NBM
Moldovan economy reached pre-crisis development level - NBM
March 05, 2011The economy of Moldova has reached its pre-crisis development level, the National Bank of Moldova (NBM) said. According to the NBM statement, assessing the current macroeconomic condition and medium-term macroeconomic indices, the gross domestic product...
Foodstuff prices went up 2.5% in January
February 18, 2011The prices on foodstuff went up 2.5% in January 2011 against December 2010, press service of the National Bank of Moldova (NBM) said. According to the NBM statement, the price growth was caused by the potatoes cost increase (up 14.7%) due to the regional...
NBM says increase of required bank reserve by 3% - not tight measure
February 07, 2011The decision of the National Bank of Moldova (NBM) to increase the required bank reserve rate to 11% from 8% now is not a severe measure, President of the NBM Dorin Dragutanu said. During a press conference recently, he said the demand has been laid...
Banks' bad debts portfolio exceeds 17% - NBM president Dorin Dragutanu
August 10, 2010The indicator of bad loans in Moldovan bank system constitutes 17.4%, while it equaled 16.3% at the beginning of the year. Citing National Bank of Moldova (NBM) President's interview to a local newspaper, last year, bad loans' indicator was only 10%...
Moldova's explains recess in banking system by global crisis
February 15, 2010In 2009 there was a recess in the Moldovan banking system, which is explained by the global financial crisis and the impossibility to predict the activities of economic entities for the medium-term period. The National Bank of Moldova (NBM, Central Bank...
Dorin Dragutanu: NBM targeting liquidity, but not its size
February 10, 2010The National Bank of Moldova (NBM) intends to target the cost of the banks' liquidity by raising the basic rate, but not the liquidity size, NBM President Dorin Dragutanu said at a news conference on Monday. He said that the NBM will not absorb the...
IMF to allocate $150 million to Moldova in 2010
February 04, 2010The International Monetary Fund (IMF) will allocate $150 million to Moldova in 2010 in the frame of the Memorandum, designed for 2010-2012. On Tuesday at a news conference IMF Mission Head for Moldova Nikolay Gheorghiev, who is currently paying a working...
Moldova’s Central Bank planning to keep inflation at 4-6% level
January 04, 2010On the New Year eve, the National Bank of Moldova has reaffirmed its main objective - to keep the annual level of inflation within 4-6% next 3 years. Such parameters have been fixed in the NBM Strategy of Monetary Policy for 2010-2012. The essential...
Euro exchange rate climbed to its highest level in Moldova
December 15, 2009During the weekend the euro exchange rate in exchange offices exceeded the historical maximum of the euro exchange rate and overstepped the new psychological barrier at 18 lei. According to the data by the National Bank of Moldova (NBM), earlier the...
Moldovan Ministry of Finance sells government securities
November 20, 2009The Moldovan Ministry of Finance has earned 127.3 million lei ($11.4 million) for the budget, as a result of the sale of government securities. According to the data by the National Bank of Moldova (NBM), the demand for government securities constituted...