Anca Dragu: “Moldova is nearing alignment with the EU’s unified financial market”
The Republic of Moldova is entering a crucial phase of financial modernization as it moves closer to the structure of an integrated European market. This was announced by Anca Dragu, the Governor of the National Bank of Moldova (BNM), at the Conference on European Economic Integration (CEEI 2025) in Vienna. The event, organized by the Austrian National Bank, brought together representatives from central banks, international financial institutions, as well as experts and investors from Central, Eastern, and Southeastern Europe.
During the panel dedicated to capital markets, Anca Dragu emphasized that the Republic of Moldova is making significant strides toward capital liberalization and the development of its financial infrastructure.
"From cross-border complexities to a unified European financial market, EU integration will allow Moldova to tap into Europe’s new economic potential. We are already moving closer to this framework as we embrace capital liberalization and the free movement of financial services," stated the governor.
In this context, the NBM governor also highlighted the strategic cooperation between the Republic of Moldova and Romania to establish a new stock exchange in Chisinau. This initiative is set to accelerate the development of the Moldovan capital market and strengthen regional financial integration.
"The creation of the new stock exchange, in partnership with the Bucharest Stock Exchange, involves more than just transferring trading technologies. It brings know-how, innovation, mature governance standards, and access to foreign markets. This will open up opportunities for cross-border listings and operations, fostering strong collaboration among Moldovan, Romanian, and European intermediaries," Anca Dragu emphasized.
The governor also underscored the importance of digital transformation in the evolution of the financial market. She noted that the MIA Instant Payments system has become “a fundamental pillar of the financial infrastructure,” creating favorable conditions for increasing transactions, innovating payment systems, and streamlining post-transaction processes.
Anca Dragu stated that the NBM will continue to encourage fintech innovation by establishing a clear, secure regulatory framework that includes mandatory Open Banking and modern electronic identification standards. All these measures aim to create a safe, transparent, and inclusive financial ecosystem, aligned with the country’s European aspirations.
