Pavel Filip held meeting with EBRD and Banca Transilvania representatives
Pavel Filip, the prime minister of Moldova held a meeting Nick Tesseyman, the deputy director of the EBRD funding department to Moldova, Horia Ciorcila, Banca Transilvania and Bogdan Plesuvescu, the Viktoriabank president.
The prime minister appreciated the visit of the officials in Moldova.
"The cooperation between Moldova and Banca Transilviania, due to the purchase of the Victoriabank's stakes is a sign for other potential investors to fund Moldova", said Pavel Filip.
Referring to the progress bank sector, the prime minister said that between 2016 and 2017, they have changed the system and strengthen the National Bank's duties in the process of surveillance and evaluation of the banks and provided the quality of the shareholders and transparency.
The prime minister mentioned that he wants a direct dialogue with the investors. At the same time, Pavel Filip showed his thanksgiving for the EU support to Moldova and said the Ministry of Finances will be more careful with the foreign money.
The prime minister talked about the Government's actions implemented in the last period to develop the affairs sphere. Thus, there was reduced the number of the control institutions and the documents required to open a business.
The representatives of EBRD and Banca Trasnsilvania thanked the Government for the cooperation between the Finances Ministry and the National Bank of Moldova. A prof in this sense is the First Home project.
Pavel Filip stressed that the start of national projects such as "First Home" and "Good Roads for Moldova" became possible due to the actions taken by the Government, which allowed the increase of the revenues to the budget. Last year they increased by 18% compared to 2016, and in the first quarter of this year the revenues increased by 20% compared to 2017. The prime minister encouraged the EBRD and Banca Transilvania representatives to continue to invest in the national economy .
On November 15, 2017, Banca Transilvania received the permission of National Bank to acquire direct / indirect significant interest in the amount exceeding 50% of the share capital of Victoriabank. The transaction to acquire controlling interest in Victoriabank's capital was realized on January 16 and 19, 2018 in 2 stages, by acquiring the 39.2% stake from the former shareholder of the bank and by taking control, together with the European Bank for Reconstruction and Development, the current shareholder of VB Investment Holding BV (UK). Now, Banca Transilvania holds 66.77% of the share capital of Victoriabank together with EBRD.