The National Bank of Moldova has designated four Moldovan banks as other systemically important institutions (O-SIIs) and set institution-specific O-SII capital buffer rates. The O-SII banks are BC “MAIB” S.A., BC “Moldindconbank” S.A., OTP Bank S.A., and B.C. “Victoriabank” S.A. The corresponding O-SII buffer rates are 1.5% for BC “MAIB” S.A., 1.0% for BC “Moldindconbank” S.A., and 0.5% for both OTP Bank S.A. and B.C. “Victoriabank” S.A. The decision was taken under Moldova’s Law No. 202 of 06.10.2017 on banking activity and in line with the applicable methodology, based on analyses and studies aimed at identifying systemically important banks and limiting systemic impact; the buffer rates are to be reviewed at least annually. The executive committee decision enters into force on publication in the Official Gazette of the Republic of Moldova.
National Bank of Moldova 2025-05-26
National Bank of Moldova designates four banks as systemically important and sets O-SII buffer rates
The National Bank of Moldova has designated four banks as other systemically important institutions (O-SIIs) and set specific O-SII capital buffer rates: 1.5% for BC “MAIB” S.A., 1.0% for BC “Moldindconbank” S.A., and 0.5% for both OTP Bank S.A. and B.C. “Victoriabank” S.A. This decision, based on analyses to identify systemically important banks, will be reviewed annually and takes effect upon publication in the Official Gazette of Moldova.