Prime Minister Vasile Tofan announced this on Wednesday evening, noting that it would be one of the tax policy proposals he would unveil on Thursday afternoon. "One of the tax policy proposals for 2027 that we will announce on Thursday will be an increase in the corporate income tax rate for banks. We will raise the corporate income tax rate by 50% for banks and financial institutions," said Vasile Tofan. He noted that, as a person with an analytical mind, he had done his own calculations and understood that this proposal also carries risks, since withdrawing 1 leu (MDL) from banks' capital could reduce lending by 6 lei. "But at this stage, I consider this measure important. The corporate income tax for banks will increase by 50%—from 12% to 18%. Ironically, I myself come from this sector, but I've done the calculations, weighed all the pros and cons, and consider this tax justified. We will implement it in fiscal year 2027. "I believe that at this stage, the benefits outweigh the risks. The budget will receive approximately 600 million lei," Prime Minister stated. // 06.08.2026 — InfoMarket