Meeting between FIA members and National Bank of Moldova management

Tuesday 20 March, 2018
Start: Friday 06 April, 2018 - 9:00

On April 6, Foreign Investors Association (FIA) members had an informal meeting with the National Bank of Moldova (NBM) representatives: Sergiu Cioclea, Governor, Vladimir Munteanu, First Deputy Governor and Cristina Harea, Deputy Governor.

A number of issues were addressed during the discussions, and in particular: the inflation rate forecasts, the exchange rate development, legislation on the repatriation of money, goods and services from foreign economic transactions, etc. Also, FIA representatives have shown interest in the draft legislation on payment systems and electronic money, conditions of opening currency accounts abroad, and others. The NBM representatives communicated about the actions carried out during the last two years, in order to stabilize the country’s financial and banking situation and to modernize the banking system, but also about the next steps of the reforms.

FIA President, Dr. Alexander Koss, thanked the NBM representatives for the open dialogue, expressing his hope that the initiated reforms will be successfully implemented. For his part, the NBM Governor, Sergiu Cioclea, confirmed the institution’s openness for comments and suggestions from foreign investors’ community regarding the optimization of the financial and banking practices, which will be considered when drafting or amending the National Bank regulatory base.

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Our Members

Foreign Investors Association (FIA) is a non-profit and apolitical association from the Republic of Moldova, founded in September 2003 by the largest companies with foreign capital in the country, covering the whole range of industries — agriculture, automotive and petroleum industry, telecommunications and IT, healthcare and pharmaceuticals, winemaking, distribution, insurance, banking, consultancy and audit.