KPMG: Tax&Legal Newsflash, May 2009

KPMG: Tax&Legal Newsflash, May 2009

  • 16.06.2009

National Bank of Moldova lowers some interest rates For more details in English, Romanian and Russian please check our KPMG Publications page. National Bank lowers some interest rates The new rates set by the National Bank of Moldova are as follows: · Basic rate for short-term operations – 10.0 percent per year · Overnight loans - 12.5 percent per year · Overnight deposits - 2.0 percent per year · Basic rate for long-term loans (over 5 years) - 10.0 percent per year. This information is based on the provisions of National Bank of Moldova Decree Nr. 116 on interest rates (14 May 2009).

KPMG Moldova
KPMG Moldova

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. KPMG operates in more than 155 countries and has over 174,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. In Romania, KPMG was founded in 1994 and now operates from six offices, in Bucharest, Timisoara, Cluj Napoca, Iasi, Constanta and in Chisinau (the Republic of Moldova) since 1997. The practice has more than 800 staff, including 18 Partners, both Romanian and expatriates from the Canada, France, Israel, Sweden etc.

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