Maib secures second consecutive Best Bank in Moldova Award at EMEA Finance Europe Banking Awards 2022
Maib has been named the Best Bank in Moldova for the second consecutive year by EMEA Finance. EMEA Finance magazine, a financial publication aimed at business leaders in banking and finance, is published six times a year. EMEA Finance holds annual awards where it recognizes the best banks and finance providers in Europe, the Middle East, and Africa.
The Europe Banking Awards, organized by EMEA Finance, stand as a pinnacle of excellence within the banking industry. Now in its fifteenth edition, these prestigious awards honor financial institutions that exhibit exceptional performance, innovation, and leadership across various categories. Maib's consecutive win in the Best Bank in Moldova category reaffirms our position as an eminent banking institution, setting new standards of excellence and customer-centricity.
In today's rapidly evolving financial landscape, embracing innovation and digital transformation is vital. Maib has consistently invested in cutting-edge technologies and digital platforms to ensure our customers benefit from secure, convenient, and accessible banking experiences. Maib's sustained success is also attributed to our strong collaborations and partnerships with various stakeholders, including governmental bodies, regulators, and industry experts. Through active engagement with the community and participation in initiatives that promote economic growth, financial literacy, and social responsibility, maib strives to make a positive impact that extends beyond traditional banking services.
Giorgi Shagidze, maib CEO:
“We are very honored to be awarded the title of Best Bank in Moldova by EMEA Finance. This recognition reflects our continuous efforts in providing an exceptional experience for our clients. Throughout the 2022, which was a challenging year for the Moldovan banking sector, we remained a trusted and reliable partner, always acting in the best interests of our clients. This achievement confirms the soundness of our strategic direction, the high quality of our product and service portfolio, and the commitment and professionalism of our maib employees.”
Moving forward, maib will continue to drive innovation, provide exceptional financial solutions, and contribute to the growth and development of the banking sector in Moldova.
About maib
Maib is the largest bank in Moldova, with a share of 31.9% of deposits and 37.0% of loans of the entire banking system at the end of Q1 2023. Maib is a disciplined lender with NPL ratio of 2.3% and is well capitalised with CAR of 21.8% as of 31 March 2023. The Bank is of systemic importance and serves almost a third of the country's population. Since 2018, maib's largest shareholder is a consortium, which includes the European Bank for Reconstruction and Development (EBRD), Invalda INVL, a leading asset management group in the Baltic States and Horizon Capital, a private investment fund focused on emerging markets.
