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Global Finance names maib a leader in financial innovation in Central and Eastern Europe, recognizing its Bancassurance offering

Global Finance names maib a leader in financial innovation in Central and Eastern Europe, recognizing its Bancassurance offering

Maib has been recognized as one of the most innovative financial institutions in Central and Eastern Europe as part of the prestigious “The Innovators 2025” program, organized by the international publication Global Finance. The recognition was awarded for the bank’s Bancassurance project, developed in partnership with Donaris VIG of Vienna Insurance Group (VIG). This modern, digital solution seamlessly integrates banking and insurance services into a user-friendly financial ecosystem.

The award highlights maib’s achievements in digitizing financial services and underscores its commitment to delivering fast, fully digital, and comprehensive experiences to today’s customers. The Bancassurance offering includes:

  •      - Credit Protection Insurance (CPI): Covers loan installments in case of illness or job loss, protecting customers and their families from financial stress. The entire process, from loan agreement to compensation, is handled directly through the maibank app.
  •      - RCA and Green Card Insurance: Can be purchased directly in maibank for personal or other vehicles.
  •      - Travel Insurance: Easily purchased via the maibank app.

These solutions were designed to enhance customer protection and provide convenience wherever and whenever insurance needs arise.

Giorgi Shagidze, CEO of maib, stated:
“We are honored to receive this prestigious international award, which reaffirms our strong commitment to innovation and digital transformation. Global Finance’s recognition of our Bancassurance solution, particularly at the regional level, reflects our vision of building an integrated financial ecosystem where banking and insurance services naturally complement each other. In partnership with Donaris VIG, we have simplified complex processes, provided smart financial protection, and brought technology closer to our customers. We extend our gratitude to the Global Finance experts for this recognition, to our partners at Donaris VIG for the innovative work we are achieving together in Moldova, and to the maib team for their continuous dedication to innovation, customer focus, and outstanding service.”
The project was made possible through the collaboration with Donaris VIG, which brings Vienna Insurance Group’s international expertise in insurance digitalization to Moldova.

Andrei Plămădeală, Chief Financial Officer and Board Member at Donaris VIG, added:
“We are proud to be maib’s partner in a strategic collaboration that reflects our shared commitment to innovation, digitalization, and excellence in customer service. As part of Vienna Insurance Group, Donaris VIG has access to best international practices in the insurance sector, which we continuously adapt to meet the needs of customers in Moldova.
VIG’s strong expertise, combined with maib’s innovative spirit, is actively contributing to the transformation and modernization of the local financial market. Through Donaris VIG, customers choose trust, transparency, and easy access to high-quality services. We aim to always stay close to their needs, offering efficient and relevant solutions tailored to local realities.”

This year, Global Finance spotlighted organizations that are revolutionizing the financial industry with digital solutions, real-time payments, blockchain technologies, and AI applications. The selections were made by the publication’s editorial board in consultation with specialized journalists and based on official submissions.
The full “The Innovators 2025” report will be published in the June edition of Global Finance magazine, available both in print and online at GFMag.com.
Earlier this year, Global Finance also named maib Best Bank in Moldova 2025 and Best Bank for Sustainable Finance.
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