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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.
The Governor of the National Bank of Moldova, Octavian Armașu, had a meeting today with the Ambassador of Germany to the Republic of Moldova, Angela Ganninger.
The officials discussed about the importance of signing a new program with the IMF for the recovery of Moldova's economy in the context of the current health crisis and long-term development, strengthening the cooperation between the Republic Moldova and Germany in the financial and banking sector and its development prospects.
The NBM Governor also stressed the significance of the exchange of ideas and experience promoted by the central bank of Germany, Bundesbank, through the training and consultancy assistance in the field provided to NBM specialists. At the same time, referring to the process of reforming our banks in recent years, Octavian Armașu remarked that “we want to further modernize the banking sector, leaving behind the consequences of the epidemiological crisis, by applying measures to overcome it to the benefit of citizens involved in more dynamic banking relationships.”
For her part, the Ambassador Angela Ganninger revealed the long-standing partnership between Germany and the Republic of Moldova under the common goals of democracy and the rule of law. The ambassador also mentioned the progress in our country's banking system, including its alignment with European standards, emphasizing the importance of the European path taken and the independence of the central bank to affirm the proposed financial, banking and economic desideratum.
