Moldova's National Commission for Financial Markets published capital markets and consumer protection decisions, including the registration of two bond issues totaling MDL 208 million and an order requiring nonbank lender Easy Credit to recalculate interest on a consumer loan and refund the amount collected without justification. The regulator found that Easy Credit had improperly calculated interest on the loan’s total value throughout the contract, contrary to consumer credit law, and gave the lender 30 days to complete the corrective action. The registered bond issues comprise MDL 8 million from the Ceadîr-Lunga municipality and MDL 200 million from Moldova-Agroindbank. The municipal bonds have two- and three-year maturities, pay interest semiannually and carry floating rates based on a bank deposit reference rate plus margins of 3.25% and 3.50%, respectively. Moldova-Agroindbank’s three-year bonds carry a floating rate linked to the weighted average rate on new six- to 12-month bank deposits in MDL, plus 1.50%, with monthly payments and annual rate adjustments. The commission also registered Agrosеrv-MDW’s MDL 580,000 capital increase and removed securities from the issuer register following a liquidation and a bond maturity.
2026-08-28National Commission for Financial Markets
Moldova's National Commission for Financial Markets registers MDL 208 million in bond issues, orders Easy Credit to refund overcharged interest
Moldova's National Commission for Financial Markets registered MDL 208 million in municipal and bank bond issues. It also ordered Easy Credit to recalculate interest on a consumer loan within 30 days and refund the amount collected without justification.