In opening remarks at the eighth Fintech Moldova Conference, National Bank of Moldova Governor Anca Dragu said banking strength, modern payment infrastructure and integration with the European market are creating conditions for financial innovation. Banks’ total own funds ratio stood at 24.3% at the end of the first half of 2026, above the 10% minimum requirement, while banks complied with prudential liquidity requirements. Payment modernization has advanced through the MIA instant payment system, which has more than 1 million users and has processed over 31 million transactions worth MDL 28.5 billion since its March 2024 launch. From October 2025 through August 2026, citizens and businesses made about 1.1 million Single Euro Payments Area transfers and saved nearly EUR 15 million. The average fee fell to about EUR 1 per transfer, and nine of Moldova’s 10 banks can process SEPA payments. Dragu also highlighted open banking services that allow authorized providers to consolidate account information or initiate payments. Their development is accompanied by requirements covering data protection, fraud prevention and operational continuity, as Moldova aligns its regulatory framework and financial infrastructure with European Union standards.
National Bank of Moldova governor sets out fintech foundations as SEPA savings approach EUR 15 million
National Bank of Moldova Governor Anca Dragu said banking strength, payment modernization and European integration are supporting financial innovation. SEPA transfers saved users nearly EUR 15 million from October 2025 through August 2026, while MIA has processed more than 31 million transactions worth MDL 28.5 billion. Open banking development is being paired with data protection, fraud prevention and operational continuity requirements.