The National Bank of Moldova has launched a Financial Sector Assessment Program (FSAP) with the International Monetary Fund and the World Bank, completing the first phase of the mission, to conduct a comprehensive evaluation of Moldova’s financial system. The FSAP will review the quality of banking regulation and supervision, run stress tests on Moldovan banks, assess crisis management capacity, and examine how the financial system supports access to finance for small and medium-sized enterprises and other essential sectors. The evaluation is structured in stages, starting with defining the scope of work, and is intended to inform potential sector reforms and alignment with international standards, including Basel III principles. Further missions will carry out the detailed assessment, followed by a final report to be prepared for approval by the boards of the IMF and the World Bank.
National Bank of Moldova 2025-02-10
National Bank of Moldova initiates IMF and World Bank FSAP assessment of the financial sector
The National Bank of Moldova, in collaboration with the International Monetary Fund and the World Bank, has initiated a Financial Sector Assessment Program to evaluate Moldova’s financial system. The program will assess banking regulation, conduct stress tests, and examine crisis management and financial access for key sectors. The evaluation aims to inform potential reforms and align with international standards, including Basel III.