Shock on the credit market! More expensive loans caused a 35% drop in business

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Shock on the credit market! More expensive loans caused a 35% drop in business

In January 2025, the volume of new loans granted registered a considerable decrease, reaching 5.7 billion lei, down 29.3% compared to December 2024, according to data published by the National Bank of Moldova. The majority of loans, namely 78.9%, were granted in the national currency, totaling 4,515.9 million lei, down 26.2% compared to the previous month. The most requested were loans with terms from 2 to 5 years, which constituted almost half …