NBM
Remittances last year totaled US$1.65bn
February 12, 2009The Moldovans working abroad in 2008 sent home about US$1.651 billion, an increase of 35.6% year on year, the National Bank of Moldova said. According to the quoted source, US$1.320 billion was sent through transfer systems, up 43.6% from 2007. The largest...
Central bank foreign currency reserves US$44.6m up
July 04, 2008The foreign currency reserves of the National Bank of Moldova on June 27 added up to US$1.518,59 billion. They have increased by US$44.6 million over a week. According to the central bank, about US$400.79 million of the foreign currency reserves was...
Growth of banking system reduced
June 27, 2008In January-May the assets of commercial banks constituted 35.42 billion (USD3.6 billion), they increased by 10.75% against 16.39% for the same period of 2007. Such are the data by the National Bank of Moldova (NBM) According to the NBM report, from...
Moldova's external debt increased by over 30% in 2007
April 01, 2008Moldova’s external debt increased by over 30% (776.51 mln USD) in 2007 and amounted to 3 bn 300.29 mln USD, show the preliminary data of the National Bank of Moldova (NBM). According to NBM, the public debt and state guaranteed increased from...
NBM approves new Victoriabank president
March 24, 2008The Administrative Board of the National Bank of Moldova (NBM) approved Natalia Politova-Cangas as the Chairperson of the Board of Directors of the Victoriabank joint-stock company. Until the present time Politova was the First Vice-Chairperson...
- February 01, 2008
The Administrative Board of the National Bank of Moldova (NBM) has decided to preserve the interest rates: 16% on main short-term transactions of the NBM monetary policy, 18% - on overnight credits, 2% on overnight deposits. According to the NBM press...
Structure of Moldova’s banking sector corresponds to Basel principles
January 30, 2008Moldova is efficiently introducing the principles of the Basel Banking Supervision Committee, Director of the Bank Regulation Department of the National Bank of Moldova (NBM) Radu Musteata said at a news conference on Tuesday. He remarked that Moldova...
