Maib leadership convenes at an executive workshop in Amsterdam as the bank prepares to unveil its new medium-term strategy and objectives
Maib, recently conducted a strategy refreshment session in Amsterdam, bringing together its top and middle management. The offsite included various sessions led by a top strategy consultant, alongside discussions with leading global banks and fintechs. The three-day program focused on the latest developments in the banking industry, covering key areas such as retail and corporate banking, the opportunities and threats posed by neobanking, and the future of digital ecosystems. Special attention was given to the application of AI and digital solutions, reflecting maib’s commitment to enhancing its digital frontier, particularly through its mobile banking solutions, maibank and maib business.
Last iteration of the offsite
This strategic session marks the continuation of a similar event held two years ago in October 2022, when maib's management team gathered in Amsterdam for an in-depth review of its business strategy. During that session, the focus was on emerging global banking trends, benchmarking maib's performance against international peers, and fostering continuous learning for its leadership team.
Focus on AI and Digital Transformation
This year’s program delved deeply into AI use cases within banking, exploring how generative AI can transform customer engagement, streamline corporate banking processes, and improve data governance. Another key area of focus was the expansion of digital banking services through innovative ecosystems and partnerships. These strategic insights will help maib strengthen its position as a digital leader in the Moldovan market and beyond, laying out a clear roadmap for growth over the next three years.
Giorgi Shagidze, maib CEO, commented:
"The recent strategy session in Amsterdam was a pivotal moment for maib. It allowed our leadership team to engage directly with some of the brightest minds in the banking and fintech sectors, equipping us with fresh perspectives on the future of digital banking. Our focus on AI and innovative digital solutions will play a crucial role in shaping the bank’s next chapter. I am confident that the insights gained from this session will empower us to continue advancing maib’s digital transformation and strengthen our competitive edge."
About maib
Maib is the largest bank in Moldova, with a share of 36.1% of deposits and 38.0% of loans of the entire banking system at the end of 2Q 2024. Maib is a disciplined lender with NPL ratio of 1.9% and is well capitalised with CAR of 22.2% as of 30 June 2024. The Bank is of systemic importance to the country, it serves almost a third of the population and is one of the largest private employers in Moldova, with a workforce of over 2,400 people. 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.
