Banks

Banks experiencing temporary liquidity problems will be able to contact the National Bank for liquidity assistance

Banks experiencing temporary liquidity problems will be able to contact the National Bank for liquidity assistance

17.01.2020

This is provided for by the National Bank's Regulation on Emergency Liquidity Assistance, published on January 17 in Monitorul Oficial. The document establishes the principles, conditions and procedure for the provision of emergency liquidity assistance by the National Bank to legal entities of Moldova, the categories of eligible assets, the procedure for establishing and executing collateral, as well as the measures taken by the NBM in case the bank fails to return liquidity assistance in emergency situations and payment of interest due. According to the document, in order to maintain the ...
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