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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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The annual rate of inflation was 3.9 percent in the fourth quarter of 2012, by 0.5 percentage points lower than the previous quarter.
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.
Tier I capital decreased by 6.4 percent, constituting 6924.0 million lei as at December 31, 2012. The decrease of this financial indicator was determined by the calculated but unformed yet amount of allowances for the impairment losses on asset and conditional commitments by MDL 977.2 million or by 61.1 percent, which is excluded from the calculation of Tier I capital.
The balance of payments of the Republic of Moldova was affected in 2012 by a number of factors, both endogenous and exogenous. The winter frost and the summer drought of 2012, by endamaging agriculture, have influenced the external trade, along with the slumping demand in European countries and the increase in world prices of food and oil.
The annual budgeted expenditure of the National Bank of Moldova for 2012 was approved in the amount of MDL 469.05 million, being executed in the amount of MDL 459.52 million.
In 2012, the total amount of money transfers from abroad made in favour of individuals of the Republic of Moldova amounted to US$ 1,1494.23 million or by 3.5 percent more than in 2011.
The annual inflation rate constituted 4.4 percent in the third quarter of 2012, reversing its downward trend started at the end of the previous year.
1 Grigore Vieru Avenue,
MD-2005, Chisinau, Republic of Moldova.
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