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	<description>MOLDOVAN BANKERS LEAGUE</description>
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		<title>GET Moldova &#8211; Bank fraud: Avoiding a double shock to public finances</title>
		<link>https://lbm.md/?p=594</link>
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		<pubDate>Sat, 05 Sep 2015 08:24:57 +0000</pubDate>
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		<description><![CDATA[In November 2014, three Moldovan banks were affected by fraudulent lending in the amount of USD 1 bn. This equates to about 20% of Moldova’s GDP. There is little chance of recovering the misappropriated loans, which means none of the banks are able to fully repay their deposits; the banks are insolvent. Since the previous [&#8230;]]]></description>
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<p>In November 2014, three Moldovan banks were affected by fraudulent lending in the amount of USD 1 bn. This equates to about 20% of Moldova’s GDP. There is little chance of recovering the misappropriated loans, which means none of the banks are able to fully repay their deposits; the banks are insolvent. Since the previous government generously guaranteed the deposits and no significant deposit insurance exists, the state <a title="Bank fraud: Avoiding a double shock to public finances" href="http://lbm.md/wp-content/uploads/2015/09/Newsletter_30_2015_GET-Moldova.pdf">read  more&#8230;</a></p>
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		<title>MBL launched today the second group of participants within the banking training program &#8211; EFCB</title>
		<link>https://lbm.md/?p=503</link>
		<comments>https://lbm.md/?p=503#comments</comments>
		<pubDate>Thu, 29 May 2014 08:37:45 +0000</pubDate>
		<dc:creator><![CDATA[LBM]]></dc:creator>
				<category><![CDATA[MBL News]]></category>

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		<description><![CDATA[The Moldovan Bankers’ League Moldova, under the aegis of the EUROPEAN BANKING AND FINANCIAL SERVICES TRAINING ASSOCIATION (EBTN), launched today the second group of participants within the banking training program &#8211; EUROPEAN FOUNDATION CERTIFICATE IN BANKING (EFCB). The EBTN (www.ebtn-association.eu) is an Association of leading European Bank Training Institutes. In 2001 EBTN decided to develop, [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>The Moldovan Bankers’ League Moldova, under the aegis of the EUROPEAN BANKING AND FINANCIAL SERVICES TRAINING ASSOCIATION (EBTN), launched today the second group of participants within the banking training program &#8211; EUROPEAN FOUNDATION CERTIFICATE IN BANKING (EFCB).<span id="more-503"></span></p>
<p>The EBTN (<a href="http://www.ebtn-association.eu">www.ebtn-association.eu</a>) is an Association of leading European Bank Training Institutes. In 2001 EBTN decided to develop, in close co-operation with 18 members of 16 European countries, a Leonardo da Vinci Pilot Project entitled European Foundation Certificate in Banking (EFCB).</p>
<p>The EFCB certificate can only be delivered by an Accredited Institute. Accreditation takes place through the Accreditation and Certification Committee of EBTN. The main objective of the Accreditation and Certification Committee is to assure the quality of the examination. The EFCB is issued by the EBTN. The Moldovan Bakers’ League became associate member of the EBTN in October 2013.</p>
<p>The holder of the EFCB certificate is recognized as a specialist in the banking industry, in any country of the EU, according to the European Centre for the Development of Vocational Training – CEDEFOP (<a href="http://www.cedefop.europa.eu/EN/Files/4116_en.pdf">www.cedefop.europa.eu/EN/Files/4116_en.pdf</a>). Promoting the EFCB in the Republic of Moldova will contribute to improving the quality of financial intermediation, and will ultimately benefit the customers and the national economy. In addition, this will create opportunities for a large number of employees of banks and other financial institutions by creating a solid foundation for their professional and career growth. In addition, the EFCB holder will have the opportunity to access to other programs with certification offered by the institutions that are members of EBTN (eg Chartered Banker Diploma).</p>
