RESOLUTION OF ADMINISTRATIVE BOARD OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of January 27, 2011 No. 10

About change of regulation of required reserves

Based on Articles 5, 11 and 17 Laws No. 548-XIII of July 21, 1995 on National Bank of Moldova (Monitorul Oficial al Republicii Moldova, 1995, No. 56-57, of the Art. 624) with subsequent changes and amendments, the Regulations regulations on the mode of required reserves approved by the Resolution of Administrative board of National Bank of Moldova No. 85 of April 15, 2004 (Monitorul Oficial al Republicii Moldova, 2004, No. 67-72, of the Art. 168), with subsequent changes and amendments, DECIDES: Administrative board of National Bank of Moldova

1. Regulation of required reserves from the raised funds in Moldovan lei and in inconvertible currency, and also regulation of required reserves from the raised funds in freely convertible currency, since the period of observation of the raised funds on February 8, 2011 - on March 7, 2011 to establish at the level of 11% of calculation base.

2. From the date of entry into force of this resolution to repeal the Resolution of Administrative board of National Bank of Moldova No. 212 of September 3, 2009. "About change of regulation of required reserves" (Monitorul Oficial al Republicii Moldova, 2009, No. 138-139, of the Art. 649).

3. This resolution becomes effective on February 8, 2011.

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