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Ministry of Justice

Republic of Moldova

16.05.2012 No. 876

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

of April 12, 2012 No. 91

About change and amendment of Regulations of licensing of banks No. 23/09-01

In pursuance of Item d) Articles 5, Article 11 and Items a) and c) article 44 of the Law No. 548XIII of July 21, 1995 on National Bank of Moldova (The official monitor of the Republic of Moldova, 1995, No. 56-57, of the Art. 624), with subsequent changes and amendments, and Articles 1, parts (1) Articles 25, Article 30 and article 35 of the Law on financial institutions No. 550-XIII of July 21, 1995 (repeated publication: The official monitor of the Republic of Moldova, 2011, No. 78-81, the Art. 199), with subsequent changes and amendments, DECIDES: Administrative board of National Bank of Moldova

In the regulations of licensing of banks No. 23/09-01, approved by the Resolution of Administrative board of National Bank of Moldova No. 37 of 15.08.1996. (Official monitor of the Republic of Moldova, 1996, No. 59-60, of the Art. 74) registered in the Ministry of Justice of the Republic of Moldova at No. 750 4 of May, 2010 with subsequent changes and amendments, to make the following changes and additions:

1. Changes concern only the text in state language.

2. Changes concern only the text in state language.

3. Chapter VIII:

1) in Item A:

a) in the first paragraph of the word "the banking license, new bank" shall be replaced with words "to bank the license, bank", shall be replaced with words the words "and each of its branches" "and its branches and representations", and the words "the following documents are attached" shall be replaced with words "verified copies of the following documents";

b) in Item 2 "brought according to the written permission of National Bank" to exclude the text;

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