The Public Property Agency, in the name of the Government of the Republic of Moldova, and the company “Doverie–Invest” SA of Bulgaria, signed a pre-contract for the purchase of the newly issued shares of the bank of systemic importance “Moldindconbank” SA. The pre-contract states the Government’s readiness to support the ensuring of transparency on the banking sector of Moldova and strengthening of this sector, IPN reports.

The Public Property Agency said the shareholding of 3 173 751 units in “Moldindconbank” will be bought by the Agency and will be then exhibited for sale at an outcry action on the regulated market in conditions of transparency, in accordance with Article 541 of the law on the administration and de-nationalization of public propriety, the Government Decisions, the rules of the Stock Exchange and other regulatory documents.

The outcry auction is open to the potential buyer that signed the pre-contract, “Doverie –Invest”, and to other potential buyers that obtained the permission of the National Bank of Moldova beforehand. The winner of the auction will be determined based on the price offered for the shares.

At the end of January, the Government approved the signing of a pre-contract for the purchase and de-nationalization of the newly issued shares of “Moldindconbank”. The 63.89% holding was to be bought by the Public Property Agency for over 760 million lei.