Infomarket

News

Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

Small and medium-sized enterprises will have access to financing from the Fund for Entrepreneurship and Economic Growth of Moldova (FACEM).

Small and medium-sized enterprises will have access to financing from the Fund for Entrepreneurship and Economic Growth of Moldova (FACEM).

The Cabinet of Ministers, at a meeting held on February 28, approved the Regulation of Activity of the Fund for Entrepreneurship and Economic Growth. The fund is meant to contribute to the development of enterprises from strategic and priority areas with growth potential, to create jobs, to increase the financial support for enterprises and access to financing in general and to increase competitiveness by providing access to funds. The Fund is created and will operate as part of the Organization for Entrepreneurship Development (ODA) with the status of an internal unit, without forming a legal entity. FACEM's resources will be generated from allocations from the state budget, funds allocated by development partners and/or donors (loans/borrowings, financial and technical assistance, grants), income obtained from loans and on-lending, usufruct obtained from investing free financial means and from other legal sources. Fund's means will be granted to beneficiaries through financial partners which can be banks and non-bank credit organizations (NBCOs). Partners can be banks or non-bank credit organization registered with the NBM/ CNPF, which are not under resolution or suspended / not in liquidation process and are not subject to supervisory measures prohibiting the granting of credits. Financial partners must have a proper organizational structure, with banks having an active SME loan portfolio and NBCOs having an SME loan portfolio of at least 20% of their active loan balance. The partners must not have debts to the national public budget, and the share of unfavorable loans with the financial partners must not exceed the allowed limits. The FACEM Fund is expected to provide entrepreneurs with access to low-cost financing. In 2022, 70 million lei were allocated to finance the Fund, some of which are also planned to be used this year. For 2023-2025, the size of the Fund will be about 2.8 billion lei. No more than 1% of the FACEM size will be used for administrative expenses. // 28.02.2023 - InfoMarket

News on the subject

In 2022, the Public Services Agency provided more than 5.7 million services, almost 36% of them free of charge or on preferential terms.
In 2022, the Public Services Agency provided more than 5.7 million services, almost 36% of them free of charge or on preferential terms.
The Eastern Partnership Parliamentary Assembly session in Moldova will discuss the common mechanism of gas procurement by the EU and the Eastern Partnership.
The Eastern Partnership Parliamentary Assembly session in Moldova will discuss the common mechanism of gas procurement by the EU and the Eastern Partnership.
Moldovan President Maia Sandu nominated Secretary of the Supreme Security Council Dorin Recean as a candidate for prime minister.
Moldovan President Maia Sandu nominated Secretary of the Supreme Security Council Dorin Recean as a candidate for prime minister.
Moldovan President Maia Sandu accepted the resignation of Prime Minister Natalia Gavrilita and will nominate a candidate to head the new government after consultations with parliamentary factions.
Moldovan President Maia Sandu accepted the resignation of Prime Minister Natalia Gavrilita and will nominate a candidate to head the new government after consultations with parliamentary factions.
Moldova and Romania signed an intergovernmental agreement on coordinated control at the Leuseni-Albita international automobile checkpoint.
Moldova and Romania signed an intergovernmental agreement on coordinated control at the Leuseni-Albita international automobile checkpoint.
The EU has mobilized more than 1.09 billion euros in loans and grants for Moldova as part of its comprehensive support package since October 2021.
The EU has mobilized more than 1.09 billion euros in loans and grants for Moldova as part of its comprehensive support package since October 2021.