Representative in the Republic of Moldova
In response to media queries regarding the situation
at Banca de Economii, we would like to re-iterate the views of the IMF
mission that visited Chisinau in November 2012. The mission called for
urgent actions to raise the bank’s profitability, sell foreclosed
collateral, collect overdue loans, as well as other necessary measures to
strengthen its capital position with the active involvement of the Financial
Stability Committee and other state institutions.
regard to recent references in some media outlets to a leaked IMF report in
connection with Banca de Economii, we would like to clarify that, in
accordance with standard practice, the IMF does not comment on unofficial
documents and has not commented on the report.