The Governor of the National Bank of Moldova, Octavian Armașu, met today Her Majesty Margareta, the Custodian of the Romanian Crown, accompanied by His Royal Highness Prince Radu.

The restrictive monetary policy stance configured in a timely manner during 2022 conditioned the recording of a downward trend in the annual inflation rate starting with the end of the previous year, continuing in the first nine months of the current year.

As of the end of the 3^rd quarter of 2023, the offer price for residential property in Chișinău has recorded a slight increase compared to the previous quarter.

The NBM aims to stimulate credit and support domestic aggregate demand by encouraging both consumption and investment, balancing the national economy and anchoring inflation expectations with a view to keeping inflation within the target range over the medium term.

The largest financial education campaign in the experience of the Republic of Moldova was launched on International Savings Day, which is celebrated every year on 31 October.

The National Bank of Moldova, with support of USAID through the Moldova Institutional and Structural Reforms Programme (MISRA), is launching a national financial education campaign.

The Decision of the Executive Board of the National Bank of Moldova (NBM) No 209 of 26 October 2023 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 Governor of the National Bank of Moldova, Octavian Armașu, had a meeting with Jana Repanšek, Director of the Center of Excellence in Finance in Ljubljana, Slovenia.

The Credit Guarantee Fund is one of the most important instruments to support the economic policy of the country. This statement was made by Octavian Armașu, Governor of the National Bank of Moldova (NBM), on the occasion of the 30th anniversary of the Credit Guarantee Fund.

At the ordinary meeting of the National Committee on Financial Stability held on 15 September  2023, the Strategy on Macroprudential Policy (hereinafter the Strategy) was approved.

The National Committee on Financial Stability, in extended composition, held its ordinary meeting on September 15th, 2023, in accordance with the calendar of ordinary  meetings for the current year, approved by the Committee on December 20, 2022.

In January - September 2023, the volume of cumulative cash releases from bank vaults exceeded the volume of cumulative cash receipts in the banking system, by MDL 1,560.5 millio

Total assets: 107 605 359 MDL’000;
Total liabilities: 103 114 943 MDL’000i;
Total equity and reserves: 8 042 103 MDL’000.

Net loss: (3 551 687) MDL’000;
Total comprehensive result for the period: (3 848 088) MDL’000;
Total loss: (26 137) MDL’000.

In September 2023, new term deposits extended accounted for MDL 3,670.4 million, decreasing by 2.3% as compared to August 2023.

In September 2023, new loans extended totalled MDL 4,648.3 million, increasing by 6.1% compared to August 2023.

In September 2023, the monetary base increased by MDL 161.9 million (+0.2%) compared to the previous month and amounted to MDL 78,344.6 million, being 9.3% higher than in the similar period of the previous year.

The tenth edition of the podcast " Give sense to money" comes with news about the support provided by the United States of America aimed at accelerating reforms, promoting innovations in the financial-banking sector and financial education in the Republic of Moldova. The guest of this edition is the US Ambassador to the Republic of Moldova, Kent D. Logsdon.