News
FGDSB warns the public about fraud attempts illegally using the name and identity of the institution
The FGDSB advises citizens to be wary of online ads or advertisements that promise quick wins, to never pass on personal or bank details to unknown persons, to immediately contact their bank and the competent authorities in case of suspected fraud, and to contact the Fund to verify the authenticity of any documents purportedly issued by the FGDSB.
Find detailed recommendations and further details in the link below:
https://www.zdg.md/.../fondul-de-garantare-a-depozitelor.../
European Forum of Deposit Insurers (EFDI) - Annual General Meeting & International Conferences 2025
From June 3-6, in Madrid, the European Forum of Deposit Insurers (EFDI) - Annual General Meeting & International Conferences, an event with a major impact on deposit guarantee and financial stability.
With theme, "Embracing the Future: New Solutions for Financial Stability", The conference brought together over 200 financial experts, representatives of guarantee schemes, European and international authorities.
The FGDSB participated in working sessions within the thematic groups (Risk Management, Financial Technology, Stress Testing, CMDI, Banking Union), as well as in discussions focused on digitalization, sustainability and new intervention models applicable in situations of crisis or financial instability.
The participation in EFDI 2025 reflects the commitment of the FGDSB to promote modern and efficient solutions to strengthen the confidence of depositors in the Republic of Moldova and to align with European best practices.
FGDSB announces the repeated organization of the competition for the selection of the Paying Agent
The Deposit Guarantee Fund in the Banking System (FGDSB) announces the organization of a repeated competition for selecting the paying agentwhich will ensure that compensation payments are made to depositors, whose deposits are guaranteed, in the event that they become unavailable.
The terms of reference, together with other relevant information on the organization of the competition and the work of the FGDSB are available at here.
FGDSB closer to European standards in depositor protection
In an interview for the 'Expert Advice' column on NewsMaker.mdFGDSB Director, Dionis Catanoi, explains in detail:
✔️ what the cooperation agreement with the Romanian Deposit Guarantee Fund entails
✔️ how the compensation mechanism works
✔️ who is protected by the Deposit Guarantee Scheme of the Republic of Moldova
✔️ and what savers need to know in a banking crisis
💬 "Access to international best practices and participation in technical cooperation networks are concrete steps towards building confidence in the banking system", emphasized Dionis Catanoi.
FGDSB announces the launch of the competition for the selection of the Paying Agent
The Deposit Guarantee Fund in the Banking System (FGDSB) announces the launch of the competition for the selection of the paying agent, which will ensure the payment of compensation to depositors whose deposits are guaranteed, in case they become unavailable.
The terms of reference, together with other relevant information on the organization of the competition and the work of the FGDSB, are available at here.
FGDB Romania and FGDSB Republic of Moldova signed a cooperation agreement
The Bank Deposit Guarantee Fund, the statutory deposit guarantee scheme officially recognized on the territory of Romania and the Deposit Guarantee Fund in the banking system, the statutory deposit guarantee scheme officially recognized on the territory of the Republic of Moldova, signed today, 20 March 2025, the Framework Agreement for the development and strengthening of cooperation in areas of common interest.
This partnership aims to strengthen financial stability by:
✔ Technical assistance to modernize and streamline processes
✔ Exchange of experts to improve guarantee mechanisms
✔ Joint analysis and studies
✔ Participation in international events to promote best practices
✔ Financial education projects dedicated to informing savers
This collaboration reinforces the commitment of both institutions to ensure deposit protection and contribute to the development of a more stable and transparent banking system.
Deposit Guarantee Fund in the Banking System participates in EFDI working groups on FinTech and Stress Testing
On 13-14 February, the employees of the Deposit Guarantee Fund in the Banking System (FGDSB) participated in working group meetings organized by the European Forum of Deposit Insurers (EFDI), dedicated to the latest trends in deposit guarantee and stress testing.
The discussions covered topics such as:
- Recent developments in digital assets and their impact on guarantee schemes;
- Innovative depositor compensation procedures to streamline access to guaranteed deposits;
- Exploring the potential of using artificial intelligence in deposit insurance;
- Methodologies and examples of stress testing, presented by EFDI members, to strengthen the resilience of guarantee schemes.
