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Schedule of reception of citizens by the Executive Board of the National Bank of Moldova.
The registration of applicants for an audience is carried out based on a written request on the subject addressed.
Anca Dragu, Governor
1st Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Vladimir Munteanu, First Deputy Governor
2nd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Tatiana Ivanicichina, Deputy Governor
3rd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
Constantin Șchendra, Deputy Governor
4th Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
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National Bank and the members of its decision-making bodies shall be independent in exercising the tasks conferred upon them by law, and shall neither seek nor take instructions from public authorities or from any other authority.
In order to ensure and maintain price stability over the medium term, the National Bank’s aim will be to keep inflation (measured by Consumer Price Index) at the level of 5.0 percent annually with a possible deviation of ± 1.5 percentage points, considered to be optimal for growth and development of Moldova's economy over the medium-term.
National Bank shall have the exclusive right to issue on the territory of the Republic of Moldova banknotes and coins as legal tender, as well as commemorative and jubilee banknotes and coins as legal tender and for numismatic purposes.
National Bank is exclusively responsible for the licencing, supervision and regulation of financial institutions activity.
National Bank of Moldova acts as banker and fiscal agent of the State and shall receive from state bodies economic and financial information and documents, which are necessary for carrying out its tasks.
National Bank of Moldova supervises the payment system of the Republic of Moldova and promotes a stable and efficient functioning of the automated inter-bank payment system
National Bank of Moldova is an autonomous public legal entity and is responsible to the Parliament.
National Bank shall inform the public on the monetary policy strategy on the results of the macroeconomic analysis, the evolution of the financial market and on statistics, including with regard to monetary supply, crediting, balance of payments and the state of the foreign exchange market.
National Bank of Moldova is responsable for the compilation of the balance of payments, international investment position and the statistics of the external debt of the Republic of Moldova.
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Note: The translation is unofficial, for information purpose only
Published in the Official Monitor of the Republic of Moldova no. 247-252 , of September 4, 2015, Article 1689
EXECUTIVE BOARD
OF THE NATIONAL BANK OF MOLDOVA
DECISION no. 3
of August 26, 2015
on the National Bank of Moldova interest rates and the required reserves ratio
Pursuant to Art.17, 27 Pt. 1, item a) of the Law on the National Bank of Moldova no.548-XIII of July 21, 1995 (Official Monitor of the Republic of Moldova, 1995, no.56-57, Art.624), with further amendments and completions and provisions of the Monetary Policy Strategy of the National Bank of Moldova for medium term (approved by the Decision of the Council of Administration of the National Bank of Moldova no. 303 of December 27, 2012), taking into account the macroeconomic situation monthly Report, August 2015, the Executive Board of the National Bank of Moldova
DECIDES:
1. To increase the base rate applied on main short-term monetary policy operations by 2.0 percentage point, from the level of 17.5 to 19.5 percent annually.
2. To increase the interest rates:
a) on overnight loans by 2.0 percentage points from the level of 20.5 to 22.5 percent annually;
b) on overnight deposits by 2.0 percentage points from the level of 14.5 to 16.5 percent annually.
3. To increase the required reserves ratio from financial means attracted in MDL and non-convertible currencies by 3.0 percentage points and is set in the amount of 35.0 percent of the base beginning with the maintenance period of October 8, 2015 – November 7, 2015 of the required reserves in MDL.
4. To maintain the required reserves ratio from financial means attracted in freely convertible currency at the level of 14.0 percent of the base.
5. The rates mentioned in paragraphs 1, 2 shall enter into force on September 2, 2015.
6. Paragraph 3 of this decision shall enter into force on October 8, 2015.
7. Since the entry into force of paragraph 3 of this decision, the paragraph 3 of the Decision of the Council of Administration of the National Bank of Moldova no. 200 of 30.07.2015 on the National Bank of Moldova interest rates and the required reserves ratio (Official Monitor of the Republic of Moldova, 2015, no. 206-210 art. 1388) shall be repealed.
8. This decision shall enter into force at the date of its adoption and shall be published in the Official Monitor of the Republic of Moldova.
Chairman
of the Executive Board
Dorin DRĂGUŢANU
1 Grigore Vieru Avenue,
MD-2005, Chisinau, Republic of Moldova.
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