The Governor of the National Bank of Moldova, Anca Dragu, participated today in the “Moldova-Romania: Capital Bridges” forum alongside the President of the Parliament, Igor Grosu and the Prime Minister, Dorin Recean, as well as their Romanian counterparts, Nicolae Ciucă and Marcel Ciolacu, along with other dignitaries from Chisinau and Bucharest.

The event, organized by the Bucharest Stock Exchange, aimed to strengthen ties and foster cooperation between the capital markets of Moldova and Bucharest, particularly significant as Moldova navigates its EU accession process.

Discussions encompassed a wide range of topics, ranging from economic reforms and investment opportunities to advancements in the Moldovan banking sector within the context of Moldova’s EU accession negotiations.

In her opening address, Anca Dragu outlined the importance of developing the capital market in Chisinau, emphasizing its significant potential and the imperative to revive this sector. “A robust capital market will benefit the state, the business environment, and most importantly, the citizens”, emphasized the NBM Governor.

Highlighting the invaluable opportunity to benefit from Romania’s experience, Anca Dragu anticipated that this knowledge exchange would pave the way for integration into the European single market, enhancing increased investment and innovation.

The central bank head also highlighted successful projects, including the Twinning Project “Strengthening supervision, corporate governance and risk management in the financial sector”, which recently concluded with special support from the National Bank of Romania and the Financial Supervisory Authority. Another project involved preparing and submitting the file to join SEPA. “Our aim is to bring the Moldavian capital market to the highest European standards”, affirmed the NBM Governor.

Anca Dragu reiterated NBM’s commitment to further aligning the national regulatory and supervisory framework with EU standards and will request assessment from the European Banking Authority regarding the equivalence of Moldovan legislation with European standards.

Concluding her remarks, Anca Dragu expressed her aspirations for the Republic of Moldova to become a respected and valuable participant in the international financial market, ensuring its citizens enjoy the security and prosperity offered by the European Union.

The second edition of the “Moldova – Romania: Capital Bridges” forum consolidated a vital platform for dialogue and cooperation between the public and private sectors in Moldova and Romania, as well as representatives from international financial institutions.

The first edition of this conference was convened by the Bucharest Stock Exchange in 2022.

Forumul „Moldova - România: Poduri de capital”