FGDSB participated in the bilateral screening for Moldova's accession to the European Union in Brussels
On February 3-4, 2025, the FGDSB actively participated in the bilateral screening for the accession of the Republic of Moldova to the European Union, held in Brussels. The event was attended by representatives of several institutions from the Republic of Moldova, and the Deposit Guarantee Fund in the Banking System of the Republic of Moldova was represented by Mrs. Mariana Pojoga, Head of Legal Service and Secretariat.
The screening was held on Chapter 9 - Financial Services, and the discussions attended by the GFDSB focused on the alignment of national legislation in the field of deposit guarantee with European standards.
Deposit Guarantee Fund in the Banking System - new EFDI member
On January 31, 2025, in London, Deposit Guarantee Fund in the Banking System of the Republic of Moldova (FGDSB) was officially presented as a member of the European Forum of Deposit Insurers (EFDI) at the EFDI Public Relations and Communication (PRC) Meeting.
This affiliation reflects the FGDSB's commitment to aligning with European best practices, strengthening depositor protection and increasing transparency in the banking system of the Republic of Moldova.
Joining EFDI gives us the opportunity to collaborate with guarantee funds across Europe and share experiences for a safer and more stable banking system.
CEO Dionis Catanoi becomes a contributor on Agora.md, sharing his rich experience in the financial sector
Deposit Guarantee Fund in the Banking System of the Republic of Moldova (FGDSB) announces a special collaboration! Director General Dionis Catanoi becomes contributor on Agora.md, sharing his wealth of experience in finance.
Dionis Catanoi has coordinated important modernization, digitalization and operational optimization projects. He was also involved in developing organizational strategies, launching new financial products and collaborating with international institutions.
One of its successful projects is the implementation of the MIA Instant Payments system, realized under the aegis of the National Bank of Moldova. It has modernized the payment infrastructure in the country, facilitating fast and secure transactions, contributing to the development of the digital economy and increasing trust in the banking system.
🎯 Follow Dionis Catanoi's articles on NOW for relevant information and valuable insights!
FGDSB has become a member of the European Forum of Deposit Insurers (EFDI)
The Deposit Guarantee Fund in the Banking System (FGDSB) announces its accession as a member of the European Forum of Deposit Insurers (EFDI), an international organization that brings together deposit guarantee schemes and clearing mechanisms in Europe. Through this affiliation, the FGDSB will benefit from access to international experience and effective practices in the field of deposit guarantee, strengthening its ability to protect the savings of depositors in the Republic of Moldova and support national financial stability.
EFDI membership offers:
- Access to a European network of experts and institutions;
- Cooperation to develop effective deposit guarantee solutions;
- Training and exchange opportunities.
About EFDI:
European Forum of Deposit Insurers (EFDI) is a European organization founded in 2002 to promote cooperation between deposit guarantee schemes and investor compensation schemes. EFDI brings together 71 member institutions FROM 50 jurisdictions, including 56 deposit guarantee schemes and 15 investor compensation mechanisms.
For more information about EFDI, visit: www.efdi.eu
From January 1, 2025 the coverage level will be 200,000 lei
The Deposit Guarantee Fund in the Banking System (FGDSB) announces that, starting January 1, 2025, the coverage level of bank deposits will be increased from 100,000 lei to 200,000 lei. This measure aims to enhance the protection of citizens' savings and to strengthen confidence in the banking system in the Republic of Moldova.
Dionis Catanoi, Director General of the FGDSB he said: "The increase in coverage provides greater security for citizens' savings and is an important step in modernizing the guarantee scheme. In addition, we will launch a broad communication campaign to inform the public about these changes and the benefits for savers."
The coverage level is applied separately for each depositor and for each bank, which means that the guaranteed amount of RON 200,000 is insured separately for deposits held with each banking institution.
This increase responds to local market requirements and contributes to public confidence in the national banking system. At the same time, measures are being taken to gradually bring the level of deposit coverage in line with EU standards, taking into account the economic and financial specificities of the Republic of Moldova.
The information campaign launched by the FGDSB aims to provide clear and transparent information to the general public, thus ensuring a better understanding of the benefits of increased coverage.
