---
title: "Moldova credit growth hits €425 million driven by business demand"
url: https://radiomoldova.md/p/81363/moldova-credit-growth-hits-425-million-driven-by-business-demand
published: 2026-07-22T04:30:00Z
language: en
author: "Leanca Lașco-Rață"
section: "Economic"
source: radiomoldova.md
---

# Moldova credit growth hits €425 million driven by business demand

> Commercial banks in Moldova issued €424.5 million (approx. 8.32 billion MDL) in new financing last month, according to data released by the National Bank of Moldova.

![](https://storage.radiomoldova.md/images/3a41074c-d111-478d-8ce4-de541d0f9e9c.jpg)

Commercial banks in Moldova issued €424.5 million (approx. 8.32 billion MDL) in new financing last month, according to data released by the National Bank of Moldova.

The corporate sector absorbed nearly 65% of the total loan volume, while retail borrowers accounted for the remaining share.

**Corporate financing dominates demand**

Non-financial commercial enterprises drove the bulk of corporate borrowing, securing approximately 5.4 billion MDL (approx. EUR 275.5 million) in credit during the period.

**Retail lending and interest rates**

Retail borrowers contracted nearly 3 billion MDL (approx. EUR 153.1 million) in total financing, primarily driven by consumer loans and real estate mortgages.

Average interest rates for mortgage loans stood at 8%, whereas consumer loans carried an average interest rate of nearly 11%. The majority of consumer financing was issued with repayment terms ranging between two and five years.

Translation by **Iurie Tataru**