Farmers are pushing for the introduction of a mechanism to restructure bank debt for viable farms, citing growing financial difficulties in the agricultural sector and the risk of further bankruptcies. Authorities, banks, and industry representatives are already discussing possible changes to collection rules and guarantees, and agreed-upon proposals are expected to be presented shortly.
Three Moldovan banks have continued repaying emergency loans to the National Bank, while also recovering additional funds through debt collection, asset sales and other proceedings. The latest data show that the overall repayment and recovery process remains active, with the breakdown by bank and funding source revealing important shifts in the pace of asset recovery.
Moldova is preparing changes to insurance market regulations that will tighten the rules for companies that have voluntarily surrendered their licenses. The new rules are intended to close long-standing gaps in customer protection and provide the regulator with stronger tools to monitor the fulfillment of obligations and the transfer of portfolios.
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