• 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.

Please, note the requirements for receiving and examining petitions and requests for access to information of public interest addressed to the National Bank of Moldova!

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27.02.2024

Press release on the maintaining of the CCyB rate, February 2024



The Decision of the Executive Board of the National Bank of Moldova (NBM) no.48 of 22.02.2024 maintains the rate of the countercyclical capital buffer (CCyB) applied to credit exposures in the Republic of Moldova at 0% of the risk exposure amount. 

The Executive Board of the NBM reviewed the rate of the CCyB, based on the CCyB guide calculated as of the 3rd quarter of 2023. Thereby, in the 3rd quarter of 2023, the Credit-to-GDP ratio constituted 85,6% with a negative deviation from the long-term trend of -12,6%. The level of the Credit-to-GDP ratio indicates the absence of cyclical systemic risks related to excessive credit growth, which confirms 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 calculation of the CCyB rate specific for each bank, banks should monitor 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 achieving the intermediate objective of the macroprudential policy of reducing and preventing excessive credit growth. The CCyB rate for the Republic of Moldova is reviewed quarterly.

 

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