Banks
State budget replenished with 123.2 million lei in securities proceeds
July 23, 2010On Tuesday, the Moldovan Ministry of Finance earned 123.2 million lei (US$9.8 million) on selling government securities (GS) to Moldovan banks. The MoF initially proposed the GS to a sum of 112 million lei, but the banks had a demand for 255.3 million...
Paradigm Lost: The Euro in Crisis
June 04, 2010By Uri Dadush The acute phase of the global financial crisis was short, lasting from the collapse of Lehman Brothers on September 15, 2008, to the day the Dow hit a trough on March 9, 2009. But, like a violent heart attack, the interruption of credit...
Socialist Greek government considers legal action against US banks
May 17, 2010Greek Prime Minister George Papandreou says he is not ruling out legal action against U.S. investment banks, which he says bear "great responsibility" for his country's debt crisis. Mr. Papandreou told the Cable News Network Sunday that such...
Experts say Tobin tax not applicable in Moldova
May 12, 2010The Tobin tax, which the Ministry of Finance wants to introduce for banks in 2012 to divide the taxation system for banks from the economic agents, is considered to be inapplicable for Moldova, Mai 11. This is the opinion of Adrian Lupusor, an expert...
US real estate: Foreclosure prevention program not achieving its target
March 19, 2010U.S. President Barack Obama announced his administration's foreclosure prevention program in February 2009, expectation being that "as many as 3 to 4 million homeowners to modify the terms of their mortgages." In the United States, one in...
Federal Reserve wants supervision of all U.S. banks
March 18, 2010By Mil Arcega Fed Chief argues for more Central Bank oversight Federal Reserve Chairman Ben Bernanke stated his case before Congress Wednesday that the Fed should retain supervision of all U.S. banks and not just those institutions that are too big...
Saving money and preventing foreclosure techniques described in a new book
February 26, 2010The Business Wire reports about a new book by Charles McKay titled "Smart Real Estate Deals in the Bank Bailout Era and Beyond," which gives homeowners, investors, accountants, and bailout banks strategies to save money, increase cash flow,...
Loans worth 1.45bn lei released in June
August 01, 2008Banks this June granted loans worth 1.45 billion lei, an increase of 3% compared with a month before. 82.8% of the loans were released in national currency. According to the National Bank of Moldova, the loans offered in lei for a period of over ...
The volume of remittances to Moldova in January-April 2008 has made almost 0,5 billion dollars
June 17, 2008In January-April, 2008 in Moldova from physical persons from abroad through commercial banks of the country has acted 474,96 million dollars, that on 64,3 % is more than parameters for the same period of 2007. According to National bank of Moldova...
Azeri banks disposed to invest in Moldovan economy
June 02, 2008“Moldova’s dependence on imported energy resources makes our country participate in GUAM projects,” the president of the Banks’ Association of Moldova Dumitru Ursu said recently in Baku. He referred to the projects on building...