The National Bank of Moldova reported that Governor Anca Dragu and Deputy Governor Mihnea Constantinescu held bilateral talks with European Bank for Reconstruction and Development (EBRD) officials in Vienna on strengthening Moldova’s financial sector and accelerating reforms linked to alignment with European Union standards. The agenda covered capital market development and investor access, including operationalising the Moldova International Stock Exchange, a strategic project developed with the Bucharest Stock Exchange and other key partners, expected to become functional in summer 2026. Preparations are also under way to interconnect Moldova’s Central Securities Depository (CSD) with European Union CSDs starting with Romania to support cross-border listings and attract foreign capital, alongside implementing new rules on the use of global custody accounts intended to simplify international investor access to Moldovan instruments. The update also highlighted EBRD technical and analytical support, including work related to the yield curve project launched by the National Bank of Moldova in December 2025, an accelerated programme to transpose EU rules across market infrastructure, financial supervision, payment services, insurance and deposit guarantees, and ongoing joint equivalence assessment with the European Banking Authority (EBA) targeting recognition of Moldova’s prudential framework as equivalent to the EU’s by end-2026.

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