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  • Sergiu Cioclea, Governor of the National Bank of Moldova

    1st 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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A package of documents on the providing of the European Union’s macro-financial assistance to the Republic Moldova was signed on 23 November 2017 in Brussels.

Recently, at the invitation of the German Economic Team in Moldova (GET Moldova) and the German Council for International Relations (DGAP), the Minister of Finance, Octavian Armașu, and the Governor of the NBM, Sergiu Cioclea, made a working visit to Berlin to participate in a seminar dedicated to the economic and banking reforms in the Republic of Moldova.

The National Bank of Moldova (NBM), the National Commission for Financial Markets (NCFM), the Ministry of Education, Culture and Research, and the Centre for Excellence in Economics and Finance signed a Memorandum of Understanding for training specialists in the financial and banking field.

The Head of the EU Delegation to the Republic of Moldova, Peter Michalko, discussed with the Governor of the NBM Sergiu Cioclea and with the Deputy Governor Cristina Harea about the progress of reforms in the banking sector and about the actions to be taken in the framework of the EU- Republic of Moldova Association Agreement.

On 23 October 2017, the National Bank of Moldova (NBM) was visited by Jason Brett Pellmar, Regional Manager for Moldova, Ukraine and Belarus of the International Finance Corporation (IFC), part of the World Bank Group.

Today, the Minister of Finance, Octavian Armaşu, and the Governor of the NBM, Sergiu Cioclea, met jointly with the EU Ambassador to the Republic of Moldova, Peter Michalko, and with over 20 European ambassadors accredited in our country.

The Republic of Moldova’s delegation, led by Octavian Armașu, the Minister of Finance and Sergiu Cioclea, the NBM Governor, carried out a visit to Washington to participate in the Annual Meetings of the International Monetary Fund (the IMF) and the World Bank Group that took place on 10-15 October 2017.

Nils Oeyvind Maehle, a Senior Economist with the IMF Monetary and Capital Markets Department, payed a working visit to the National Bank of Moldova (NBM) on September 28-29, 2017.

The signed memorandum opens new opportunities to extend the technical assistance in the banking field and to attract the expertise of the EU central banks.

The draft law sets out the transition to Basel III principles through the harmonization with the EU legislation and was developed with the EU financing support, within the Twinning project.

The meeting discusses the need to accelerate the structural reforms in order to support economic growth, strengthen state institutions and improve governance in the countries of Central Eastern and Southeastern Europe.

The document provides for the creation of framework to facilitate the collaboration between the parties and to extend the technical assistance in banking sector.  At the same time, the memorandum offers new opportunities to attract international expertise from the Black Sea countries in fields of major interest for the NBM.

The key goal of the project was to assist the National Bank of Moldova (NBM) in strengthening its prudential supervision framework through approximation with the practices and standards applicable to the central banks of the EU countries. Also, the project aimed to improve the NBM prudential regulations, oriented to affirmation of a sound and competitive banking sector.

The Governor of the NBR, Mugur Isărescu, seemed convinced that thanks to this project, the banking sector of the Republic of Moldova is on the right way. In this context, the Head of the NBR made an appeal to banks of Romania to enhance their presence in the Republic of Moldova.

The beneficiaries of the Twinning Project will be licensed banks and citizens of the Republic of Moldova, who will enjoy a reliable and stable banking system.

The implementation of the International Monetary Fund (IMF) program and the progress of the reforms in the banking system were the main topics discussed by the delegation of the Republic of Moldova during the Spring Meetings of the IMF and the World Bank Group. The event took place on 17-23 April 2017 in Washington, D.C..

The beneficiaries of the Project, apart from staff of the NBM and the licensed banks will be, ultimately, the citizens of the Republic of Moldova, who will enjoy a reliable and stable banking system.

The sixth meeting of the Steering Committee of Twinning Project on strengthening the National Bank of Moldova's capacity in the field of banking regulation and supervision in the context of EU requirements took place on 31 January 2017.

The project is carried out in accordance with the initial approved work plan, as an annex of the Twinning Contract. The main purpose of the project is to strengthen banking regulation and to develop the supervisory instruments in order to ensure an appropriate management of risks in banks in accordance with EU best practices in this regard.

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