According to preliminary data, in 2016, the current account of the balance of payments recorded a deficit of US$ 276.58 million (down by 33.3 percent as compared to 2015), the capital account registered a deficit of US$ 46.71 million and the financial account recorded a net inflow of US$ 289.99 million. 

The international investment position of the Republic of Moldova recorded a net debit of US$ 5,979.23 million as of 31.12.2016, 7.0% larger as compared to the end of 2015.

The gross external debt of the Republic of Moldova reached US$ 6,594.69 million at the end of 2016, increasing by US$ 213.45 million (3.3%) as compared to the end of 2015.

According to preliminary data, in 2016, the current account of the balance of payments recorded a deficit of US$ 276.58 million (down by 33.3 percent as compared to 2015), the capital account registered a deficit of US$ 46.71 million and the financial account recorded a net inflow of US$ 289.99 million.

The annual budgeted expenditure of the National Bank of Moldova for 2017 was approved in the amount of MDL 219.73 million, being executed in the amount of MDL 195.77 million.

The decision aims to maintain the inflation rate close to the target range of 5.0 percent over the medium-term, with a possible deviation of ± 1.5 percentage points.

In order to be aware of the economic, legal, monetary, prudential and bureaucratic constraints affecting the process of lending to the real sector, the National Bank of Moldova solicits sending proposals to improve the process of lending to the national economy by 20 April 2017.

In February 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$ 79.03 million (increasing by 7.8% as against February 2016).

The Executive Board of the NBM decided to sanction with fines a direct and indirect holder of a qualifying holding in the share capital of BC „Victoriabank” S.A. for failure to submit information and documents required by the National Bank.

Weighted average interest rate on new loans in national currency granted in February 2017 was 11.74 percent, decreasing by 4.27 percentage points compared to the same period last year

In February 2017, monetary base decreased by MDL 372.0 million (1.1 percent) compared to January 2017 and accounted for MDL 33152.0 million.

The non-cash foreign exchange market of the Republic of Moldova is determined by the turnover of purchase/sale transactions of the foreign currency that have taken place on different segments of the market, except those performed by the National Bank of Moldova.

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.

In 2016, the total amount of money transfers from abroad made in favour of individuals of the Republic of Moldova amounted to USD 1 079.24 million.

Thereby, an increased attention during the on-site and off-site inspections will be granted to the following areas: 1. Transparency of shareholders;  2. Credit risk, including non-performing loans, “large” exposures and exposures to affiliated persons;  3. Operational risk;  4. Internal Governance;  5. Anti-money laundering and terrorist financing.

In January 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$ 74.58 million (increasing by 28.1% as against January 2016).

The decision aims to maintain the inflation rate close to the target range of 5.0 percent over the medium-term, with a possible deviation of ± 1.5 percentage points.

Weighted average interest rate on new loans in national currency granted in January 2017 was 11.55 percent, decreasing by 4.54 percentage points compared to the same period of last year.

În luna ianuarie 2017, baza monetară s-a majorat cu 247.5 mil. lei (0.7 la sută) față de luna decembrie 2016 și a constituit 33524.0 mil. lei.

The sixth meeting of the Steering Committee of Twinning Project on strengthening the National Bank of Moldova's capacity in the field of banking regulation and supervision in the context of EU requirements took place on 31 January 2017.

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.

In January 2017, the annual inflation rate was 3.0, increasing by 0.6 percentage points compared to the previous month and was below the lower limit of the range ± 1.5 percentage points from the 5.0 percent target.