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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;
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.
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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.
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.
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As of 1 May 2019, the Single Central Depository (SCD) will perform the settlement of corporate securities of joint stock companies. Meanwhile, the registry companies are obliged to submit to the SCD the registers of securities holders of banks and insurance companies.
In this context, at the meeting of 18 April 2019, the Executive Board of the National Bank of Moldova decided the modification and completion of the SCD Regulation that it will apply to its activity, including to corporate securities under the Law on single central securities depository.
One of the strategic priorities of the SCD is the development of new products, provision of online access to the accounts of securities, as well as the possibility to perform transactions with securities via internet. “The effective launching of the SCD in 2018 and the current diversification of its operations constitute an important phase in the reformation process of the national financial market, which has the aim to ensure the protection of the rights of securities’ holders, management of systemic risks and preserving the stability of the financial market of the Republic of Moldova”, stated Aureliu Cincilei, the Deputy Governor of the NBM, who manages the NBM’ subdivision in charge with the implementation of the SCD project. According to Mr. Cincilei, the reform of the financial infrastructure must continue with the improvement of services and the implementation of new technologies and solutions for investors, issuers and participants of the SCD.
The creation of the Single Central Depositary is one of the key reforms of the financial market in Moldova achieved under the IMF programme and with the support of the USA Agency for International Development (USAID). The new supervisory and settlement mechanism provided by the SCD will ensure a high level of transparency, safety and efficiency in conducting operations with securities. The activity model of the Single Central Depository is based on international standards and practices in the field of settlement systems and the national legislation on SCD transposes the applicable regulations of the European Union.
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