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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 Head of the Netherlands Embassy Office in the Republic of Moldova, Floris van Eijk.
The officials discussed mainly the progress made in the financial and banking sector of the Republic of Moldova, maintaining its resilience to the challenges caused by the pandemic, as well as strengthening cooperation between the Republic of Moldova and the Netherlands in the financial and banking sector and its development prospects.
The NBM Governor reported on the resulting experience of the collaboration between the National Bank of Moldova and the authorities of the Netherlands in recent years on several segments related to banking activity. These include in particular banking supervision, corporate governance, compliance with prudential rules, risk management and other improvements that have strengthened the situation in the sector. Octavian Armașu also appreciated the opening of the Netherlands to provide advice and technical assistance in the field of central bank activity.
In his turn, the Head of the Netherlands Embassy Office in the Republic of Moldova, Floris van Eijk, stressed the need to continue the successful banking reform process in the Republic of Moldova. At the same time, the official expressed his country's commitment for a lasting and efficient mutual cooperation relationship. Floris van Eijk also referred to the importance of the central bank's independence for the realization of its reform agenda, as well as the EU's openness to support this agenda.
