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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.
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.
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Pursuant to Art.17 of the Law on the National Bank of Moldova no.548-XIII of July 21, 1995, the National Bank of Moldova (NBM) establishes requirements regarding the level of required reserves (RR) to be maintained by banks.
RR are financial means, which are held by banks, in Moldovan lei (MDL) and foreign currency (USD and EUR), in accounts opened with the NBM.
The RR is a complementary instrument of the monetary policy, which is used to control the level of excess liquidity as well as to mitigate its impact on interbank interest rates. RR in foreign currency are mainly aimed to prevent an excessive growth of foreign currency lending by banks.
The main characteristics of the required reserves regime established by the NBM are:
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1 Until the entry into force of the new Regulation on the required reserves regime, approved by the Decision of the Executive Board of the NBM no.355 of 27.12.2017, the observance period was comprised between the 8th of the previous month and the 7th of the current month, while the maintenance period - between the 8th of the current month and the 7th of the following month.
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