The National Bank of Moldova (NBM) published an update on Governor Anca Dragu’s participation in the annual meeting of the International Monetary Fund (IMF) and World Bank Group constituency in Luxembourg, where she held bilateral discussions on Moldova’s economic reform agenda, financial stability and European integration and signed a new cooperation agreement with the International Finance Corporation (IFC) on sustainable finance. Engagements with IMF European Department Deputy Director Mark Horton covered the NBM’s institutional independence and governance, implementation of the IMF-supported programme, progress on connecting Moldova’s banking sector to the Single Euro Payments Area (SEPA), and the Financial Sector Assessment Program (FSAP) requested by the NBM and carried out by the IMF and World Bank. Discussions with European Commission Director-General for Enlargement and Eastern Neighbourhood Gert Jan Koopman focused on the assessment of equivalence of Moldova’s prudential banking regulatory framework under the European Banking Authority (EBA) methodology and the NBM’s role as lead institution for three relevant chapters of the European Union acquis. Meetings with IFC regional leadership addressed Moldova’s macroeconomic outlook, medium-term growth strategy, financial inclusion and potential technical support for financial-sector modernisation. The NBM–IFC cooperation agreement signed on 3 July 2025 provides for IFC technical assistance to support implementation of the NBM’s Sustainable Development Roadmap 2024–2028. Separate meetings with the central banks of the Netherlands and Luxembourg addressed expanding bilateral cooperation, technical-assistance priorities for the year and alignment of Moldovan banking regulations with International Financial Reporting Standard 9 (IFRS 9).
National Bank of Moldova 2025-07-04
National Bank of Moldova signs IFC sustainable finance cooperation agreement during IMF–World Bank constituency meeting in Luxembourg
The National Bank of Moldova (NBM) announced Governor Anca Dragu's participation in the IMF and World Bank Group meeting in Luxembourg, where she discussed economic reforms and signed a cooperation agreement with the International Finance Corporation (IFC) on sustainable finance. Key discussions included Moldova's banking sector integration with SEPA, the Financial Sector Assessment Program, and the assessment of Moldova’s prudential banking framework under the European Banking Authority methodology. The NBM–IFC agreement will provide technical assistance for the NBM’s Sustainable Development Roadmap 2024–2028.