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Finances

BANK ACTIVITY RESULTS PROVE STABILITY IN THE SECTOR – EXPERT-GRUP

BANK ACTIVITY RESULTS PROVE STABILITY IN THE SECTOR – EXPERT-GRUP
24 may, 2019

The rates of the banking activity in Moldova demonstrate stability in this sector, says the analysis of relevant data as of late April, published by the independent analytical center Expert-Grup on Thursday.

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MOLDOVAN LEU EXCHANGE RATE WILL STAND STILL – CURRENCY DEALERS

MOLDOVAN LEU EXCHANGE RATE WILL STAND STILL – CURRENCY DEALERS
23 may, 2019

The Moldovan leu exchange rate will stand still with a possible slow and almost insignificant weakening against the Euro and the US dollar, said currency dealers to Infotag on Thursday.

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SINGLE CENTRAL DEPOSITORY OFFICIALLY STARTS WORKING

SINGLE CENTRAL DEPOSITORY OFFICIALLY STARTS WORKING
22 may, 2019

The official launching of the Single Central Securities Depository, work on which was conducted for the last two years, was launched in Moldova on Tuesday.

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DEUTCHE WELLE ANALYZES WHY MOLDOVAN PRICES ON AGRICULTURAL GOODS ARE HIGHER THAN IN GERMANY

DEUTCHE WELLE ANALYZES WHY MOLDOVAN PRICES ON AGRICULTURAL GOODS ARE HIGHER THAN IN GERMANY
21 may, 2019

German radio station Deutche Welle made an attempt to understand why many agricultural products in Moldova are more expensive than in Germany. The article, published on the radio station’s portal, says that in recent weeks the prices on basic agricultural commodities sharply grew, while the country, known for its fertile soils, is now importing around 80% of green dill and parsley from Turkey, Georgia and Ukraine.

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​BANK CARD USING GROWS IN MOLDOVA - NBM

​BANK CARD USING GROWS IN MOLDOVA - NBM
21 may, 2019

Citizens of Moldova are more frequently using bank cards for buying and paying for goods and services, said Director of the National Bank of Moldova Department for Payment Systems Victor Susu.

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​MOLDOVA IT PARK RESIDENTS PAID 133 MILLION LEI AS SINGLE TAX IN 2018

​MOLDOVA IT PARK RESIDENTS PAID 133 MILLION LEI AS SINGLE TAX IN 2018
20 may, 2019

Residents of the country’s first park of informational technologies Moldova IT Park paid to the state budget 133 million lei in the form of single sales tax (7%), while other fees accounted for 165 million lei.

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BUDGET TRANSFERS TO CNAS GREW

BUDGET TRANSFERS TO CNAS GREW
20 may, 2019

Revenues of the National Social Insurance Fund (CNAS) accounted for 7,840 million lei (US$440.4 million) as of the beginning of May, which is 36.1% of the total sum, planned for 2019. In comparison to the January-April 2018, the receipts grew 1,241 million lei.

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SINGLE CENTRAL DEPOSITORY CONDUCTED FIRST TRANSACTIONS WITH SECURITIES ON MSE

SINGLE CENTRAL DEPOSITORY CONDUCTED FIRST TRANSACTIONS WITH SECURITIES ON MSE
15 may, 2019

The Single Central Depository of securities conducted the first settlements on deals with government securities, concluded on the Moldova Stock Exchange.

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UNIDO TO PROVIDE TO MOLDOVA FINANCING FOR INCLUSIVE INDUSTRY DEVELOPMENT

UNIDO TO PROVIDE TO MOLDOVA FINANCING FOR INCLUSIVE INDUSTRY DEVELOPMENT
15 may, 2019

The United Nations Industrial Development Organization will provide 29 million euros to Moldova within the framework of the Program for Inclusive and Sustainable Development of the Republic of Moldova for 2019-2023.

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​MICB DECLARED AS MOLDOVA’S MOST INNOVATIVE BANK

​MICB DECLARED AS MOLDOVA’S MOST INNOVATIVE BANK
15 may, 2019

The commercial industrial-construction bank Moldindconbank has for the second time declared Most Innovative Bank 2019 in Moldova in the annual rating “The Innovators 2019”, compiled by international financial publication Global Finance.

