• Calling days and hours of the governing body of the National Bank of Moldova for citizens.


  • Octavian Armașu, Governor of the National Bank of Moldova

    1st Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 606;


  • Vladimir Munteanu, First Deputy Governor of the National Bank of Moldova

    2nd Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 606;

  • Ion Sturzu, Deputy Governor of the National Bank of Moldova

    4th Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 607.

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2021

The National Bank of Moldova will continue to carefully monitor the evolution of the consumer price index, the internal and external macroeconomic situation, and in due course, will come with the necessary measures to create monetary conditions in order to achieve its fundamental objective.

Today's monetary policy decision, along with other previous measures, is aimed at mitigating and counteracting the negative effects of the pandemic on the national economy and strengthens the NBM's position in supporting the economic recovery.

This decision was based on the analysis and evaluation of information associated with excessive liquidity in the banking system.

The decision was taken at today's meeting of the Executive Committee of the National Bank of Moldova (NBM).

The Executive Board of the National Bank of Moldova (NBM) decided unanimously in today's meeting to maintain at the same level the values of the main monetary policy instruments.

2020

Today's decision of the NBM Executive Board reflects the continuity in the creation by the central bank of monetary conditions to support the national economy.

The decision is aimed at supporting domestic aggregate demand, the lending process and the economy as a whole and was taken following the approval, at today's meeting, of the Inflation Report no. 4, 2020.

The today's decision was taken based on recent data that confirmed the main assumptions and conclusions reflected in the Inflation Report no. 3, 2020.

The NBM is continuously monitoring the macroeconomic situation caused by the pandemic and, in due course, without compromising its fundamental objective of ensuring price stability, will come up with the necessary measures to maintain a sufficient liquidity level for licensed banks, in support of a sustainable and stable banking system. 

This decision reflects the continuity of the NBM’s previous decisions, which creates monetary conditions for lending to the economy.

The Executive Board of the National Bank of Moldova decided unanimously to maintain unchanged the values of the main monetary policy instruments.

The Executive Board of the National Bank of Moldova (NBM) approved unanimously, at today’s extraordinary meeting, the amendment to p.3 of the Decision of 20 March 2020 on the NBM interest rates level and required reserves ratio.

National Bank will continue to use all available instruments to meet the objectives of price stability and to strengthen the banking sector that is well-capitalized and resilient.

The Executive Board of the National Bank of Moldova (NBM) decided unanimously to decrease the base rate applied to the main short-term monetary policy operations by 1,0 percentage points, as from 5,5 percent to 4,5 percent annually. 

The Executive Board of the National Bank of Moldova (NBM) decided unanimously to maintain the base rate applied to the main short-term monetary policy operations at the level of 5.5% annually. In addition, the interest rates on overnight credits and deposits remain unchanged at the level of8.5% and 2.5% annually. 

2019

The Executive Board of the National Bank of Moldova (NBM) decided unanimously to decrease by 2.0 percentage points the base rate applied to the main short-term monetary policy operations, up to 5.5 percent annually.

The NBM will continue to monitor and forecast the internal and external macroeconomic evolutions, risks and uncertainties associated with the evolution of inflation, in order to assure a medium term stability of prices.

The decision was adopted following the most recent evaluation of macroeconomic data.

The Executive Board of the National Bank of Moldova decided unanimously to increase by 0.5 percentage points the base rate applied to the main monetary policy operations, on a short term, which now constitutes up to 7.5% annually.

The decision is imposed by the inflationary pressures caused, in particular, by the increase in the payroll fund and consumer credits, as well as the positive fiscal impulse in the current and next year due to the expected release of external financing. 

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