B.C. Moldova Agroindbank SA
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B.C. Moldova Agroindbank SA - overview
Established
1991
Location
Chisinau, -, Moldova
Primary Industry
Insurance
About
B. C. Moldova Agroindbank SA is a primary banking institution in Moldova, focusing on delivering a wide range of financial products and services to individual and corporate clients, enhancing the local banking landscape. B.
C. Moldova Agroindbank SA, established in 1991 and headquartered in Chisinau, Moldova, operates as a prominent bank offering varied financial services. The bank does not have known pivots or subsidiaries. Giorgi Shagidze serves as the CEO.
In June 2018, the European Bank for Reconstruction and Development, Horizon Capital, and Invalda Private Equity acquired a 48. 37 percent minority stake in the bank for EUR 23 million, completing the transaction in October 2018. The most recent deal was recorded on June 22, 2018, and the total amount raised by the bank stands at EUR 23 million. maib (Moldova Agroindbank) provides an extensive selection of financial services including consumer loans, mortgage loans, and business financing options, alongside digital banking through the maibank mobile application.
The services cater to both individual customers, like those receiving salaries or pensions on maib-issued cards, and businesses seeking comprehensive banking solutions. maib's offerings are designed to facilitate quick transactions and competitive rates, ensuring accessibility for both urban and rural customers. In 2022, B. C.
Moldova Agroindbank SA reported a revenue of EUR 162,717,995. 90 and an EBITDA of EUR 98,154,342. 70. The bank's financial performance is supported by various banking operations, including interest income from loans and commissions from services such as international money transfers and online payments.
B. C. Moldova Agroindbank SA aims to advance its market position by launching new financial products and expanding its services into targeted geographic regions. The recent funding of EUR 23 million will support these initiatives, focusing on improving digital banking capabilities and customer service enhancements.
The bank's strategic vision includes exploring additional markets to broaden its client base and increase accessibility by 2025.
Current Investors
European Bank for Reconstruction and Development, Horizon Capital, Invalda Private Capital
Primary Industry
Insurance
Sub Industries
Personal Insurance
Website
www.maib.md
Verticals
FinTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
B.C. Moldova Agroindbank SA - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | B.C. Moldova Agroindbank SA | - | ||||||||
| Unspecified Exit | Completed | B.C. Moldova Agroindbank SA | - | ||||||||
| Buyout | Completed | B.C. Moldova Agroindbank SA | - |
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