Moldovan central bank suspends rights of lenders’ shareholders

National Bank of Moldova
The National Bank of Moldova

Moldova’s central bank has ordered large blocks of shareholders in two of the country’s commercial banks to sell their shares and suspended some of their rights.

The move is the latest effort to clean up Moldova’s notoriously difficult banking sector.

The National Bank of Moldova said on January 11 that it had ordered the owners of 52.77% of Energbank’s shares and 36.15% of Banca de Banca de Finanţe şi Comerţ, or Fincombank, to sell their holdings. The NBM also said it had appointed

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