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PPA HEAD PROMISES TO STIMULATE DEVELOPMENT OF MOLDOVA-HUNGARY JOINT PROJECTS

PPA HEAD PROMISES TO STIMULATE DEVELOPMENT OF MOLDOVA-HUNGARY JOINT PROJECTS
13 may, 2019

Director of the Public Property Agency (PPA) Vladimir Baldovici expressed joy about the Hungary's interest in developing business in Moldova and promised to do everything possible to stimulate joint projects.

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​NBM KEEPS MONETARY POLICY INSTRUMENT RATES UNCHANGED

​NBM KEEPS MONETARY POLICY INSTRUMENT RATES UNCHANGED
08 may, 2019

The main monetary policy instrument rates in Moldova will remain at the current level at least until June 19. A corresponding decision was adopted by the National Bank of Moldova Executive Committee on Tuesday.

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​REVENUES TO BUDGET FROM CUSTOMS SERVICE GREW 9%

​REVENUES TO BUDGET FROM CUSTOMS SERVICE GREW 9%
03 may, 2019

The Moldovan Customs Service ensured revenues to the state budget worth 6,577 million lei (US$369.5 million) as of early May, which is 549.6 million (9.1%) more than over the equivalent period of 2018.

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SITUATION ON NONBANK CREDITING MARKET IMPROVES – NCFM CHAIRMAN

SITUATION ON NONBANK CREDITING MARKET IMPROVES – NCFM CHAIRMAN
03 may, 2019

In qualitative terms, the situation on the market of nonbank crediting improves, maintains Chairman of the National Commission for Financial Market (NCFM) Valeriu Chitan.

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PMR DEBT TO GAZPROM EXCEEDS US$6 BILLION

PMR DEBT TO GAZPROM EXCEEDS US$6 BILLION
02 may, 2019

The Gazprom published the annual financial report, which says that the Transnistrian region of Moldova accumulated a debt of around US$6 billion for the consumed blue fuel.

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​GOVERNMENT RAISES AGRICULTURAL SUBSIDIES

​GOVERNMENT RAISES AGRICULTURAL SUBSIDIES
25 april, 2019

The Government raised the maximum size of annual subsidy per 1 farmer to 5 million lei from 3 million, as well as per a group of agricultural producers - to 7.5 million lei (US$419.6 million) from 4.5 million.

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VICTORIABANK ANNUAL SHAREHOLDERS SITTING TO DIRECT 2018 BANK PROFIT TO DEVELOPMENT

VICTORIABANK ANNUAL SHAREHOLDERS SITTING TO DIRECT 2018 BANK PROFIT TO DEVELOPMENT
25 april, 2019

The profit earned by the Moldova's first private bank Victoriabank in 2018 - 167 million lei - will be most likely directed to development.

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GOVERNMENT LOWERS BANK MARGIN FOR MORTGAGE CREDITS WITHIN “FIRST HOME” PROGRAM

GOVERNMENT LOWERS BANK MARGIN FOR MORTGAGE CREDITS WITHIN “FIRST HOME” PROGRAM
25 april, 2019

The bank margin creditors may apply during 2019 to credits, guaranteed by the state within the program “First House”, was lowered to 2% from 3% as per the Government’s decision, taken on Wednesday.

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PENSION SIZE GOES UP IN MOLDOVA, THOUGH NUMBER OF PENSIONERS GOES DOWN

PENSION SIZE GOES UP IN MOLDOVA, THOUGH NUMBER OF PENSIONERS GOES DOWN
24 april, 2019

The average size of pensions in Moldova accounted for almost 1794 lei (over US$100) as of April 1, growing 85 lei year to date. Meanwhile, the number of beneficiaries, who are receiving this type of social allowance, fell to 699.6 thousand from 703.9 thousand in 1Q2019.

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STATE BUDGET DEFICIT REACHED 517.8 MILLION LEI IN 1Q2019

STATE BUDGET DEFICIT REACHED 517.8 MILLION LEI IN 1Q2019
24 april, 2019

The revenues to the state budget in 1Q2019 grew 480.5 million lei (5.7%) against the equivalent period of 2018 and exceeded 8,906 million (US$514.8 million) as of the end of March.

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