<p>The study program is addressed to the bank employees who want to enhance their professional knowledge and skills related to the banking and financial services industry and to all those who feel the need to be prepared for those transformations demanded by the EU integration process of the Republic of Moldova. The program is also addressed to the representatives of nonbank financial sector (microfinance institutions, leasing, savings and loans associations), as well as to master’s candidate and students in the final year of graduate studies in economics.</p>
<p>The EFCB second cohort launch event was attended by 20 participants to the program, the management and members of MBL, representatives of the banking and non-banking sector, the authors of the course material, program trainers from the Republic of Moldova and from abroad to offer consultations during the program, MBL partners.</p>
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		<title>MOLDOVAN BANKERS’ LEAGUE ACCESSION TO EBTN</title>
		<link>https://lbm.md/?p=483</link>
		<comments>https://lbm.md/?p=483#comments</comments>
		<pubDate>Tue, 13 May 2014 12:35:37 +0000</pubDate>
		<dc:creator><![CDATA[LBM]]></dc:creator>
				<category><![CDATA[International activities]]></category>
		<category><![CDATA[MBL News]]></category>

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		<description><![CDATA[During October 10-11, 2013, the Moldovan Bankers’ League attended the Membership Meeting of the European Banking &#38; Financial Services Training Association &#8211; EBTN, held in Rome, Italy. The meeting was hosted by the centre for banking training ABI Formazione of the Banking Association of Italy. The meeting was attended by the EBTN representatives from about [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>During October 10-11, 2013, the Moldovan Bankers’ League attended the Membership Meeting of the European Banking &amp; Financial Services Training Association &#8211; EBTN, held in Rome, Italy. The meeting was hosted by the centre for banking training ABI Formazione of the Banking Association of Italy. The meeting was attended by the EBTN representatives from about 20 countries, including Belgium, Germany, Denmark, Netherlands, United Kingdom, Malta, Italy, Spain, Russia, Poland, and Romania.<span id="more-483"></span></p>
<p>The meeting in Rome was dedicated to &#8221; European instruments EQF, ECVET and EQAVET &#8211; Guide for the implementation of the Triple E Qualifications project &#8221; and aimed at highlighting the reference framework of standards for professional qualifications of system of continuous education and professional training in Europe and the application of this framework in the implementation of Triple E (Financial Services Sector Triple E Qualifications) &#8211; the new European project of EBTN.<br />
Triple E Qualifications project of EBTN, which was launched on October 1, 2013 and will be the main activity of EBTN for the next two years, has as main objective the development of systems of sectorial qualifications (national and European) by incorporating, in accordance with the EU recommendations, the requirements of the European Credit System for Vocational Education and Training &#8211; ECVET. This project will assess and evaluate the best practices in the design, development and implementation of vocational qualifications in the financial services sector. It should be mentioned that at European level, the ECVET system aims to facilitate the validation and accreditation of professional skills and knowledge acquired during a stay in another country, to establish a better match between the education and training systems in Europe, and the qualifications offered by these systems.</p>
<p>The event offered the participants an opportunity to exchange views and information on the role and importance of these instruments for the banking industry, their basic features and the matrix implementation model.</p>
<p>Also during the event, the EBTN President Clemens Spoorenberg announced the decision of the EBTN Board of Directors of October 10, 2013 regarding the acceptance of Moldovan Bankers’ League of Moldova as an Associate Member of EBTN. In this context, Moldovan Bankers’ League made a presentation on its statute, core mission, and organizational and operational principles, also referring on another important aspect of its activity &#8211; delivery of financial and banking training programs to the financial services industry. The League’s representative stressed the importance and benefits of MBL’s accession to this important European forum, in the context of Moldova’s European aspirations, and expressed the League’s interest in participating in the EBTN’s Triple E Qualifications project.</p>
