The Association of Romanian Investors in the Republic of Moldova, the European Business Association Moldova and the American Chamber of Commerce in Moldova (AmCham) have issued a joint statement disapproving of the recent actions taken by the Moldovan authorities against Victoriabank SA.

We remind you that the court authorized the seizure of Victoriabank's assets. The seizure was allegedly applied to cars, real estate, state securities and their nominal values in the total amount of about 2.3 billion lei.

Recently, the European Bank for Reconstruction and Development, Victoriabank's main shareholder, also expressed concern about the Anti-Corruption Prosecutor's Office's accusations against Victoriabank and the decision to seize the bank's assets, regarding the investigation of fraudulent activities in the Moldovan banking sector since 2014.

The European Bank for Reconstruction and Development has been a shareholder in Victoriabank for 20 years. Currently, the EBRD and Banca Transilvania, through VB Investment Holding in the Netherlands, hold 72.19% of the bank's shares.