A major international creditor could soon enter the banking market in Moldova, against the backdrop of sector reforms and the consolidation of financial stability, says the governor of the National Bank of Moldova, Anca Dragu, reports IPN.
“I am convinced that we will see big international names in Moldova sooner or later,” Anca Dragu said in an interview for the publication Bloomberg, conducted on the sidelines of the Central and Eastern Europe Forum in Vienna.
The head of the national bank drew attention to recent developments that could support the expansion of Moldova’s banking sector and noted that there are currently ten “well-capitalized” banks operating in the country, with a high level of liquidity.
Last year, the Republic of Moldova joined the Single Euro Payments Area (SEPA), a unified system for transactions in the common currency of the European Union.