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Moldova's leading bank welcomes international shareholders

Dec 01, 2018 - The Banker

The EBRD and the private equity firms AB Invalda INVL and Horizon Capital have recently acquired a 41.09 per cent stake in Moldova's largest commercial bank, BC Moldova Agroindbank SA (MAIB) in an auction held by Moldova's Public Property Agency. The partners paid 451.533 million Moldovan lei (equivalent to EUR23.031 million). MAIB holds about one third of the country's banking market. its assets amounted to 1.07 billion euro in late 2017, while its equity totalled 180 million euro.

The mo...