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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.
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The Executive Board of the National Bank of Moldova (NBM) decided unanimously to lift the early intervention regime at BC „Moldindconbank” S.A.
The decision was taken along with the approval, on 10 February 2020, of Nikolay Borissov and Penka Kratunova as members of the bank’s Management Committee. Both of them have a wide financial and banking experience at international level. At the same time, Victor Cibotaru, designated by the NBM as temporary administrator, returned to his position of Vice-President.
Thus, BC „Moldindconbank” S.A. starts to resume its independent activity in normal regime, being reestablished the functionality of its statutory management bodies. The bank’s Council became fully operational on 2 December 2019, while the Management Committee as of today, 11 February 2020.
This decision was also determined by the fact that the bank refined its internal regulatory acts and internal control system, enhanced the ownership transparency level and obtained results by complying with measures for the supervision of lending activity prescribed by the National Bank of Moldova.
The early intervention regime was established at B.C. „Moldindconbank” S.A. on 20 October 2016, after it was found that group of persons carried out concerted activities by holding a qualifying holding in the bank's share capital in the amount of 63.89 percent, without the NBM prior written permission.
B.C. „Moldindconbank” S.A. obtained good results during the early intervention period. The bank’s assets increased in this period by 20,8 percent or MDL 3 169,4 million up to MDL 18.44 billion. At the same time, the non-performing assets recorded last year a decrease of MDL 748.8 million, or 35.6 percent, and MDL 455 million compared to 2016, when the early intervention regimes was established. The bank’s credibility has also increased – in 2019, the deposits increased by 7,5 percent or by MDL 989,3 million, totalling at the end of last year MDL 14.096,9 million, which is by MDL 2.28 billion more compared to 20 October 2016. Regarding the bank’s net profit, this constituted MDL 678,7 million (as of 31.12.2019), exceeding the result registered at the end of 2018 by 35,7 percent or by MDL 178,4 million.
Thus, in the over three years of early intervention regime, there was ensured the financial stability and maintained the market share of BC „Moldindconbank” S.A. In the meantime, the bank straightened its position in the ranking of the most reliable and efficient banks of the Republic of Moldova, becoming an attractive financial institution for strategic investors.
Therefore, the single share package of BC „Moldindconbank” S.A. has been purchased last year by a European investor „DOVERIE UNITED-HOLDING AD”, the aim of which is to develop an efficient, transparent and innovative strategy.
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