Regulatory Alerts2020-06-30
Regulation on Emergency Liquidity Assistance
The Executive Board of the National Bank of Moldova approved this Regulation to establish the principles, conditions, and procedures for providing emergency liquidity assistance to solvent and viable banks facing temporary liquidity issues. The framework mandates that assistance be fully collateralized with eligible assets, limited to an initial two-week term extendable up to one year, and priced at the overnight credit facility rate plus two percentage points. Banks must demonstrate exhaustion of alternative liquidity sources, submit credible funding plans, and comply with strict reporting and monitoring requirements to maintain financial system stability.
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