Republic of Moldova: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision
IMF Staff Country Reports, February 23, 2005
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- Republic of Moldova: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision
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Bibliographic details
- Published: February 23, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825053.002
Summary findings
- The paper reviews Moldova’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, and Banking Supervision.
- Compliance with the Basel Core Principles and the IMF Code of Good Practices on Transparency in Monetary and Financial Policies was found to be good with many of the principles, although implementation is sometimes less so.
- Banks are the most developed part of the financial system.
- Quantitative indicators of financial soundness are at impressive levels.
Compliance with international standards
- Basel Core Principles: compliance assessed as "good with many of the principles," with variability in implementation.
- IMF Code of Good Practices on Transparency in Monetary and Financial Policies: compliance assessed as "good with many of the principles," with implementation sometimes lagging.
Financial system structure and focus
- Banks constitute the most developed segment of Moldova’s financial system.
- Subject areas covered include: Banking, Commercial banks, Credit, Financial institutions, Insurance companies, Loans, Money, Nonperforming loans.
Keywords and thematic tags (as listed)
- bank shareholder, Commercial banks, CR, Credit, credit evaluation, foreign exchange, Insurance companies, insurance subsidiary, interest rate, ISCR, Loans, monetary policy, Nonperforming loans, ownership disclosure requirement