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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 June 2018, the annual inflation rate constituted 3.2%, by 0.4 percentage points higher than in the previous month, and was placed for the second month, according to previously published forecasts, below the lower limit of the variation range of ± 1.5 percentage points from the 5.0% target.
On Thursday, July 5, 2018, the Governor of the National Bank of Moldova (BNM) Sergiu Cioclea held a meeting with the IMF Executive Director Anthony de Lannoy during his visit to Chisinau.
„Moldova’s strong commitment to the Fund-supported program has contributed to a further strengthening of the economy”, is shown in the IMF press release, issued on 29 June 2018.
According to preliminary data, in Q I 2018, the current account of the balance of payments recorded a deficit of 189.96 million (that worsened by 51.2 percent as compared to Q I 2017), the capital account registered a deficit of US$ 7.27 million and the financial account recorded a net inflow of US$ 119.33 million. The international investment position of the Republic of Moldova amounted to US$ - 4,152.13 million at the end of the first quarter of 2018, while the gross external debt of the Republic of Moldova reached US$ 7,204.68 million.
The international investment position of the Republic of Moldova amounted to US$ - 4,152.13 million as of 31.03.2018, 5.0 % larger as compared to the end of 2017.
According to preliminary data, in Q I 2018, the current account of the balance of payments recorded a deficit of 189.96 million (that worsened by 51.2 percent as compared to Q I 2017), the capital account registered a deficit of US$ 7.27 million and the financial account recorded a net inflow of US$ 119.33 million.
The gross external debt of the Republic of Moldova reached US$ 7,204.68 million at the end of Q I 2018, increasing by US$ 230.98 million (3.3%) as compared to the end of 2017.
In May 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$ 126.26 million (increasing by 19.9% as against May 2017).
The Executive Board of the National Bank of Moldova (NBM) decided to apply a fine to the " Banca de Finanțe si Comerț" S.A.. The bank operates in normal regime and provides all services, including those related to deposits, lending and settlements operations. At the same time, the established irregularities did not exceed the prudential limits and do not represent a major risk for financial stability.
The Executive Board of the National Bank of Moldova (NBM) decided to apply a fine to the "Banca de Finanțe si Comerț" S.A.. The bank operates in normal regime and provides all services, including those related to deposits, lending and settlements operations. At the same time, the established irregularities did not exceed the prudential limits and do not represent a major risk for financial stability.
On Tuesday, 19 June 2018, the Executive Board of the National Bank of Moldova (BNM) approved the acquisition by an international consortium of investors of 41.09 percent stake in the share capital of the commercial bank “MOLDOVA-AGROINDBANK” SA.
In May 2018, weighted average loan interest rate on new loans extended in domestic currency recorded 8.63 percent, having decreased by 1.63 percentage points compared to the same period of the previous year.
In May 2018, monetary base decreased by MDL 118.2 million (0.3 percent) compared to the previous month, and accounted for MDL 38562.6 million.
The activities carried out by the NBM in 2017 were in line with the reforming strategy embraced by the Bank in 2016, among the main goals of which can be listed the stabilisation of monetary conditions, the strengthening of the banking sector and the improvement of the national legislative and regulatory framework.
The Executive Board of the National Bank of Moldova decided to apply the warning sanction to BC “EuroCreditBank” S.A.
This report elucidates the financial status of the National Bank and has no direct connection with the primary objective of ensuring and maintaining price stability.
Total assets: 67,823,408 thousand MDL;
Total liabilities: 63,818,692 thousand MDL;
Total capital and reserves: 4,004,716 thousand MDL.
Net (loss): (4,976,079) thousand MDL;
Total comprehensive result for the period: (4,980,825) thousand MDL;
(Total loss): (95,309) thousand MDL.
In May 2018, the annual inflation rate recorded 2.8%, a level by 0.9 pp. lower than in the previous month, thus falling, as forecasted, below the lower limit of the variation range of ± 1.5 pp. from the 5.0% target.
The decision was made on the basis of most recent updated macroeconomic analyses and of adjustment of the medium-term inflation forecast.
Dozens of people willing to find out how a central bank’s activities visited on Monday, 4 June 2018, the National Bank of Moldova (NBM).
4 June 2018.
1 Grigore Vieru Avenue,
MD-2005, Chisinau, Republic of Moldova.
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