Actuality of the research topic is a vital one due to current geo-political situation of Moldova and neighbor-countries. Since the conflict has emerged from February 2022 financial sector of Moldova has been heavily impacted, clients have changed their behaviour in line with the event which happend. The research topic aims to elaborate and analyze clients behaviour during stress period and how does it impact banking sector. Based on the figures which will be analyzed we can already conclude that such events impact liquidity mostly. Thus this should be analyzed from different perspectives. The purpose and objectives of the research is focusing on describing the environment and how does such events impact banking sector. Based on EU regulations which were implemented by NBM of Moldova a number of special indicators are being used to evaluate the state of banks. Another point which has been also implemented is ILAAP framework which represents liquidity risk management framework which should be developed and formalized by each bank separately. ILAAP policy's and reports from all banks should be submitted to NBM like annual statements by March-May every year based on previous year. NBM should scrutinize all the received documents and come back with SREP report which evaluates if liquidity management is adequate and viable in every bank. The research results consist in making conclusions of importance of liquidity management in banking sector and how is it impacted by external factors.