Promoting Moldova's financial integration into the European Union will provide citizens and businesses with access to reliable, modern and advantageous financial services for economic development - NBM
As reported by the National Bank, this was discussed during the meetings of NBM President Anca Dragu in Brussels as part of a working visit, which is taking place from March 4 to 6, and its goal is to strengthen cooperation with European structures and promote Moldova's financial integration into the European Union. The visit includes a number of meetings with European officials, with the Executive Vice-President of the European Commission Roxana Mînzatu and the Commissioner for Financial Services and the Union of Savings and Investments Maria Luís Albuquerque. During the meeting with her, the head of the NBM discussed the following issues: bringing Moldova's financial regulation in line with European standards; modernization of the payment infrastructure and Moldova’s accession to the Single Euro Payments Area (SEPA), which will provide benefits for all citizens – easy access to faster and safer payments, reduced costs for international transfers and increased protection for consumers of financial services. Anca Dragu reaffirmed the NBM’s strong commitment to ensuring financial stability and developing a safe and competitive banking environment that supports investment and economic growth. At the same time, she expressed gratitude for the assistance of European institutions in the process of harmonizing financial legislation with EU standards. “These discussions reflect the NBM’s commitment to maintaining financial stability, thus strengthening Moldova’s European path and emphasizing the vital role of the NBM in preparing the country for accession to the European Union. By adopting EU rules, the Moldovan banking sector will work according to them, which will improve the quality of banking services and the security of transactions,” Anca Dragu said. During the meeting with the Executive Vice-President of the European Commission, Roxana Mînzatu, responsible for rights, social skills, quality and work-based learning, the topics related to the accession agenda, identifying opportunities for accelerated integration and implementing reforms from the Growth Plan for Moldova were discussed. The parties also discussed measures aimed at consolidating the NBM's efforts to deepen financial inclusion and expand financial education. Also on Tuesday, the NBM Governor held meetings with the Director General of the Directorate General of Financial Stability, Financial Services and Capital Markets Union (DG FISMA) John Berrigan, as well as with the Director General of the European Payments Council Giorgio Andreoli. She will also have meetings in the European Parliament. The visit to Brussels of the NBM delegation, which includes First Vice President Petru Rotaru, is part of the strategic efforts of the National Bank of Moldova to strengthen external relations and provide a solid basis for the integration of Moldova into the European financial system. // 04.03.2025 — InfoMarket
