Welcome to the official website of the National Bank of Moldova!
×
Do you have good eyesight and want to turn this tool off?
Do you have good eyesight and want to turn this tool off?
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;
Telephone: +373 22 822 606.
Vladimir Munteanu, First Deputy Governor
2nd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Tatiana Ivanicichina, Deputy Governor
3rd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
Constantin Șchendra, Deputy Governor
4th Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
Welcome to the official website of the National Bank of Moldova!
If you want to send a message (question or suggestion) on-line, go to section "Feedback" from the main menu at the top of the website.
You can choose one of the most popular reports from the list:
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.
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 supervises the payment system of the Republic of Moldova and promotes a stable and efficient functioning of the automated inter-bank payment system
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.
The website www.bnm.md prioritizes data security and uses cookies to enhance the browsing experience and user comfort. Accepting the use of cookies increases the page's working speed and ensures the normal functioning of the information presentation modules. Refusing the use of cookies can slow down the site's loading and hinder smooth navigation between pages. More details in the Cookie Usage Policy.
The National Bank of Moldova (NBM) continues the transparency process of the banking ownership in order to protect the interests of depositors and banks’ customers and to ensure the continued compliance with legal requirements by shareholders. This is a natural process in the context of reforms in the banking sector aiming at strengthening and streamlining the financial-banking sector. In this regard, on 11 January 2019, the NBM Executive Board adopted two decisions with reference to BC „Banca de Finanţe şi Comerţ” S.A. and BC „ENERGBANK” S.A.
The National Bank found, by its decision of 11 January 2019, that a group of shareholders are acting in concert in relation with BC „Banca de Finanţe şi Comerţ” S.A. These shareholders have acquired and hold a qualifying holding in the bank’s share capital, in the amount of 36,15 percent, without the prior written permission of the National Bank of Moldova. Thus, the provisions of the Law on banks’ activity have been violated. Consequently, the exercise of certain rights of these shareholders has been suspended, namely: the right of voting, right of revocation and that of conducting the shareholders’ general meeting, of introducing matters on the agenda, right of proposal and nomination of candidates for members of executive boards and the right of receiving dividends. Following the NBM decisions, these shareholders shall, according to law, dispose of shares held in the share capital of BC „Banca de Finanţe şi Comerţ” S.A.
The concerted activity, without the prior written permission of the NBM was also found at the BC „ENERGBANK” S.A. In this sense, the NBM Executive Board adopted, during the same meeting, a decision to suspend the exercise of certain rights with regard to 52,77 percent of shares. Following the NBM decisions, these shareholders shall, according to law, dispose of shares held in the share capital of BC „ENERGBANK” S.A.
At the same time, taking into account the size of share package of more than 50 percent, in accordance with the Law on banks’ recovery and resolution, the NBM decided in the case of this bank to apply early intervention measures by appointing temporary administrators. A part of the executive team and of the bank’s council, which will remain in place, will be completed by temporary administrators appointed by the NBM.
The measure was taken in order to ensure a sound and prudent management of the bank’s activity during the period of solving the deficiencies identified in their ownership structure.
Both BC „Banca de Finanţe şi Comerţ” S.A. and BC „ENERGBANK” S.A. will continue to operate in normal regime and will provide further the full range of services, including those related to operations with deposits, lending and settlement. Both banks are well capitalized, stable and solvent.
In total assets of banking sector of the Republic of Moldova, BC „Banca de Finanţe şi Comerţ” S.A. holds a share of 3.7 %, while BC „ENERGBANK” S.A. of 3.2%.
The NBM decisions refer to the ownership structure and are included in the reforms agenda of the National Bank of Moldova, which also include measures of the banking sector transparency and reinforcement.
Similar measures to suspend the rights of certain shareholders have also been previously taken at other licensed banks of the Republic of Moldova, such as BC „MOLDOVA-AGROINDBANK” and BC „Moldindconbank” S.A. The NBM actions lead to the improvement of the banks’ situation with regard to the shareholders transparency and corporate governance, making them attractive for qualitative investors.
During the last two years, the main indicators of BC „MOLDOVA - AGROINDBANK” S.A. and BC „Moldindconbank” S.A. manifested a positive trend: the capital, assets and liquidity indicators continue to increase, thus being ensured the banks’ financial stability.
The NBM will continue to apply the best international practices in order to have sound and resilient banks, which will provide safe and modern services to the depositors and business environment.
1 Grigore Vieru Avenue,
MD-2005, Chisinau, Republic of Moldova.
© 2023 National Bank of Moldova
Terms of use