logo

Central bank extends mandates of temporary administrators of Moldindconbank


https://www.ipn.md/en/central-bank-extends-mandates-of-temporary-administrators-of-moldindconbank-7966_1032306.html

The National Bank of Moldova prolonged for three months the mandates of the temporary administrators of BC Moldindconbank, except for the mandate of Nicolae Dorin, president of the Banks Association of Moldova, because the period given to him by this organization for simultaneously holding the post of temporary administrator and that of member of the bank’s Board expired and cannot be extended. A new person will be named instead of this in the near future, IPN reports, quoting the central bank.

The temporary administrators were appointed within the early intervention regime applied at Moldindconbank after the National Bank, on October 20 last year, established that a group of persons who owned a substantial part of the bank’s share capital, in the amount of 63.89%, acted concertedly without the central bank’s permission.

Currently, Moldindcondbank works in a normal regime and provides all the services, including those related to deposit making, lending and withdrawal.