In January 2019, the monetary base decreased by MDL 2,834.1 million (6.5 percent) as compared to the previous month and accounted for MDL 40,722.9 million.

In January 2019, new loans totalled MDL 2,120.2 million, recording an increase of 24.7%, compared to January 2018.

The annual rate of inflation shall increase by the end of the current year, afterwards the trajectory will reverse and inflation will decrease by the end of the forecast horizon.

The decision was taken based on the recent macroeconomic analysis and the assumptions made in the new medium-term inflation forecast round, being also taken into account the external environment forecasts and fiscal policy adjustments.

The bank will continue to operate in normal regime and to provide the full range of services, including those related to deposits, lending and settlements operations.

The Executive Board of the National Bank of Moldova (NBM) set the rate of the countercyclical capital buffer (CCyB) applied to credit exposures situated in the Republic of Moldova, based on the CCyB referential calculated as of the third quarter of 2018.

In 2018, the total volume of money transferred to individuals, residents of the Republic of Moldova, amounted to USD 1,266.84 million.

On 21 January 2019, the National Bank of Moldova (NBM) joined the Memorandum of cooperation concluded between the European Banking Authority (EBA) and the banking supervisory authorities in several of the South-Eastern European (SEE) countries.

The National Bank of Moldova continues to promote the reforms implemented for the development of a stable and transparent banking sector that would assure the basis for the national economic growth.

As during the previous year, in 2019, the National Bank of Moldova will continue to reform the domestic regulatory and banking supervision framework.

In December 2018, 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$ 96.36 million (down by 9.3% as against December 2017).

The Executive Board of the National Bank of Moldova decided on Tuesday, 22 January 2019, to give the prior permission to „DOVERIE UNITED-HOLDING AD” for the acquisition of the share package in the amount of 63,89 percent of BC „Moldindconbank” S.A.

BC "Moldindconbank" S.A. operates in normal regime and provides the full range of services, including those related to deposits, lending and settlement operations.

In December 2018, the monetary base increased by MDL 2,378.4 million (5.8 percent) as compared to the previous month and accounted for MDL 43,556.9 million.

In December 2018, new loans  totalled MDL 2,832.9 million, recording an increase of 23.4%, compared to December 2017.

Both banks will continue to operate in normal regime. The NBM will continue to apply the best international practices in order to have sound and resilient banks, which will provide safe and modern services to the depositors and business environment.

The interview was conducted based on the questions received from mass-media institutions and other news websites from the Republic of Moldova, at the request of the NBM.

In QIII 2018, the current account of the balance of payments recorded a deficit of US$ 338,09 million, the capital account registered a deficit of US$ 12,05 million, and the financial account recorded a net capital inflow of US$ 281,43 million. The international investment position amounted to US$ -3 833,27 million at the end of Q III 2018, while the gross external debt reached US$ 7 199,10 million.

The gross external debt of the Republic of Moldova reached US$ 7 199,10 million at the end of Q III 2018, increasing 3,4% as compared to the end of 2017.