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.
Bancassurance
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
- RCA and Green Card Insurance: Can be purchased directly in maibank for personal or other vehicles.
- Travel Insurance: Easily purchased via the maibank
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.”
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.”
About Global Finance
Global Finance, founded in 1987, has a print run of 50,000 and readers in 193 countries. The Global Finance audience includes senior corporate and financial officers responsible for strategic and investment decision-making in multinational companies and financial institutions, making the magazine a leading publication in the world of finance.
About maib
Maib is the largest bank in Moldova, with a share of 35.7% of deposits and 37.9% of loans of the entire banking system at the end of 4Q 2024. Maib is a disciplined lender with NPL ratio of 1.7% and is well capitalised with CAR of 20.6% as of 31 December 2024. The Bank is of systemic importance to the country as it serves almost a third of the population and is the largest private employer 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.
Recent investor relations releases
- Maib publishes its 2024 Annual Report
- Best Bank in Moldova honors from Global Finance for maib
- Maib's new corporate bond programme of up to MDL 1.5 billion receives regulatory approval
Upcoming investor events
- 02 May - Sustainability report
- 06 May - 1Q 2025 Financial Results
Contact investor relations
Maib Investor Relations
Evgenii Risovich
Phone: +37368403477
E-mail: Evgenii.Risovich@maib.md
Press Contact
Daniela Șerban
Phone: +40742242662
E-mail: Dserban@vertikgroup.eu