Maib named Best Bank in Moldova 2023 by Euromoney
Maib has been named the Best Bank in Moldova at the Euromoney Awards 2023. This prestigious award underlines maib’s leading position in the Moldovan banking system, as measured by market share, profitability and growth, as well as maib’s continued investments in customer service and innovation. Euromoney Best Bank Award is based on multiple factors assessed via performance data, surveys, and banking expert views. Euromoney’s annual awards programme, which was established in 1992, attracts over 2,000 submissions from more than 500 of the world’s leading banks in 113 countries and recognizes excellence across global, regional and individual country categories.
Giorgi Shagidze, maib CEO:
"We are very proud to receive this important recognition, and I want to thank Euromoney for acknowledging our efforts in the past year. This prestigious award reflects our hard work and the progress we are making in delivering the best banking experience to our clients. We are also leading the way in setting high standards for corporate governance, quality, and innovation. We will build on this success and continue to bring the best practices in banking to Moldova. I want to express my gratitude to the entire maib team, our clients, and shareholders for their outstanding support."
As the Best Bank in Moldova, maib remains committed to delivering personalized financial solutions, fostering digital innovation, and supporting economic growth in the country. The bank's customer-centric approach, coupled with its strong corporate values and unwavering commitment to excellence, will continue to solidify its position as a leading financial institution in the region.
Maib has long been recognized as a leader in the Moldovan banking sector, with a strong track record of driving innovation and embracing cutting-edge technologies.
Maib has a wide number of awards in its track record by which it is recognized as a leader in the Moldovan banking sector. In 2023, maib was appreciated internationally, obtaining the trophies of "The Best Bank in Moldova" from Global Finance and "The Best Bank in Moldova" in the opinion of EMEA Finance.
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.
