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The banking sector of Moldova remains strong and stable, and the country's banks operate in a normal mode - NBM.

The banking sector of Moldova remains strong and stable, and the country's banks operate in a normal mode - NBM.

This was stated by the National Bank of Moldova, informing citizens about the current situation in the context of the events taking place in neighboring Ukraine. The NBM emphasized that there is enough liquidity in the banking sector of Moldova to ensure the continuity of its normal work. “The current level of reform and modernization of the banking sector allows its further development in terms of harmonization with the standards of financial services in the world. Also, our country has enough foreign currency reserves that can be used in possible crisis situations to ensure financial stability,” the National Bank said. It stressed that it is closely following the situation in an expanded perspective and is ready, in accordance with its authority, to take the necessary measures to reduce risks and uncertainties. // 24.02.2022 — InfoMarket.

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