Moldovan official journal roundup for 7 April

13:01 | 06.04.2017 Category: Economic

Chisinau, 6 April /MOLDPRES/- Coverage of deposits of private people, which is paid in cases of bankruptcy or forced liquidation of bank, was increased from 6,000 to 20,000 lei, according to legislative amendment due to be published in the Official Journal of Moldova on 7 April.

Under the document, 6,000 lei was set in 2013, given the average monthly salary and the correlation between national currency and convertible currencies.

Deposits of the private people in the banking system since the establishment of the fund increased from about 4 billion lei in 2004 to 35 billion lei in 2015, a growth of nearly 9 times.

Guaranteed deposits increased from 741,000 lei to 2.5 billion lei, up by over 3 times.

The fund resources available at the end of 2015 were about 261 million lei or 10.6 per cent of guaranteed deposits in the banking system.

The amendment will enter into force on 1 January 2018.

(Reporter A. Plitoc, editor A. Răileanu)

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