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Banking Regulations in Moldova

Moldova’s banking regulations are designed to ensure the stability and security of the country’s financial system. Here, we summarize the key requirements for banks operating in Moldova.

Initial Capital and Own Funds Requirements

Banks operating in Moldova must meet strict initial capital and own funds requirements:

• Initial Capital Requirement: The initial capital requirement for banks is MDL 100 million (approximately EUR 5 million).
• Own Fund’s Adequacy Ratios: Banks must maintain an adequate level of own funds to cover various types of risk, including:
  • Credit risk
  • Dilution risk
  • Counterparty credit risk
  • Position risk
  • Settlement/delivery risk
  • Foreign exchange risk
  • Commodity risk
  • Credit adjustment risk
  • Operational risk
• Minimum Capital Buffers: Banks must maintain capital buffers above the required minimum level.

Liquidity Requirements

Banks in Moldova are also subject to liquidity requirements:

• Liquidity Provisions: Banks must maintain liquidity provisions to cover imbalances between inflows and outflows for a 30-day period.
• NBM Regulations: Banks must meet liquidity requirements as set out by the National Bank of Moldova (NBM) regulations.

Basel III Implementation

Moldova has implemented Basel III regulations, aligning with the European CRD IV/CRR framework:

• Capital Requirements: The new regulations put an increased emphasis on the availability of capital to cover the risks of banks’ activity.
• Minimum Capital Thresholds: The regulations introduce new requirements for minimum capital thresholds by levels based on quality.
• Approved Regulations: The National Bank of Moldova has approved several regulations related to:
  • Bank’s own funds and capital requirements
  • Capital buffers
  • Credit risks treatment
  • Operational risk treatment
  • Market risk treatment
  • Settlement/delivery risk treatment
  • External audit