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.