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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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15.08.2019

Press release on the establishment of the CCyB rate, August 2019

The Executive Board of the National Bank of Moldova (NBM) set the rate of the countercyclical capital buffer (CCyB) applied to credit exposures situated in the Republic of Moldova, based on the CCyB referential calculated as of the first quarter of 2019.

Thereby, in the first quarter of 2019, Credit to GDP ratio was 77,9 percent with a negative deviation from the long-term trend accounting for 36,8 percentage points. The low level of Credit to GDP ratio indicates the absence of cyclic systemic risks related to excessive credit growth, fact that fortifies the decision of maintaining the CCyB, applied to credit exposures situated in Republic of Moldova, at the level of 0 percent.

At the same time, in order to ensure the accurate calculus of the CCyB rate specific for each bank, banks should ensure adequate records of the CCyB rates applied to countries where their relevant exposures are situated.

The above-mentioned decision is based on the analyses and studies performed by the NBM aiming to assess the potential risks to the banking sector. The frequency of reviewing the CCyB rate for the Republic of Moldova is quarterly.

The decision of the Executive Board of the National Bank of Moldova no. 210 of 08.08.2019 on the establishment of the CCyB rate applied to credit exposures situated in Republic of Moldova shall enter into force at the date of publishing in the Official Monitor of the Republic of Moldova.