The National Bank of Moldova held talks in Paris with José Manuel Campa, Chair of the European Banking Authority, focusing on progress in aligning Moldova’s banking standards with those of the European Union and on the prospect of an EBA assessment of the equivalence of Moldova’s regulations and supervisory practices in the context of the country’s EU accession path. The dialogue also covered Moldova’s integration process into the Single Euro Payments Area and the National Bank of Moldova’s progress in implementing recommendations from an equivalence assessment exercise of its legislative and supervisory framework against EU standards. Other topics included improving access to finance for small and medium-sized enterprises, as well as Moldova’s macroeconomic situation and the central bank’s monetary policy measures aimed at reducing inflation. The delegation, which included Deputy Governor Constantin Șchendra, also highlighted reforms linked to European integration that it said have strengthened the stability and transparency of the Moldovan banking sector, and noted that the meeting formed part of a broader set of discussions in Paris between 24 and 26 March with Moldova’s ambassador to France, Banque de France leadership and representatives of the Organisation for Economic Co-operation and Development.
National Bank of Moldova 2025-03-27
National Bank of Moldova discusses EU rule alignment and an equivalence assessment with the European Banking Authority
The National Bank of Moldova met with the European Banking Authority in Paris to align Moldova’s banking standards with the EU and explore an EBA assessment of regulatory equivalence. Talks also covered Moldova’s integration into the Single Euro Payments Area, SME access to finance, and monetary policy to curb inflation. The meeting was part of broader discussions on Moldova’s EU accession efforts and banking sector reforms.