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Financial Stability Review Of The Microfinance Sector In Moldova

Author

Listed:
  • Petru CATAN

    (INCE)

  • Viorica ŞEPTELICI

Abstract

The objective of this article is to analyze the microfinance sector in Moldova, in terms of financial stability indicators. Thus, it highlights the main trends of development of microfinance institution in the last five years, as being reflected by the improvement of all indicators. Therefore in the paper the authors aim to present the most important methods of analyzing and assessing financial stability. Thus, ensuring financial stability constitutes lately a priority concern for the National Bank of Moldova (NBM), which is at the forefront of the national financial systems as well as the National Commission of Financial Market (NCFM). Indeed, with the responsibility of ensuring price stability, the central bank contributes to financial stability. A stable financial environment facilitates the achievement of price stability.

Suggested Citation

  • Petru CATAN & Viorica ŞEPTELICI, 2013. "Financial Stability Review Of The Microfinance Sector In Moldova," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 3, pages 89-95.
    • Handle: RePEc:nos:ycriat:69
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    More about this item

    Keywords

    microfinance sector; financial stability; bank loans; profitability; indicators of concentration; quality of the assets.;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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