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  • NBM has remained the basic refinancing rate at 13.5% p.a.

    2015-03-27

    The corresponding decision of Administrative Board of the NBM was adopted at the meeting on Thursday. The central bank also kept the rate for the overnight loans at 16.5% p. and the interest rate on deposits overnight - at the level of 10.5%. The decision is aimed at anchoring of inflation expectations in the context of keeping inflation close to the target of 5% in the medium term with a possible deviation of ± 1,5%. The next meeting of the Administrative Board of the National Bank on monetary policy will take place on April 30, 2015.

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  • The moratorium for Banca de Economii, Banca Socială and Unibank, transferred under special management by NBM, to be extended to 1 year

    2015-03-26

    This was the decision Moldova’s Parliament took by approving the amendment to the law on financial institutions that prolongs the term of the moratorium in these banks from 4 to 12 months. The moratorium has been announced to postpone the execution of the banks’ creditors’ claims and the transfer of the banks’ assets.

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