The downward trend in the annual inflation rate from the end of the previous year continued in the first months of the current year.

As of the end of the 1st quarter of 2023, the offer price for residential property in Chișinău has recorded the next consecutive increase following the previous quarter.

The NBM will continue to monitor the inflation process, assessing the associated risks and uncertainties, and further decisions of the Executive Board will depend on the updated inflation outlook.

The National Bank of Romania and the Bucharest University of Economic Studies support the specialized training of economist students from the Republic of Moldova.

The National Bank of Moldova (NBM), the Moldovan Banks Association (ABM) and the European Business Association (EBA) discussed today, 3 May 2023, the necessary regulations to implement the “open banking” concept.

The National Bank of Moldova (NBM) has signed a partnership agreement with the Republican Theoretical Lyceum "Aristotel" in Chisinau in the field of financial education.

In his welcome speech, the NBM Governor stressed the importance of the sustainable partnership between the two central banks during regional and international crises and opted for its consolidation, especially at a time when the Republic of Moldova has become a candidate state for EU membership.

The competition is open to individuals who have reached the age of 18, as well as legal entities, who can display their graphic vision on future coins.

In March 2023, the currency in circulation (M0) amounted to MDL 33,014.5 million, decreasing by MDL 1,391.5 million (-4.0%) compared to December 2022.

In March 2023, the monetary base increased by MDL 1,172.2 million (+1.6%) compared to the previous month and amounted to MDL 74,409.4 million, being 26.9% higher than in the similar period of the previous year.

In March 2023, new term deposits attracted amounted to MDL 4,179.2 million, increasing by 6.1% as compared to February 2023.

In March 2023, new loans extended totalled MDL 4,841.2 million, increasing by 27.7% compared to February 2023.

The Governor of the National Bank of Moldova (NBM), Mr. Octavian Armasu, together with the Minister of Finance, Mrs. Veronica Sireteanu, attended the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group , which took place on 11-14 April 2023 in Washington, DC.

Pursuant to Article 63 paragraph (7) of Law on the activity of banks No 202 of 06.10.2017, the National Bank of Moldova (BNM), as the competent authority, identifies banks that are systemically important institutions (hereinafter O-SII).

The Decision of the Executive Board of the National Bank of Moldova (NBM) no. 73 of 06.04.2023 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.

Pursuant to Law No 202 of 6 October 2017 on the activity of banks, the Executive Board of the National Bank of Moldova (NBM) has established the banks that are Other Systemically Important Institutions (O-SII) from the Republic of Moldova as of 31 December 2022.

The Governor of the National Bank of Moldova, Anca Dragu, was the special guest of a discussion platform organised by the German-Romanian Chamber of Commerce and Industry in Bucharest.

According to preliminary data in 2022, the current account of the balance of payments recorded a deficit of US$ 2 275,20 million, the capital account recorded a positive balance amounting to US$ 20,17 million, and the financial account recorded a net capital inflow of US$ 2 357,17 million. As of 12/31/2022, the international investment position amounted to US$ -6 041,22 million, while the gross external debt totaled US$ 9 457,80 million.

According to preliminary data in 2022, the current account of the balance of payments recorded a deficit of US$ 2 275,20 million, the capital account recorded a positive balance amounting to US$ 20,17 million, and the financial account recorded a net capital inflow of US$ 2 357,17 million.

According to preliminary data, the net international investment position recorded US$ -6 041,22 million as of 12/31/2022 (or -41,9% as a ratio to GDP), 15,8 % more as compared to the end of 2021.

According to preliminary data, the gross external debt of the Republic of Moldova increased by 8,0% as compared to the end of 2021 and totaled US$ 9 457,80 million as of 12/31/2022, which is 65,6% as a ratio to GDP (+1,6 p.p. as against 12/31/2021).