National Bank
National Bank of Moldova forecasts higher inflation rate in 2011
May 10, 2011The National Bank of Moldova (BNM) has forecast an increase in the inflation rate in 2011 from 7.9 per cent to 8.4 per cent, because of heavier inflationary pressure than foreseen in February, when the BNM released its first report on inflation. The...
Moldova's currency reserves hit historical record
April 18, 2011Moldova's currency reserve assets have hit a new historical record of 1.823.2 billion dollars, according to data put out by the National Bank of Moldova. The historical record of 1.803.9 billion dollars was recorded on 30 September 2008. The subsequent...
Moldovan National Bank currency reserves up by 237 million dollars in 2010
January 14, 2011The official reserve of the National Bank of Moldova increased by 237.4 million dollars, reaching 1,717,680 million dollars by late 2010, according to data provided by the bank. The figure, the highest recorded at year end, exceeds the authorities'...
Credits will become cheaper considerably within few years
December 28, 2010Moldovan banks will considerably reduce the cost of credits, because there is expected that inflation will go down to 5% by the end of 2012. The statement was provided by President of the National Bank of Moldova (NBM) Dorin Dragutanu. During an interview...
National Bank governor says medium-term monetary policy strategy's goals met
December 24, 2010"We have fulfilled everything that we planned in the 2010-2012 medium-term monetary policy strategy to ensure and maintain the stability of prices," the governor of the National Bank of Moldova (BNM), Dorin Dragutanu, has said. Dragutanu...
NBM may build up basic rate and amount of leu required reserve for commercial banks
December 07, 2010The National Bank of Moldova (NBM) considers the possibility to increase the basic rate and the required leu reserve level in banks, pleading an expected strengthening of the inflationary pressure due to the economy restoration and even its faster growth...
Volume of loans provided by banks in February increased
March 20, 2009Moldovan banks provided more loans in February then in January on the background of the reduction of interests to loans in MDL and increase of interest to loans in foreign exchange. According to the recent data of the National Bank of Moldova (NBM),...
Results of National Bank of Moldova auction with state securities
March 12, 2009On Wednesday, March 11, during the auction with state securities within the National Bank of Moldova (BNM), state securities with a floating interest rate maturing in 2 years were put for sales. The supply of state securities was of 11 mln lei, with...
Commercial banks are willing to redistribute the debts
March 11, 2009Commercial banks are willing to start the redistribution procedure for the crediting debts of the agricultural producers and do have a credit portfolio in the necessary volume to ensure their applications. The statement was made by Governor of the National...
Foreign direct investment rose 1.8 times over nine months
January 14, 2009The foreign direct investment in the Moldovan economy during January-September last year had increased 1.8 times to US$627.42 million. Sources in the National Bank of Moldova have told REPORTER.MD that investments in the share capital came to US$338...