National Bank of Moldova reports MDL 2.99bn recovered in liquidation of Banca de Economii, Banca Socială and Unibank

The National Bank of Moldova published an update on the liquidation of Banca de Economii S.A., BC “BANCA SOCIALĂ” S.A. and B.C. “UNIBANK” S.A., reporting that liquidators collected MDL 2.99bn in cash between the withdrawal of the banks’ licences on 16 October 2015 and 30 June 2025 as they continue to realise assets and pursue recoveries. Cash inflows in the second quarter of 2025 totalled MDL 3.4m. Asset sales activity included nine auctions announced and one auction held, resulting in two assets sold for a total award price of MDL 46.1m against a reported market value of MDL 40.9m. The update also restated that the National Bank of Moldova extended state-guaranteed emergency loans totalling MDL 14.12bn to the three banks between November 2014 and October 2015, and that principal repayments have reached MDL 2.87bn, leaving MDL 11.25bn outstanding, with no repayments recorded in the second quarter of 2025. As of 30 June 2025, liquidators reported 35 court actions where the banks are claimants valued at MDL 3.85bn, 105 debtors in insolvency procedures valued at MDL 1.80bn, and 355 enforcement titles under execution valued at MDL 6.98bn, alongside 65 criminal cases, noting that values reported by each bank may overlap across investigations. Liquidators are continuing recovery work with investigative and judicial authorities and engagement with debtors, while the banks publish monthly disclosures on auctions, recoveries and servicing of the emergency loans.