The Banker, an English-language monthly international financial affairs publication, edited in London, declared that over the past two years, Republic of Moldova passed through a series of reforms meant increase investments and stabilize financial institutions.

British Journalists remarked that at the beginning of the year, one of Romania's top banks, Banca Transilvania, acquired part of the shares of Victoriabank, the third biggest bank from Republic of Moldova. The transaction being seen as signal that the situation is improving.

Moldova Agroindbank and Moldinconbank, the other two biggest banks from Moldova, can also take advantage of this. Another sign that the banking system is improving is that people begun to trust banks. Last year, a total sum of 60 billion lei were deposited, by 10 billion more than in 2015. According to The Banker it required a lot of effort to reach this stage.

At the beginning of 2016, Sergiu Cioclea, who was governor of the Central Bank, declared that the situation was critical at the time. He claimed that the rates of external loans were worrying, the problem having begun after the bank fraud scandal from 2014.

The crisis resulted in EU, World Bank and International Monetary Fund financial assistance being suspended. The situation was stabilized after a new loan agreement was signed with IMF in 2016. It set into motion a complex reform of the banking sector.

According to Dumitru Pintea, economist from Expert Grup, the promotion of Cioclea was an important step in cleaning the banking system. The three banks affected by the fraud were liquidated, while the investigation was unfolded with the support of US company Kroll.

Another step in the banking system was transparency of all transactions. Last year, the Parliament brought into force a law allowing the state nationalizing shares and selling them to strategic investors.

Starting January 1 2018, new laws were brought into force that will align in the next two years the regulations of Moldova's banking sector to those of EU.