Information on banks in liquidation process and persons in the position of liquidator.

The Governor of the National Bank of Moldova, Octavian Armasu, participated in the inauguration of “FINPractice” - Practical continuous training center for finance specialists in the Republic of Moldova, hosted by the Centre for Excellence in Economics and Finance of Chisinau.

In Q I 2019, the current account of the balance of payments recorded a deficit of US$ 242,01 million, the capital account registered a deficit of US$ 13,66 million, and the financial account recorded a net capital inflow of US$ 312,27 million. The international investment position amounted to US$ -4 348,96 million at the end of Q I 2019, while the gross external debt totaled US$ 7 234,15 million.

The gross external debt of the Republic of Moldova totaled US$ 7 234,15 million at the end of Q I 2019, down by 0,9% as compared to the end of 2018.

In Q I 2019, the current account of the balance of payments recorded a deficit of US$ 242,01 million, the capital account registered a deficit of US$ 13,66 million, and the financial account recorded a net capital inflow of US$ 312,27 million.

The international investment position of the Republic of Moldova recorded a net debit of US$ 4 348,96 million as of 31.03.2019, which was 4,4 % larger as compared to the end of 2018.

In May 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$ 108.35 million (down by 14.2% as against May 2018).

In May 2019, the monetary base increased by MDL 139.3 million (0.3%) compared to the previous month and constituted MDL  44,236.1 million, which constitutes 14.7% more than in May 2018.

In May 2019, new loans extended by banks totalled MDL 2,714.8 million, recording an increase of 9.1%, compared to May 2018.

The decision is imposed by the inflationary pressures caused, in particular, by the increase in the payroll fund and consumer credits, as well as the positive fiscal impulse in the current and next year due to the expected release of external financing. 

In June 2019, new loans1 extended by banks totalled MDL 2,830.2 million, recording an increase of 8.7%, compared to June 2018.

During the last two months, more than 400 pupils and students from Chișinău, Bălți, Cahul and Ungheni, attended the information sessions organized by the National Bank of Moldova (NBM) in partnership with “Expert-Grup” that jointly conduct the financial education project "Learn! Give Sense to Money".

The NBM continues to be prudent in monitoring international transfers in the context of the 2016 reform agenda agreed with development partners for the benefit of citizens, the banking sector and the real economy.

The National Bank of Moldova hosted the annual meeting of the Centre of Excellence in Finance, known worldwide due to its support in implementing reforms in the public finance and financial-banking sectors in South East Europe through training activities. 

Net profit /(loss): 1 221 thousand MDL;
Total comprehensive result for the period: 8 029 thousand MDL;
Profit available for distribution/ (total loss): 249 126 thousand MDL.

Total assets: 71 119 656 thousand MDL;
Total liabilities: 67 108 799 thousand MDL;
Total capital and reserves: 4 010 857 thousand MDL.

The annual budgeted expenditure of the National Bank of Moldova for 2018 was approved in the amount of MDL 237,40 million, being executed in the amount of MDL 189,61 million.

During 2018, the NBM maintained the base rate at 6.5 percent. At the same time, the NBM increased the minimum required reserve ratio from financial means attracted in MDL from 40.0 percent to 42.5 percent.