RegAlert2025-01-31 | 6/1Added · Updated
On the Authorization of the Reorganization by Merger (Absorption) of Commercial Bank VICTORIABANK S.A. and Commercial Bank BCR Chisinau S.A.
The National Financial Market Commission of Moldova authorized the reorganization by merger, specifically the absorption of BCR Chisinau S.A. by Commercial Bank VICTORIABANK S.A., following the examination of applications submitted in December 2024. The Commission consolidated the administrative procedures for both banks into a single process based on shared legal grounds and factual circumstances. The decision mandates that VICTORIABANK initiate the cancellation of BCR Chisinau's securities from the National Financial Market Commission's registry after the merger is registered and BCR Chisinau is deregistered.
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REPUBLIC OF MOLDOVA
NATIONAL FINANCIAL MARKET COMMISSION
DECISION
31 January 2025No. 6/1
On the authorization of the reorganization by merger (absorption)
of Commercial Bank "VICTORIABANK" S.A. and of Commercial Bank BCR Chisinau S.A.
Following the examination of the applications submitted on 16.12.2024 by Commercial Bank "VICTORIABANK" S.A. (B.C. "VICTORIABANK" S.A.) and by Commercial Bank BCR Chisinau S.A. (BCR Chisinau S.A.), requesting authorization for reorganization by merger, with the absorption of BCR CHISINAU S.A. by B.C. "VICTORIABANK" S.A., as well as the related documents, presented in full volume on 28.01.2025, considering that the administrative procedures involved are based on the same factual situation, the same legal basis, the same purpose, and are connected, which necessitates, on the basis of Art. 44 para. (4) and Art. 80 para. (1) of the Administrative Code, the consolidation and examination in a single administrative procedure,
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Lineage: In force
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- Issued under
- Legea nr. 220-XVI din 19.10.2007 privind înregistrarea de stat a persoanelor juridice și a întreprinzătorilor individuali (Law No. 220-XVI on the state registration of legal entities and individual entrepreneurs)2007Legea nr. 192-XIV din 12.11.1998 privind Comisia Naţională a Pieţei Financiare (Law No. 192/1998 on the National Commission for Financial Markets)1998Legea nr. 1134-XIII din 02.04.1997 privind societăţile pe acţiuni (Law No. 1134/1997 on Joint Stock Companies)1997Decision No. 23/1/2021 of 2021not in RegAlertDecision No. 57/11/2022 of 2022not in RegAlert
Source: National Commission for Financial Markets Moldova — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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