maib_esspreso

Finances

MOLDOVA HAS PREREQUISITES FOR ATTRACTING INVESTMENTS - JAPANESE AMBASSADOR

MOLDOVA HAS PREREQUISITES FOR ATTRACTING INVESTMENTS - JAPANESE AMBASSADOR
15 november, 2019

There are all the necessary prerequisites for fruitful cooperation between foreign investors and various branches of Moldovan industry to stimulate the growth of investments, said Ambassador Extraordinary and Plenipotentiary of Japan to Moldova Masanobu Yoshii within the Moldova Business Week 2019 on Thursday.

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​THERE ARE NO REAL PREREQUISITES FOR MOLDOVAN LEU DEPRECIATION IN NOVEMBER – CURRENCY DEALERS

​THERE ARE NO REAL PREREQUISITES FOR MOLDOVAN LEU DEPRECIATION IN NOVEMBER – CURRENCY DEALERS
14 november, 2019

November is not the month when the national currency exchange rate may considerably weaken the Moldovan leu, say currency dealer.

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MOLDOVA WILL NOT GET CREDIT FROM ROMANIA IN CASE OF GOVERNMENT DISMISSAL – MAIA SANDU

MOLDOVA WILL NOT GET CREDIT FROM ROMANIA IN CASE OF GOVERNMENT DISMISSAL – MAIA SANDU
12 november, 2019

The credit worth 100 million euros for 2020 and 2021 from the Government of Romania will not be allocated to Moldova if the Moldovan Government is dismissed, stated Prime Minister Maia Sandu from the Parliament rostrum on Tuesday.

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BANKRUPT BANKS RETURNED ONLY 2,377 MILLION LEI OF 14,122 MILLION, RECEIVED FROM NBM AS CREDITS

BANKRUPT BANKS RETURNED ONLY 2,377 MILLION LEI OF 14,122 MILLION, RECEIVED FROM NBM AS CREDITS
08 november, 2019

Since the recalling of licenses (16.10.2015) till the beginning of November, Banca de Economii, Banca Sociala and Unibank managed to return slightly more than 2,377 million lei from the 14,122 million lei provided to them by the National Bank of Moldova within the period of November 2014 through October 2015 under governmental guarantees.

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​MOBIASBANCA PRESIDENT ELECTED AS HEAD OF EBA MOLDOVA

​MOBIASBANCA PRESIDENT ELECTED AS HEAD OF EBA MOLDOVA
06 november, 2019

President of the Mobiasbanca - OTP Group Administrative Board Laszlo Diosi was elected as Chairman of the European Business Association (EBA) in Moldova.

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NBM PRESERVES ZERO RATE OF COUNTER-CYCLICAL BUFFER

NBM PRESERVES ZERO RATE OF COUNTER-CYCLICAL BUFFER
05 november, 2019

Executive Committee of the National Bank of Moldova (NBM) preserved the rate of the counter-cyclical buffer for relevant credit exposure in Moldova at the level of 0% given the indicative system for buffer as of the end of the 2Q2019.

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​NBM HARD-CURRENCY RESERVE REACHED US$3 BILLION FOR THE FIRST TIME SINCE NOVEMBER 2018

​NBM HARD-CURRENCY RESERVE REACHED US$3 BILLION FOR THE FIRST TIME SINCE NOVEMBER 2018
01 november, 2019

The official reserve of the National Bank of Moldova exceeded US$3,011 million as of October 25, exceeding the three-billion threshold for the first time this year.

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MOBIASBANCA SMALL STOCKHOLDERS SOLD THEIR 1.57% SHARES

MOBIASBANCA SMALL STOCKHOLDERS SOLD THEIR 1.57% SHARES
31 octomber, 2019

The transaction on selling 156,630 shares (1.57% of the issue) of Mobiasbanca – OTP Group took place in the Moldova Stock Exchange on Thursday.

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​INFLATION PRESSURE TO PRESERVE IN MOLDOVA UNTIL END OF YEAR - NBM

​INFLATION PRESSURE TO PRESERVE IN MOLDOVA UNTIL END OF YEAR - NBM
31 octomber, 2019

The National Bank of Moldova Executive Committee left unchanged its previous inflation forecast, maintaining that the inflation pressure will preserve in Moldova at least until the end of the year.

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MOLDOVAN BUDGED DEFICIT EXCEEDED US$123.3 BILLION

MOLDOVAN BUDGED DEFICIT EXCEEDED US$123.3 BILLION
29 octomber, 2019

Revenues to the state budget grew 1,719 million lei (6.4%) as of the beginning of October against the equivalent period of 2018 and exceeded 28,462 million lei (US$1,626 million).

