In June 2017, monetary base increased by MDL 1425.5 million (4.1 percent) compared to the previous month and accounted for MDL 35892.0 million.

Weighted average interest rate on new loans in national currency granted in June 2017 was 10.03 percent, decreasing by 4.12 percentage points compared to the same period last year.

The activity of the National Bank of Moldova on the foreign exchange market (foreign exchange interventions) is performed in strict compliance with the monetary and foreign exchange policy objectives.

The draft law sets out the transition to Basel III principles through the harmonization with the EU legislation and was developed with the EU financing support, within the Twinning project.

In June 2017, annual inflation rate was 7.3 percent, by 0.1 percentage points lower than the previous month, and continued to be above the upper limit of the range of 5.0 percent ± 1.5 percentage points. 

The meeting discusses the need to accelerate the structural reforms in order to support economic growth, strengthen state institutions and improve governance in the countries of Central Eastern and Southeastern Europe.

The National Bank of Moldova warns the payment service users on the fact that virtual currencies and related exchange methods are not subject to regulation on the territory of the Republic of Moldova. Respectively, the users’ funds are not protected. The National Bank will further monitor the development of international practices in this field.

The document provides for the creation of framework to facilitate the collaboration between the parties and to extend the technical assistance in banking sector.  At the same time, the memorandum offers new opportunities to attract international expertise from the Black Sea countries in fields of major interest for the NBM.

According to preliminary data, in Q I 2017, the current account of the balance of payments recorded a deficit of 112.77 million (that worsened by 41.5 percent as compared to Q I 2016), the capital account registered a deficit of US$ 11.99 million and the financial account recorded a net inflow of US$ 59.65 million. The international investment position of the Republic of Moldova remained net debit totaling US$ -6,133.37 million at the end of the first quarter of 2017, while the gross external debt of the Republic of Moldova reached US$ 6,688.60 million.

According to preliminary data, in Q I 2017, the current account of the balance of payments recorded a deficit of 112.77 million (that worsened by 41.5 percent as compared to Q I 2016), the capital account registered a deficit of US$ 11.99 million and the financial account recorded a net inflow of US$ 59.65 million.

The international investment position of the Republic of Moldova recorded a net debit of US$ 6,133.37 million as of 31.03.2017, 2.6 % larger as compared to the end of 2016.

The gross external debt of the Republic of Moldova reached US$ 6,688.60 million at the end of Q I 2017, increasing by US$ 93.91 million (1.4%) as compared to the end of 2016.

This decision aims to create real monetary conditions able to decrease the inflation within the range of ± 1.5 percentage points from the 5.0 percent target on medium-term and to stimulate the aggregate demand.

The consultations may involve legal entities and individuals who have reached the age of 16. Participants may present one concept for each type of coin. 

In May 2017, 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$ 105.23 million (increasing by  19.1% as against May 2016).

The customers of B.C. „EXIMBANK-Gruppo Veneto Banca" S.A. of the Republic of Moldova will not bear any consequences as a result of this transfer: the bank’s offices and subdivisions will be fully functioning and open on a regular basis. All banking operations will be performed without changes only under the responsibility of the new shareholder - Intesa Sanpaolo.

The Executive Board of the National Bank of Moldova approved the Regulation on banks’ activity management framework. The new provisions refer to the bank’s corporate governance structure, internal control mechanism and risks management methods

To date, the NBM have not received another update of the Kroll ongoing investigation. At its receipt, the NBM will engage in discussions with Kroll team in order to evaluate the opportunity to publish the results of the investigation and to lift confidentiality restrictions.

In May 2017, monetary base increased by MDL 760.4 million (2.3 percent) compared to the previous month and accounted for MDL 34466.5 million.

Weighted average interest rate on new loans in national currency granted in May 2017 was 10.41 percent, decreasing by 4.82 percentage points compared to the same period last year.

Total assets: 64,416,686 thousand, MDL;
Total Liabilities: 56,265,678 thousand, MDL;
Total capital and reserves, total loss and revaluation differences: 8,151,008 thousand, MDL.

Net loss: (831,265) thousand, MDL;
Total comprehensive result for the period: (834,533) thousand, MDL;
Ttotal loss: (19,637) thousand, MDL.