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Moldova’s sovereign rating shows positive dynamics

Moldova has outperformed many Western Balkan countries on Standard & Poor's Global Ratings' sovereign credit rating, Logos Press reported.
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Moldova’s sovereign rating shows positive dynamics

National Bank President Anca Dragu said at the Central and Eastern Europe Forum in Vienna that this was possible thanks to the NBM measures and the economic policy of the Moldovan authorities.

“The dynamics of the country’s sovereign rating confirms the quality of decisions taken and the growing confidence of international partners. In 2025, Moldova received a new sovereign rating of “BB-/B” assigned by S&P Global Ratings – an improvement that puts us ahead of many countries in the Western Balkans,” Dragu said.

The NBM governor also emphasized the success of the MIA instant payments system and Moldova’s accession to SEPA, noting that the development of the financial infrastructure “demonstrates the country’s progress and its confident movement towards a modern, safe and competitive economy”.

On the sidelines of the forum, organized by the Financial Times newspaper, Anca Dragu and NBM Vice President Mihnea Constantinescu held a meeting with representatives of the European Bank for Reconstruction and Development (EBRD). Dragu thanked the EBRD for the cooperation, which “accelerates the modernization of the capital market infrastructure and supports us in adjusting it to European standards”.

At the meeting it was announced the launch of the International Stock Exchange of Moldova in the summer of 2026, as well as the preparations for the mutual interconnection of the Central Depository of Moldova with the depositories of the EU countries, starting with Romania. Mutual interconnection of depositories will be a key step to facilitate cross-border listings and attract foreign capital.

The President of the National Bank emphasized the importance of the EBRD’s support in the implementation of technical and analytical projects, including the development and implementation of the yield curve launched by the NBM in December 2025. This tool graphically displays the relationship between maturities and yields of debt instruments in national currency.

In addition, the National Bank intends to obtain, by the end of 2026, the recognition of the equivalence of the prudential regulation of the Republic of Moldova to the European Union standards.


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