The NBM will continue to support the modernization of Moldova’s financial sector and implement global best practices to modernize the national payment infrastructure and ensure sustainable macroeconomic stability
Anca Dragu, Governor of the National Bank of Moldova (NBM) announced this while speaking at the 96th Annual General Meeting of the Bank for International Settlements (BIS), held in Basel on June 28. This year’s agenda focused on addressing challenges related to the implementation of monetary policy and ensuring macrofinancial stability in an international economic context characterized by geopolitical uncertainty, as well as on the potential to accelerate financial innovation and effectively manage systemic risks associated with artificial intelligence. During the event, the head of the NBM emphasized the importance of technological alignment with current trends in the development of the financial system. She noted that, for the National Bank of Moldova, European integration represents a concrete process of institutional modernization based on strengthening the regulatory framework, developing a modern financial infrastructure, and creating a sustainable financial sector capable of ensuring stability, confidence, and economic development. Dialogue with the central banks of the European Union and participation in major international forums of this caliber facilitate the exchange of experience and best practices, support the strengthening of institutional capacity, and ensure compliance with European and international standards. “Within the framework of its mandate, the NBM will continue to promote the modernization of the financial sector for the benefit of Moldova’s citizens and economy,” stated Anca Dragu. The first thematic session on the meeting’s agenda, organized by the Financial Stability Institute, focused on analyzing the impact of stable digital currencies (stablecoins) on the monetary system. Discussions focused on the risks associated with digital monetization in emerging economies, where exchange rate volatility drives the adoption of private payment instruments, thereby affecting the autonomy of national monetary policy and the effectiveness of the regulatory framework. The event’s agenda also included a session on strengthening cybersecurity, at which the results of the Project Leap—implemented by the BIS Innovation Hub in collaboration with the central banks of Italy, France, and Germany—were presented. The Project demonstrated the technical feasibility of transitioning payment systems to cryptographic mechanisms resistant to quantum attacks, ahead of European initiatives that call for the start of this security transition as early as this year. At the same time, the officials in attendance reviewed the results of the Agorá project, an initiative bringing together seven central banks and more than 40 regulated private financial institutions to test a shared digital platform designed to accelerate, enhance the security of, and increase the transparency of large-value cross-border payments without replacing the existing correspondent banking system. // 29.06.2026 — InfoMarket
