OREANDA-NEWS. January 22, 2009. This was announced by the president of NBM Leonid Talmaci. He noted that since September 2008 the administrative council of NBM has reduced the mandatory reserves norms three-fold and returned liquidity of 1,5 billion leis at the banks’ accounts.

At present banks have sufficient amount of means and NBM sees no necessity to reduce mandatory reserves norms now.

Talmaci reminded that during the meeting of the Administrative council of NBM as of January 15, 2009, it was decided to decrease the base rate of NBM from 14% up to 12,5%.