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TRANS OIL GROUP TO BUILD VEGETABLE-OIL PRESSING FACTORY IN GIURGIULESTI PORT

TRANS OIL GROUP TO BUILD VEGETABLE-OIL PRESSING FACTORY IN GIURGIULESTI PORT
24 octomber, 2019

The Trans Oil Group is intending to realize a US$22-million project in the Moldovan International Free Port of Giurgiulesti [on the Lower Danube River] – to build a vegetable-oil pressing factory, Company Director Vaja Jhashi announced during his meeting with Moldova’s Minister of Economy and Infrastructure Vadim Brinzan and the United States Ambassador Extraordinary and Plenipotentiary to the Republic of Moldova, Dereck Hogan, in the Port on Wednesday.

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GALAS GIVES UP LICENSE FOR OPERATING IN INSURANCE

GALAS GIVES UP LICENSE FOR OPERATING IN INSURANCE
24 octomber, 2019

The insurance company Galas has announced the voluntary surrender of the license for activities in insurance.

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NBM DEPUTY PRESIDENT SAYS HIS EVIDENCES WERE NOT INCLUDED IN INVESTIGATIVE COMMISSION REPORT

NBM DEPUTY PRESIDENT SAYS HIS EVIDENCES WERE NOT INCLUDED IN INVESTIGATIVE COMMISSION REPORT
18 octomber, 2019

Deputy President of the National Bank of Moldova Ion Sturzu commented on the report, presented on Thursday by the parliamentary commission on investigating the one-billion-dollar bank fraud.

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​PLAHOTNIUC IS MAIN POLITICAL BENEFICIARY OF BANK FRAUD – SOCIALIST MP

​PLAHOTNIUC IS MAIN POLITICAL BENEFICIARY OF BANK FRAUD – SOCIALIST MP
17 octomber, 2019

The Deputy Chairman of the parliamentary ad hoc commission for bank fraud investigation, Socialist MP Vladimir Golovatiuc, is convinced that Vlad Filat and Ilan Shor are the main financial beneficiaries of the bank fraud, whereas Vlad Plahotniuc – the main political beneficiary.

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GOVERNMENT IS DEVELOPING SOCIALLY-ORIENTED 2020 BUDGET – PREMIER

GOVERNMENT IS DEVELOPING SOCIALLY-ORIENTED 2020 BUDGET – PREMIER
17 octomber, 2019

The Government is developing a socially-oriented draft law on the 2020 budget, said Prime Minister Maia Sandu, speaking on television on Wednesday. She called this document a “budget of solidarity”.

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FOUR MOLDOVAN BANKS INCLUDED IN SEENEWS TOP 100 SEE BANKS

FOUR MOLDOVAN BANKS INCLUDED IN SEENEWS TOP 100 SEE BANKS
15 octomber, 2019

Four Moldovan banks at once – the Moldova Agroindbank (MAIB), the Moldindconbank, the Victoriabank and the Mobiasbanca – were included in the rating of Southeast Europe’s largest banks – the SeeNews Top 100 See Banks.

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EUROPEAN COMMISSION APPROVES ALLOCATION OF FIRST TRANCHE OF MACRO-FINANCIAL ASSISTANCE TO MOLDOVA

EUROPEAN COMMISSION APPROVES ALLOCATION OF FIRST TRANCHE OF MACRO-FINANCIAL ASSISTANCE TO MOLDOVA
11 octomber, 2019

The European Commission, on behalf of the EU, has today approved the disbursement of 30 million euros in Macro-Financial Assistance to the Republic of Moldova.

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MARKET PRICE OF MAIB SHARES REACHES A RECORD HEIGHT IN BANK HISTORY – 2808 LEI

MARKET PRICE OF MAIB SHARES REACHES A RECORD HEIGHT IN BANK HISTORY – 2808 LEI
11 octomber, 2019

The market price of the country’s largest financial institution – Moldova-Agroindbank (MAIB) rose by 178 lei and reached its record high in the bank’s history – 2 808 lei.

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PRICES IN MOLDOVA GREW 0.8% IN SEPTEMBER

PRICES IN MOLDOVA GREW 0.8% IN SEPTEMBER
10 octomber, 2019

After three months of deflation, in September prices in Moldova grew 0.8% on average. The cumulative inflation year to date accounted for 4.9%, while the annual inflation - since September 2018 - 6.3%, which meets the National Bank of Moldova (NBM) target corridor - 5% В± 1.5%.

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​POLISH GOVERNMENT TO ALLOCATE FINANCING FOR TRAINING MOLDOVAN RESCUERS

​POLISH GOVERNMENT TO ALLOCATE FINANCING FOR TRAINING MOLDOVAN RESCUERS
10 octomber, 2019

The Government of Poland will allocate 247 thousand euros for training rescuers and firefighters of Moldova to provide quality first aid to the injured. A corresponding project was launched on Wednesday.

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