Emma TABARTA, NBM: 4 of the 14 commercial banks in the Republic of Moldova have a bancassurance license

At the moment, 4 of the 14 commercial banks in the Republic of Moldova have a bancassurance license, Emma TABARTA, Deputy Governor, National Bank of Moldova, declared during the National Bancassurance Conference, which took place in Chisinau on November 15. "In the Republic of Moldova, the bacnassurance concept is a novelty. Until 2012, this word did not even exist in the legislation, and the notion was introduced after some regulatory changes. In my opinion, the banking segment is prepared for this new activity", Emma TABARTA pointed out.

"The commercial banks have already begun this activity, and 4 of the 14 commercial banks activating on the market have a bancassurance license. These are MOLDOVA-AGROINDBANK, VICTORIABANK, MOBIASBANCA and MOLDINDCONBANK. I hope that this new activity will contribute to the development of the banking industry as well as the insurance industry", the Deputy Governor of the National Bank of Moldova added.

"The legal and regulatory requirements for developing the bancassurance activity have been met 100%", Emma TABARTA explained.



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