The document is a detailed analysis of macroeconomic developments in the internal and external environment and mainly concerns the inflationary process, economic activity and the conduct of monetary policy.

The National Bank of Moldova will mark Europe Day on May 11-14, making available to the public more information about the NBM's collaboration with the European Union and the progress made in this regard.

Today's monetary policy decision, along with other previous measures, is aimed at mitigating and counteracting the negative effects of the pandemic on the national economy and strengthens the NBM's position in supporting the economic recovery.

The National Committee on Financial Stability met on April 26, 2021, during the ordinary meeting, to examine the current situation in the banking sector, the insurance sector and the non-bank lending sector.

The decision of the Executive Board of the National Bank of Moldova no. 68 of 22.04.2021 on the establishment of the CCyB rate applied to credit exposures situated in Republic of Moldova enters into force on the date of publication in the Official Monitor of the Republic of Moldova.

The NBM's automated interbank payment system (SAPI) - the system through which payments in Moldovan lei are made on the territory of the Republic of Moldova - has celebrated 15 years since its launch.

In March 2021, the monetary base decreased by MDL 1,067.7 million (1.9%) compared to the previous month and amounted MDL 54,976.0 million, being 14.8 percent higher than in March 2020.

In March 2021, new loans extended by banks totaled MDL 3,512.9 million, recording an increase by 33.8 percent compared to March 2020.

In March 2021, the currency in circulation (M0) amounted to MDL 30,426.1 million, increasing by 607.2 million lei (2.0%) compared to December 2020 as a result of exceeding of the volume of cumulative releases over the volume of cumulative receipts per banking system by MDL 607.3 million  in period January – March 2021.

The National Bank of Moldova (NBM) continues with a series of podcasts the information and awareness campaign “Financial education - a personal, social and economic benefit”.

During 2020, the National Bank of Moldova (NBM) continued the process of prudential supervision of banks in the Republic of Moldova, pursuing compliance with legal requirements, in order to prevent and limit the risks specific to banking. 

The Governor of the National Bank of Moldova, Octavian Armașu, had a meeting with Ambassador Peter Michalko, Head of the European Union Delegation to the Republic of Moldova.

The Governor of the National Bank of Moldova, Octavian Armașu, had a meeting today with the US Ambassador to the Republic of Moldova, Dereck J. Hogan.

Senior officials of the International Monetary Fund, the World Bank and the European Union, as well as the Governors of the NBM and the NBR, together with economic experts discussed in a roundtable online the role of central banks in modernizing society and the challenges they face in emerging economies.

This decision was based on the analysis and evaluation of information associated with excessive liquidity in the banking system.