{"id":255975,"date":"2008-10-28T16:25:00","date_gmt":"2008-10-28T16:25:00","guid":{"rendered":"http:\/\/new.moldova.org\/2008\/10\/28\/central-bank-has-14-correspondent-banks-in-11-countries-160678-eng\/"},"modified":"2008-10-28T16:25:00","modified_gmt":"2008-10-28T16:25:00","slug":"central-bank-has-14-correspondent-banks-in-11-countries-160678-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/central-bank-has-14-correspondent-banks-in-11-countries-160678-eng\/","title":{"rendered":"Central bank has 14 correspondent banks in 11 countries"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The National Bank of Moldova has 14 correspondent banks in 11 countries. <\/p>\n

These include ING Belgium SA\/NV (Belgium), Banque de France (France), Commerzbank AG and Deutsche Bundesbank (Germany), Banca d’Italia (Italy), Bank of Japan (Japan), ING Bank and De Nederlandsche Bank N.V (the Netherlands), Citibank Romania S.A (Romania), ZAO UniCredit Bank (Russia), UBS AG (Switzerland), Bank of England (the UK), the Federal Reserve Bank of New York and Standard Chartered Bank (the U.S.).
\n\"\"
\nA correspondent bank is a bank takes deposits and performs banking services for other depository institutions in exchange for a fee. Correspondent banks typically provide banking services when the other banks, often foreign banks, aren’t able to offer the services or find that it is more cost effective to outsource this need.<\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>Central bank has 14 correspondent banks in 11 countries<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-255975","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

The National Bank of Moldova has 14 correspondent banks in 11 countries. <\/p>\n

These include ING Belgium SA\/NV (Belgium), Banque de France (France), Commerzbank AG and Deutsche Bundesbank (Germany), Banca d’Italia (Italy), Bank of Japan (Japan), ING Bank and De Nederlandsche Bank N.V (the Netherlands), Citibank Romania S.A (Romania), ZAO UniCredit Bank (Russia), UBS AG (Switzerland), Bank of England (the UK), the Federal Reserve Bank of New York and Standard Chartered Bank (the U.S.).
\n\"\"
\nA correspondent bank is a bank takes deposits and performs banking services for other depository institutions in exchange for a fee. Correspondent banks typically provide banking services when the other banks, often foreign banks, aren’t able to offer the services or find that it is more cost effective to outsource this need.<\/p>\n

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