The National Bank of Moldova published remarks by Deputy Governor Tatiana Ivanicichina from a roundtable on Moldova’s macroeconomic resilience amid regional and global security threats. She framed the central bank’s stance as a prudent, market-adapted monetary policy aimed at cushioning the economy from external shocks and maintaining financial stability, alongside efforts to keep the banking system safe and the economic environment predictable. Ivanicichina highlighted accelerating European financial integration, describing accession to the Single Euro Payments Area (SEPA) as a key step to modernise financial infrastructure and improve cross-border transactions by increasing efficiency and reducing costs for citizens and businesses. She also identified technological development of the financial system and the digitalisation of payments as priority areas, and noted ongoing collaboration with European and international institutions to align regulation with European Union standards. The discussion also covered the need for economic diversification, including support for small and medium-sized enterprises and innovation, while Expert-Grup’s executive director emphasised the central bank’s role given its independence, capitalisation and high foreign exchange reserves.
National Bank of Moldova 2025-01-29
National Bank of Moldova deputy governor reiterates prudent monetary policy and prioritises SEPA accession and payments digitalisation
Deputy Governor Tatiana Ivanicichina of the National Bank of Moldova emphasized prudent monetary policy for macroeconomic resilience amid security threats, focusing on financial stability and banking safety. She highlighted Moldova's accession to SEPA as crucial for modernizing financial infrastructure and enhancing cross-border transaction efficiency. Ivanicichina also prioritized technological development, digitalization, and collaboration with European institutions to align regulations with EU standards.