{"id":236379,"date":"2005-10-10T09:44:00","date_gmt":"2005-10-10T09:44:00","guid":{"rendered":"http:\/\/new.moldova.org\/2005\/10\/10\/premier-requests-from-nbm-to-reduce-interest-rates-on-credits-5188-eng\/"},"modified":"2005-10-10T09:44:00","modified_gmt":"2005-10-10T09:44:00","slug":"premier-requests-from-nbm-to-reduce-interest-rates-on-credits-5188-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/premier-requests-from-nbm-to-reduce-interest-rates-on-credits-5188-eng\/","title":{"rendered":"Premier requests from NBM to reduce interest rates on credits"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

Premier Vasile Tarlev made an appeal to the Governor of the National Bank of Moldova (NBM), Leonid Talmaci, and to the Banks Association seeking the reduction of the interest rates on credits. <\/p>\n

Mentioning banking sector’s contribution to the economic recovery, Tarlev said that the economy needs large long-term investments which would be maintained more actively by the commercial banks. <\/p>\n

The Premier said that the quality of services provided by the banking sector for business people, especially those that regard the interest rate on the released credits, does not ensure the investment activity at the required level. He considers that the credit policies of the commercial banks and of the central bank should be revised. <\/p>\n

The Government expects that the interest rates on the credits released in Moldovan lei will be decreased to 15 percent and in freely convertible currency to 9 percent annually by the end of this year, as answer to this appeal. <\/p>\n

The business forum entitled “Investment Climate in Moldova” that took place on September 30 addressed among others the necessity of reducing substantially the interest rates on the credits granted by the commercial banks, especially on those that will be invested in economy’s development. \/\/ Reporter.MD<\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>Premier Vasile Tarlev made an appeal to the Governor of the National Bank of Moldova (NBM), Leonid Talmaci, and to the Banks Association seeking the reduction of the interest rates on credits.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-236379","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

Premier Vasile Tarlev made an appeal to the Governor of the National Bank of Moldova (NBM), Leonid Talmaci, and to the Banks Association seeking the reduction of the interest rates on credits. <\/p>\n

Mentioning banking sector’s contribution to the economic recovery, Tarlev said that the economy needs large long-term investments which would be maintained more actively by the commercial banks. <\/p>\n

The Premier said that the quality of services provided by the banking sector for business people, especially those that regard the interest rate on the released credits, does not ensure the investment activity at the required level. He considers that the credit policies of the commercial banks and of the central bank should be revised. <\/p>\n

The Government expects that the interest rates on the credits released in Moldovan lei will be decreased to 15 percent and in freely convertible currency to 9 percent annually by the end of this year, as answer to this appeal. <\/p>\n

The business forum entitled “Investment Climate in Moldova” that took place on September 30 addressed among others the necessity of reducing substantially the interest rates on the credits granted by the commercial banks, especially on those that will be invested in economy’s development. \/\/ Reporter.MD<\/p>\n

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