National Bank of Moldova moves Moldova’s first National Financial Inclusion Strategy SNIF 2030 into drafting after concept approval

The National Bank of Moldova announced that the Council for Coordination of Sustainable Development approved the SNIF 2030 concept on 14 August 2025, validating the initiative to develop the Republic of Moldova’s first National Financial Inclusion Strategy. The concept is intended to serve as the framework for drafting the strategy and its implementation programme, focused on strengthening access to, use of and quality of financial services for citizens and households, with emphasis on vulnerable or financially excluded groups, and for small and medium-sized enterprises. The concept sets four main pillars: improving the use and quality of financial services by diversifying and adapting products to consumer needs; developing and modernising the payments ecosystem, with particular attention to areas with low levels of digitalisation; strengthening financial consumer protection through better protection mechanisms, more effective complaint resolution and prevention of abusive practices; and raising financial capability through financial education, including digital literacy. The strategy is being developed under a process initiated by the National Bank of Moldova with technical assistance from the World Bank under the M-GROW programme, with participation from several public institutions and the Association of Banks of Moldova. Authorities are inviting stakeholders to register on the particip.gov.md platform to help shape the strategy’s priorities and implementation measures.