Following examination of an application for a licence, having savings and loan Association "CIRCULAR-FIN" (the village of Mălăiești, Rîșcani district, on WHOSE BEHALF the 1003602003768) on the modification of legal address, pursuant to art. 28 para. (2) and paragraphs 1 and 2. (6), art. 30 paragraph 2. (1) and paragraph 1. (5) of the law on savings and loan associations no. 139-XVI from 21.06.2007 (Official Gazette of the Republic of Moldova, 2007, nr. 112-116, article 506), art. 8 para. (1) (a). c) point 36), art. 9 para. (3), art. 15, art. 18 paragraph 1. (6) and paragraph 3. (8) of law No. 451-XV of 30.07.2001 on regulating through licensing of entrepreneurship "(republished in the Official Gazette of the Republic of Moldova, 2005, no. 26-28, art. 95), art. 8 lit. c) and subparagraph (c). m) and art. 25 para. (2) of law No. 192-XIV of 12.11.1998 "Concerning the National Commission for financial market" (republished in the Official Gazette of the Republic of Moldova, 2007, nr. 117-126 BIS), the NATIONAL COMMISSION of FINANCIAL MARKET DECIDES: 1. reperfectează license savings and loan Association "CIRCULAR-FIN" NCFM series nr. 000181, released on March 5, 2009, indefinitely, for the conduct of the business of savings and loan associations, by changing the legal address in the village of Gălășeni, Rîșcani district, in the village of Mălăiești, Rîșcani, issuing a new licence form.
2. It is recognized invalid licence form NCFM series No. 000181 of 5 March 2009, previously issued savings and loan Association "CIRCULAR-FIN".
3. the fee for the keeping of the category B licence in size 325 lei drains from the State budget. Control over the execution of the given decision is put in charge of the Directorate-General for collective investments and microfinance.
5. this decision shall enter into force on the date of publication.

VICE-CHAIRMAN of the NATIONAL COMMISSION of FINANCIAL MARKET Karen Fahie