Evaluarea stabilităţii financiare a sectorului de microfinanţare din Republica Moldova

Abstract

Obiectivul acestei cercetari este evaluarea sectorului de microfinantare din Republica Moldova, prin prisma indicatorilor de stabilitate financiara. In lucrare, se elucideaza principalele tendinte de dezvoltare a institutilor de microfinantare in ultimii cinci ani, reflectatind dinamica pozitiva a tuturor indicatorilor. In acest scop autorii isi propun utilizarea metodelor de baza a analizei si evaluarii stabilitatii financiare. Asigurarea stabilitatii financiare constituie o preocupare prioritara in ultimul timp pentru Banca Nationala a Moldovei (BNM), care se afla in fruntea sistemelor financiare nationale cit si a Comisiei Nationale a Pietei Financiare (CNPF). Intr-adevar, avand responsabilitatea asigurarii stabilitatii preturilor, banca centrala contribuie la stabilitatea financiara. Un mediu financiar stabil faciliteaza realizarea stabilitatii preturilor.

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.