The Executive Board of the National Bank of Moldova (NBM) fined two direct holders of shares in “Banca de Finante si Comert” (Fincombank) for not providing complete information and the documents required by the Bank for supervising and assessing the quality of shareholders, IPN reports.
In a press release, the NBM says the fine represents 1% of the shareholdings of the two owners and this will be transferred to the state budget.
The Bank said Fincombank works as usual and provides all the services, including those related to lending, depositing and settlement.
