdg.md\/en\/moldovan-banks-net-profit-dropped-by-43-percent-in-2020-e33-22-million-compared-to-the-same-period-in-2019-e58-4-million\/","title":{"rendered":"Moldovan Banks Net Profit Dropped by 43 Percent in 2020 (\u20ac33.22 Million) Compared to the Same Period in 2019 (\u20ac58.4 Million)"},"content":{"rendered":"\n<p><strong>In the first half of 2020, the net profit of Moldovan banks dropped by 43.1 percent compared to the same period in 2019. <\/strong><a href=\"http:\/\/infomarket.md\/ro\/banks\/Profitul_net_al_bncilor_din_Moldova_a_fost_n_I_semestru_din_2020_de_65494_mln_lei_n_scdere_cu_431_comparativ_cu_aceeai_perioad_din_2019_1_mlrd_15135_mln\"><strong>InfoMarket<\/strong><\/a><strong> mentions that while during January-June 2019, the banks had a net profit of over \u20ac58.4 million (1.151 billion lei), during the same period in 2020, the banks had a net profit of \u20ac33.22 million (654.94 million lei).<\/strong><\/p>\n\n\n\n<p>According to the National Bank of Moldova, all 11 banks made a profit for six months in 2020. Four banks (Moldova-Agroindbank, Moldindconbank, Mobiasbanca &#8211; OTP Group, and Victoriabank) had around \u20ac27.7 million (546.22 million lei) or 83.4 percent of the total net profit.&nbsp;<\/p>\n\n\n\n<p>Ten out of 11 banks experienced a decline in profit compared to the same period in 2019, and only one bank registered an increase in profit.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Bank Name<\/strong><\/td><td><strong>Net Profit for January-June 2020\u00a0<\/strong><\/td><td><strong>Net Profit for January-June 2019\u00a0<\/strong><\/td><\/tr><tr><td><strong>Moldova-Agroindbank<\/strong><\/td><td>\u20ac14.63 million (288.58 million lei)<\/td><td>\u20ac20.17 million (397.63 million lei)<\/td><\/tr><tr><td><strong>Moldindconbank<\/strong><\/td><td>\u20ac8.7 million (171.61 million lei)&nbsp;<\/td><td>\u20ac16.45 million (324.34 million)<\/td><\/tr><tr><td><strong>Victoriabank<\/strong><\/td><td>\u20ac2.32 million (45.92 million lei)<\/td><td>\u20ac7.37 million (145.33 million lei)<\/td><\/tr><tr><td><strong>Mobiasbanca &#8211; OTP Group<\/strong><\/td><td>\u20ac2.03 million (40.11 million lei)<\/td><td>\u20ac6.86 million (135.25 million lei)<\/td><\/tr><tr><td><strong>FinComBank<\/strong><\/td><td>\u20ac1.4 million (27.63 million lei)<\/td><td>\u20ac1.65 million (32.61 million lei)<\/td><\/tr><tr><td><strong>Eximbank\u00a0<\/strong><\/td><td>\u20ac1.06 million (21.03 million lei)<\/td><td>\u20ac1.65 million (32.61 million)<\/td><\/tr><tr><td><strong>Energbank\u00a0<\/strong><\/td><td>848,000 euros (16.72 million lei)<\/td><td>854,000 euros (16.84 million lei)<\/td><\/tr><tr><td><strong>BCR Chi\u0219in\u0103u<\/strong><\/td><td>814,000 euros (16.06 million lei)<\/td><td>452,000 euros (8.92 million lei)<\/td><\/tr><tr><td><strong>ProCreditBank\u00a0<\/strong><\/td><td>624,000 euros (12.31 million lei)<\/td><td>\u20ac1.81 million (35.83 million lei)<\/td><\/tr><tr><td><strong>Comertbank\u00a0<\/strong><\/td><td>440,000 euros (8.69 million lei)<\/td><td>480,000 euros (9.47 million lei)<\/td><\/tr><tr><td><strong>EuroCreditBank\u00a0<\/strong><\/td><td>318,000 euros (6.27 million lei)<\/td><td>349,000 euros (6.88 million)<\/td><\/tr><\/tbody><\/table><figcaption>The National Bank of Moldova data from the period January-June 2020 compared to the same period in 2019<\/figcaption><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the first half of 2020, the net profit of Moldovan banks dropped by 43.1 percent compared to the same period in 2019. InfoMarket mentions that while during January-June 2019, the banks had a net profit of over \u20ac58.4 million (1.151 billion lei), during the same period in 2020, the banks had a net profit&#8230;<\/p>\n","protected":false},"author":9,"featured_media":4233,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[125,11,8],"tags":[351,352,353],"autor":[334],"class_list":["post-4344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-important","category-people","tag-moldovanbanks","tag-nationalbankmoldova","tag-netprofit","autor-infomarket"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Moldovan Banks Net Profit Dropped by 43 Percent in 2020 (\u20ac33.22 Million) Compared to the Same Period in 2019 (\u20ac58.4 Million) - Ziarul de Gard\u0103<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zdg.md\/en\/moldovan-banks-net-profit-dropped-by-43-percent-in-2020-e33-22-million-compared-to-the-same-period-in-2019-e58-4-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moldovan Banks Net Profit Dropped by 43 Percent in 2020 (\u20ac33.22 Million) Compared to the Same Period in 2019 (\u20ac58.4 Million) - Ziarul de Gard\u0103\" \/>\n<meta property=\"og:description\" content=\"In the first half of 2020, the net profit of Moldovan banks dropped by 43.1 percent compared to the same period in 2019. 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