Moldovan parliament makes amendments to banking legislation
14:45 | 15.08.2019 Category: Economic
Chisinau, 15 August /MOLDPRES/- The parliament made today amendments to banking legislation and redefined the notion of "liquidity assistance in emergencies". 58 deputies voted for the adoption of the project in first and second reading.
Under the new legislative amendments, the National Bank of Moldova will have the possibility to provide emergency loans only to a solvable and viable bank. Thus, the provisions that allowed the granting of liquidity assistance to the three insolvent commercial banks were canceled.
The modification of the legislation on banks was carried out during the extraordinary session of the parliament that takes place between 12 and 16 August.
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