In 1991, in accordance with the legislation, a two-level banking system was formed. Within this system the National Bank of Moldova (NBM) acts as central bank, but is not implicated in the commercial banking. In June and July 1995 the Parliament adopted Laws on the NBM and on Financial Institutions.

These Laws provide stipulations meant to strengthen the NBM role in working out and implementing the monetary and foreign exchange policies and to insure a stable and durable financial system.

The NBM is responsible for the authorization, supervision and regulation of financial institutions’ activity.

See also:

NBM - The Central Bank of the Republic of Moldova 

Monetary policy   

Foreign exchange policy   

Balance of payments 

Financial markets

Inflation rate

Interest rates on deposits

Interest rates on credits

Leu - Moldova's currency

Source: Moldova's National Bank (Central Bank)