NBM and EBRD management discussed capital market development, support for small and medium-sized enterprises in Moldova, and measures to strengthen economic sustainability and energy security
As noted in the press release of the National Bank of Moldova, in particular, the NBM delegation headed by President Anca Dragu held a number of bilateral meetings with official representatives of international financial institutions and private sector leaders on the sidelines of the Central and Eastern Europe Forum in Vienna. According to the NBM, the central event was the meeting with the delegation of the European Bank for Reconstruction and Development, headed by Director General for Financial Institutions Francis Malige. The topics discussed by Anca Dragu and Francis Malige included capital market development, support for small and medium-sized enterprises, harmonization of financial regulation, and measures to strengthen economic sustainability and energy security. During the discussions, the Governor of the NBM highlighted the role of revitalising the capital market in Moldova, noting that it plays a central role in stimulating sustainable economic growth and expanding access to finance, especially for local enterprises. Issues of facilitating lending conditions and encouraging innovative business initiatives were also discussed. In this context, the need to strengthen the strategic partnership with international institutions was reaffirmed in order to increase the sustainability of the financial sector of Moldova and bring it in line with European standards, which will ensure deeper economic integration and transparent governance. Another item on the agenda was the EBRD Country Strategy for Moldova for 2023-2028. It focuses on such priorities as developing a competitive private sector, promoting financial inclusion, improving corporate governance and the business environment, and enhancing the sustainability of the financial sector by implementing international standards of transparency and sustainability. In addition to meetings with the EBRD representatives, the NBM delegation held meetings with representatives of the external private sector. These dialogues were dedicated to increasing the competitiveness of Moldovan enterprises on foreign markets, identifying solutions to increase the resilience of the economy to global challenges and financial inclusion. "By participating in this forum, the National Bank of Moldova confirms its commitment to supporting the country's economic integration into European structures, strengthening international partnerships and promoting the reforms necessary to develop a modern, transparent and sustainable financial sector," said Anca Dragu. The Central and Eastern Europe Forum celebrated its 30th anniversary this year, confirming its role in defining the economic and financial directions of the region's development. During this time, the meeting has strengthened its position as a benchmark in defining regional economic and financial priorities, helping to shape the strategic agendas of emerging markets. The event, held on January 14-15, was attended by official delegations from Moldova, Romania, Ukraine, Bulgaria, Armenia, Croatia, Bosnia and Herzegovina, Poland, Albania, Lithuania, North Macedonia, Georgia, Slovenia, Montenegro, Serbia, Hungary, etc. They were joined by top officials from the IMF, the World Bank, etc., investors and experts, emphasizing a shared commitment to enhancing economic resilience and developing constructive dialogue in the context of global challenges.// 16.01.2025 — InfoMarket.
