STUDY ON MOLDOVAN BANKS’ SECURITIES PORTOFOLIO

Investment in securities, along with bank loans, represents a significant source of bank earnings and generally performs two key functions: it serves as a source of bank liquidity, i.e. funding resources to meet loan demand or customers' needs for cash, and as an additional source of earnings from capital gains obtained when portfolio securities are sold. This paper presents an interesting and actual topic because in national specialized literature there are few researches on Moldovan banks’ securities investments.