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Net income throughout the banking system decreased by 96 per cents compared to same period last year

26 11 2009 :: Annual stocks profitability measures up to 470 percents while the rate on bank deposits does not exceed 15 percents

24 11 2009 :: The value of companies listed on stock exchange fell by 690 million lei in October

16 11 2009 :: Net income throughout the banking system decreased by 96 per cents compared to same period last year

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EVM Group launched Moldovan banks efficiency rankings of (hereinafter - ranking) based on the public third quarter 2009 financial results.

 

From the begining a huge decrease of net income is notable compared to third quarter of 2008. On the whole banking system, this index decreased by 96% or more than 1 billion lei. This reduction was not so much due to revenue, as substantial increases in expenditures.

Time noted above has not disrupted, however, leaders position in the ranking. Thus, as at the end of last year and previous quarter on top place is Moldova-Agroindbank, second place - Victoriabank and Banca de Economii - third place.

Moldindconbank and Banca Sociala climbed one step up in the top compared with the first semester, thus occupying 4th and 5th places. At the same time with 2 steps climbed in the ranking Energbank and Mobiasbanca - Groupe Societe Generale, place 7 and 9.

 

Speaking about regressions, a break down of 2 steps over the last 3 months happened with EuroCreditBank (position 6) and a crash from the 7th place (during the first semester, 2009) to 14th place of the Eximabank Gruppo Veneto Banca.

 

For a full ranking view please click here

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