Maib, Moldova’s largest commercial bank — one of whose shareholders is Invalda INVL, the leading asset management group in the Baltics — earned MDL 1.38 billion (EUR 70.4 million) in unaudited net profit during the first nine months of this year, up 25.6% compared with the same period last year.
“During the first nine months of the year, maib continued to grow successfully, with steadily increasing loan and deposit portfolios reflecting strong client confidence. The bank is actively investing in further growth — it has launched online business lending and joined the Single Euro Payments Area (SEPA),” said Vytautas Plunksnis, Chairman of the Supervisory Board at maib and Head of Private Equity at INVL Asset Management.
For January–September, the bank’s net interest income reached MDL 2.2 billion (EUR 113.8 million), up 31.7% compared with the same period in 2024. Net fee and commission income stays flat, to MDL 399 million (EUR 20.4 million), while other income increased by 22.2% to MDL 678 million (EUR 34.7 million).
As of the end of September 2025, the bank’s loan portfolio stood at MDL 36.6 billion (EUR 1.87 billion), up 32.3% year-on-year. Loans to businesses grew by 22.9% year-on-year, while the retail loan portfolio expanded by 47.2%.
Customer deposits reached MDL 48.7 billion (EUR 2.5 billion) as of the end of September 2025, rising by 9.6% year-on-year.
As of September 2025, maib’s total assets amounted to MDL 64 billion (EUR 3.3 billion), 9.7% higher than a year earlier, its capital adequacy ratio stood at 20.7%, and its liquidity coverage ratio was 284.4%. The bank’s trailing 12-month return on equity (ROE) at the end of September was 20.3%.
Last year, maib earned MDL 1.41 billion (EUR 73.4 million) in audited net profit — 15.5% higher than in 2023.
About maib
Maib is the largest bank in Moldova. As of 30 September 2025, it accounted for 35.3% of the country’s bank assets market and 37.7% of loans. The bank serves more than a third of the people in Moldova and is one of the country’s largest employers. In 2024, for the sixth consecutive year, The Banker – a magazine published by The Financial Times – named maib the best bank in Moldova and Global Finance named maib the best sustainable bank in the country.
Since 2018, maib’s largest shareholder is a consortium of investors consisting of the European Bank for Reconstruction and Development, Invalda INVL – the leading Baltic asset management group, and Horizon Capital – a private equity fund manager focused on emerging Europe.
About Invalda INVL Group
Invalda INVL is the leading Baltic asset management group with a track record spanning over 30 years. The group’s companies manage or have under supervision more than EUR 2 billion of assets across multiple asset classes including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. The group’s scope of activities also includes family office services in Lithuania, Latvia and Estonia, management of pension funds in Latvia, and investments in global third-party funds.