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MOLDOVAN AUTHORITIES WILL CONTINUE SUPPORTING BANKING SYSTEM OF MOLDOVA.

This was announced by the President of Moldova Vladimir Voronin, during the opening of the modernized Chisinau branch of «Banca de Economii» in Pushkin 33. He noted that the government is constantly assisting the banking sector of the country, providing protection against the competing foreign banks. The authorities did not allow foreign banks to come to Moldova in order to enable Moldovan banks to strengthen. As the President stressed, other measures aimed at supporting and promoting the development of the banking sector of Moldova are undertaken. «We intend to continue promotion of such policies in future», - emphasized Vladimir Voronin. The head of the state stressed that due to the state participation in equity of «Banca de Economii», the authorities of Moldova were able to solve the existed problem with the insolvent «Investprivabank». According to the President, to date more than six thousand of citizens who entrusted their funds to the bank, received their money or transferred their deposits to «Banca de Economii». He noted that the process of payment on all the deposits of individuals in the insolvent bank would be completed in a few days. / / 24.07.2009 - InfoMarket.
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