With Regard To The Level Of The Basic Rate Of The National Bank Of Moldova For Long-Term Loans

Original Language Title: cu privire la nivelul ratei de bază a Băncii Naţionale a Moldovei la creditele pe termen lung

Read the untranslated law here: http://lex.justice.md/index.php?action=view&view=doc&lang=1&id=363034

    Pursuant to article 27 a) of law No. 548-XIII of 21 July 1995 regarding the National Bank of Moldova (republished in the Official Gazette of the Republic of Moldova, 2015, nr. 298-300, art. 544), the decision of the Administrative Council of the National Bank of Moldova No. 14 of 25 January 2001 concerning the method of calculating the basic rate of the National Bank of Moldova to long-term credits (Official Gazette of the Republic of Moldova , 2001, nr. 11-13, art. 44) and taking into consideration the evolution of the inflation indicator, the Executive Board of the National Bank of Moldova DECIDES: 1. Maintain the basic rate from long-term loans (more than 5 years) from the current 7.0 percent annually.
2. this decision shall enter into force on the date of its adoption and shall be published in the Official Gazette of the Republic of Moldova.

The PRESIDENT of the EXECUTIVE BOARD of the NATIONAL BANK of Moldova Dorin Dragutanu