67% of the frauds in the banking system occur because of the fault of bank employees. The data were presented by Doru Bebe Bulata, chairman of the Confirmation Commission of the Romanian Banking Association, in an international conference themed “Fraud does not have borders. Antifraud programs, methods and technologies”. It was staged by the National Bank of Moldova (BNM) and the Banks Association of Moldova in Chisinau within the Antifraud Week, IPN reports.

Doru Bebe Bulata considers that the most efficient methods of combating bank frauds can be obtained by improving the corporate governance of banks, by planning and coordinating activities and increasing the efficiency of internal control in banks.

BNM vice governor Ema Tabarata said the bank devotes increased attention to this problem and works out different fraud combating instruments. “We cannot say how many bank frauds were identified. We include in the Register only the frauds committed by bank cards. But there are also such frauds as the theft of assets, incorrect presentation of information by companies about their financial state with the aim of obtaining loans, falsification of documents. They all lead to an increase in the number of delinquent loans. We should probably extend the Register or design other registers. Any fraud not only causes material damage, but also affects the image and we should be very attentive here,” she stated.

President of the Banks Association of Moldova, ex-governor of the BNM Leonid Talmaci said the internal control in banks plays a major role in the prevention of cases of fraud. He underlined the necessity of permanently updating the instruments for preventing and combating frauds, approving of the launch in the conference of new software and of a manual that can be used to combat frauds in Moldova’s banking system.