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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.
Petru Rotaru, First Deputy Governor
2nd Wednesday of the month: 14.00-16.00.
Tatiana Ivanicichina, Deputy Governor
3rd Wednesday of the month: 14.00-16.00.
Constantin Șchendra, Deputy Governor
4th Wednesday of the month: 14.00-16.00.
Mihnea Constantinescu, Deputy Governor
5th Wednesday of the month: 14.00-16.00.
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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.
Financial stability is achieved by strengthening the resilience of the financial system, limiting the contagion effect and reducing the accumulation of systemic risks, thus contributing to the sustainability of the financial sector and economic growth.
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 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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In April 2019, new loans extended by banks totalled MDL 2,958.0 million, recording an increase of 30.4%, compared to April 2018.
The annual rate of inflation shall increase by the end of the current year, and afterwards, diminish by the end of forecast horizon.
The Single Central Depository of Securities (SCD) carried out the first settlements with securities for the operations concluded on stock exchange.
The decision aims to create monetary conditions capable to keep the inflation on medium term within the variation range of ±1.5 percentage points from the inflation target of 5.0%.
In the first quarter of 2019, the total amount of money transfers from abroad made in favour of individuals of the Republic of Moldova amounted to USD 276.81 million.
During the first quarter of 2019, the National Bank of Moldova continued to implement the reforms in the banking sector. It focuses mainly on the process of transparency of the banking ownership aiming to protect depositors’ and bank’s customers interests.
In March 2019, the total amount of net money transfers from abroad made in favour of individuals via licensed banks of the Republic of Moldova amounted to US$ 101.96 million (down by 7.1% as against March 2018).
As of 1 May 2019, the Single Central Depository (SCD) will perform the settlement of corporate securities of joint stock companies. Meanwhile, the registry companies are obliged to submit to the SCD the registers of securities holders of banks and insurance companies.
In March 2019, new loans extended by banks totalled MDL 2,859.0 million, recording an increase of 29.0%, compared to March 2018.
The bank operates in normal regime and provides the full range of services, including those related to deposits, lending and settlement operations.
In March 2019, the monetary base increased by MDL 912.1 million (2.2 percent) as compared to the previous month and accounted for MDL 42,732.8 million, being by 9.5 percent higher than in March 2018.
There are no premises for crisis situations on foreign exchange market, there exist minor gaps between supply and demand of foreign currency. The main market participants demonstrate calm and operate in normal regime.
The delegation of the Republic of Moldova headed by the Minister of Finance, Ion Chicu, and the Governor of the National Bank of Moldova, Octavian Armașu, attended the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group, which took place on 8-14 April in Washington, D.C..
The banks are capitalized, solvable, stable and will continue to operate in normal regime, providing all range of services, including those related to deposit, lending and settlement operations.
Under the Law no. 202 of 6 October 2018 regarding bank activity, the Executive Board of the National Bank of Moldova (NBM) has established banks that are Other Systemically Important Institutions (O-SII) from Republic of Moldova as of 31 December 2018.
At the meeting held on 5 April 2019, the Executive Board of the National Bank of Moldova (NBM) approved a new Regulation on large exposures as well as amendments to the Regulation on Banks’ transactions with their related parties.
According to preliminary data, in 2018, the current account of the balance of payments of Moldova recorded a deficit amounting to US$ 1 186,71 million, the capital account registered a deficit of US$ 39,38 million, and the financial account recorded a net capital inflow of US$ 1 132,16 million. The international investment position amounted to US$ - 4 166,92 million at the end of 2018, while the gross external debt reached US$ 7 302,02 million.
According to preliminary data, the international investment position of the Republic of Moldova recorded a net debit of US$ -4 166,92 million as of 31.12.2018, which was 28,2 % larger as compared to the end of 2017.
According to preliminary data, the gross external debt of the Republic of Moldova reached US$ 7 302,02 million at the end of 2018, increasing 4,8 % as compared to the end of 2017.
According to preliminary data, in 2018, the current account of the balance of payments recorded a deficit of US$ 1 186,71 million, the capital account registered a deficit of US$ 39,38 million, and the financial account recorded a net capital inflow of US$ 1 132,16 million.
The Central Banks’ Governors Club is a platform for discussing global and regional economic developments, exchange of experience and debates on cooperation opportunities.
In February 2019, the total amount of net money transfers from abroad made in favour of individuals via licensed banks of the Republic of Moldova amounted to US$ 88.83 million (down by 5.2% as against February 2018).
The metal coins included in the set are accepted as means of payment in the Republic of Moldova, at their face value.
In February 2019, new loans extended by banks totalled MDL 2,508.2 million, recording an increase of 44.2%, compared to February 2018.
On 25-31 March 2019, the National Bank of Moldova (NBM) will conduct a set of activities within the Global Money Week 2019 under the theme "Learn. Save. Earn".
In February 2019, the monetary base increased by MDL 1,097.8 million (2.7 percent) as compared to the previous month and accounted for MDL 41,820.7 million, being by 12.5 percent higher than in February 2018.
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