The Executive Committee of the National Bank of Moldova decided to extend the mandates of the temporary administrators of the commercial bank “Moldindconbank” SA for a period of six months, starting with January 20, IPN reports.
According to the National Bank of Moldova, the temporary administrators exercise their mandate under the early intervention regime applied at BC “Moldindconbank” SA as from October 20 2016, as a result of the concerted activity of a group of persons holding a qualifying holding in the bank’s share capital in the amount of 63.89 percent, without the prior written permission of the National Bank.
BC “Moldindconbank” SA operates in normal regime and provides the full range of services, including those related to deposits, lending and settlement operations.