<p>The European Banking &amp; Financial Services Training Association &#8211; EBTN is a nonprofit association of European institutions and centers aimed at providing training in the banking sector. EBTN is the institution that sets the standards for accreditation, certification and qualification of knowledge, skills and competencies in financial services sector in Europe. The main objectives of EBTN are to create educational and professional standards in Europe, to enlarge the European professional culture, the development of European and international relations, the establishment of a framework for the accreditation of qualifications and certifications issued by EBTN members in financial services sector in Europe.</p>
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		<title>The Moldovan Bankers’ League Moldova launched today the first group of participants within the banking training program &#8211; EUROPEAN FOUNDATION CERTIFICATE IN BANKING (EFCB).</title>
		<link>https://lbm.md/?p=506</link>
		<comments>https://lbm.md/?p=506#comments</comments>
		<pubDate>Thu, 20 Mar 2014 09:43:54 +0000</pubDate>
		<dc:creator><![CDATA[LBM]]></dc:creator>
				<category><![CDATA[MBL News]]></category>

		<guid isPermaLink="false">http://lbm.md/?p=506</guid>
		<description><![CDATA[The Moldovan Bankers’ League Moldova, under the aegis of the EUROPEAN BANKING AND FINANCIAL SERVICES TRAINING ASSOCIATION (EBTN), launched today the first group of participants within the banking training program &#8211; EUROPEAN FOUNDATION CERTIFICATE IN BANKING (EFCB). The EBTN (www.ebtn-association.eu) is an Association of leading European Bank Training Institutes. In 2001 EBTN decided to develop, [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>The Moldovan Bankers’ League Moldova, under the aegis of the EUROPEAN BANKING AND FINANCIAL SERVICES TRAINING ASSOCIATION (EBTN), launched today the first group of participants within the banking training program &#8211; EUROPEAN FOUNDATION CERTIFICATE IN BANKING (EFCB).</p>
<p>The EBTN (<a href="http://www.ebtn-association.eu">www.ebtn-association.eu</a>) is an Association of leading European Bank Training Institutes. In 2001 EBTN decided to develop, in close co-operation with 18 members of 16 European countries, a Leonardo da Vinci Pilot Project entitled European Foundation Certificate in Banking (EFCB).<span id="more-506"></span></p>
<p>The EFCB certificate can only be delivered by an Accredited Institute. Accreditation takes place through the Accreditation and Certification Committee of EBTN. The main objective of the Accreditation and Certification Committee is to assure the quality of the examination. The EFCB is issued by the EBTN. The Moldovan Bakers’ League became associate member of the EBTN in October 2013.</p>
<p>The holder of the EFCB certificate is recognized as a specialist in the banking industry, in any country of the EU, according to the European Centre for the Development of Vocational Training – CEDEFOP (<a href="http://www.cedefop.europa.eu/EN/Files/4116_en.pdf">www.cedefop.europa.eu/EN/Files/4116_en.pdf</a>). Promoting the EFCB in the Republic of Moldova will contribute to improving the quality of financial intermediation, and will ultimately benefit the customers and the national economy. In addition, this will create opportunities for a large number of employees of banks and other financial institutions by creating a solid foundation for their professional and career growth. In addition, the EFCB holder will have the opportunity to access to other programs with certification offered by the institutions that are members of EBTN (eg Chartered Banker Diploma).</p>
<p>The study program is addressed to the bank employees who want to enhance their professional knowledge and skills related to the banking and financial services industry and to all those who feel the need to be prepared for those transformations demanded by the EU integration process of the Republic of Moldova. The program is also addressed to the representatives of nonbank financial sector (microfinance institutions, leasing, savings and loans associations), as well as to master’s candidate and students in the final year of graduate studies in economics.</p>
<p>The EFCB launch event was attended by the participants to the program, the management and members of MBL, representatives of the banking and non-banking sector, the authors of the course material, program trainers selected by the MBL to offer consultations during the program, MBL partners, and representatives of the media.</p>
<p>&nbsp;</p>
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