The National Bank of Moldova (NBM) urges citizens to inform themselves from official and credible sources so as to avoid taking immediate decisions, which can be rash due to emotions. Accurate information about the banking sector can be found on the NBM’s website and also in the websites of the 11 licensed banks of the Republic of Moldova, which also provide details concerning up-to-date foreign exchange operations, IPN reports.

NBM confirmed that the banking sector of the Republic of Moldova remains strong and has large currency reserves, including in EUR and USD. Also, the country has foreign exchange reserves to ensure financial stability in the event of a crisis.

“There is no reason for concern and commercial banks assured that depositors’ money is kept safe and they offer the full range of financial services and products to all their customers,” the central bank noted in a press release.

At the same time, the National Bank reiterated that is attentively monitors all the developments in the country and outside it and, if necessary, is ready to intervene with measures in favor of the population and the country.