May 27, 2025 – The Sustainable Banking and Finance Network (SBFN) is pleased to welcome the Moldovan Banks Association (ABM) as its newest member. This membership marks a significant milestone in the network’s growth and global partnerships, commemorating the addition of the 100th member.
Established in 1993, the ABM is a professional, nonprofit organization representing the banking sector in the Republic of Moldova. As a key industry platform, ABM works to strengthen Moldova’s sustainable economic growth and aligning the financial sector with environmental, social, and governance (ESG) principles.
In recent years, ABM has engaged in strategic dialogues and initiatives to increase awareness and capacity on sustainable finance among its members. In March 2024, ABM participated and actively contributed to the ToT for Banking Associations on Sustainable Finance and ESG that was hosted by the IFC ESG Advisory Program and SBFN in collaboration with the Banking Association of Georgia in Tbilisi, Georgia.
ABM plays an active role in Moldova’s interagency steering committee on climate finance, which coordinates national efforts to develop climate finance strategies and policies. ABM is also part of the Sustainable Finance Working Group established by the National Bank of Moldova (NBM) that aims to facilitate implementation of the Sustainable Finance Roadmap adopted by NBM in May 2024.
Prior to that, in November 2023, the NBM joined SBFN. With both the central bank and the banking association now members, this dual participation strengthens public-private collaboration and accelerates the development of national sustainable finance frameworks and market practices.
“Joining the Sustainable Banking and Finance Network as its 100th member is both a great honor and a powerful affirmation of our commitment to building a more sustainable financial future for Moldova. This milestone reflects the Moldovan banking sector’s growing engagement in global sustainability efforts and reinforces our dedication to aligning with international ESG standards. We look forward to contributing actively to the SBFN community and collaborating on impactful solutions for sustainable finance.”— Dorel NOROC, President, Moldovan Banks Association.
“SBFN and IFC are pleased to welcome the Moldovan Banks Association as our 100th member—a milestone that reflects the network’s growing global influence and impact. We commend ABM’s leadership and commitment to sustainability, and we look forward to supporting its journey in shaping Moldova’s sustainable finance ecosystem,” shared Rong Zhang, SBFN Global Coordinator.
As the 100th member, ABM joins a growing global community of financial sector regulators, banking associations, and development finance institutions across 72 countries. This milestone reinforces SBFN’s central role as a global convener, fostering collective action and advancing sustainable finance worldwide.