6.03.2014

World Bank and IMF have finalized the Financial Sector Assessment Program for Moldova

On March 5, 2014, National Bank of Moldova hosted the closing session of the Financial Sector Assessment Program of the World Bank and IMF. It has started on February 17, 2014.

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Also, experts pointed out the need to continue the efforts towards decreasing the main risks and vulnerabilities of country's financial sector, through increasing the quality of financial sector's supervision, including from the point of view of shareholders' transparency and consolidation of competencies of the supervising authorities in adequate application of the relevant legislation, as well as through strengthening of the system of protection of depositors. Also, it was mentioned the need to improve the current framework of management of financial crises.
 

[sorry, the English translation of the whole press release is not available]

Press service
of the National Bank of Moldova