Normative acts of the National Bank of Moldova

(No.31 of 11.10.1995)

These rules determine requirements to the transactions with affiliated persons of the commercial bank. According to rules, banks should settle for other clients as well as for affiliated persons similar conditions while granting a credit (interest rate, requirements to security and repayments of credits, other conditions) or while opening a deposit (interest rate, terms and other conditions). The limit of the aggregate liabilities on credit granted to the affiliated person should not be over 20% of stockholder’s equity.