The Executive Committee of the National Bank of Moldova approved at the meeting on April 5, 2019 a new regulation on large exposures as well as amendments to the Regulation on Bank Transactions with Affiliates.

The decisions were taken to facilitate the access of the real sector to financing by licensed banks.

Thus, the Large Exposure Regulation provides a new way of calculating the value of large exposures. This means that banks will be able to allocate more funds to finance projects to economic agents through bank loans, while at the same time meeting the regulated limits. At the same time, the new regulation will stimulate banks to create new and attractive banking products for the real economy.

At the same time, the characteristics of identification of the persons affiliated by the National Bank in the supervision activity were improved, in order to avoid the unfair qualification of the affiliates.

The amendments were made  possible by the fact that the banking sector has become a stable and resilient one. In the approval process, both regulations were consulted with the banking sector and development partners.