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Maib Q3 2026 growth continues; NBM raises rates as inflation bites – Investor Relations

Maib Q3 2026 growth continues; NBM raises rates as inflation bites

06 Nov, 2026

Investor relations release - 6 November 2026
 

Maib 9 month 2026 results: profits up on higher net interest income and loan growth; NBM raises rate further as inflation bites. Bank profit tax set at 18% for 2027

 

Bank performance highlights:

  • Net profit was MDL 617.5 million in 3Q 2026, up 8.6% QoQ and 12.7% YoY, and MDL 1,645.1 million in 9M 2026, up 19.6% YoY. The increase came mainly from higher net interest income and net foreign exchange gains. 3Q ROE was 23.8% and the cost-to-income ratio was 41.9%.
  • Gross loans reached MDL 45.3 billion (EUR 2.2 billion), up 5.3% QoQ and 23.7% YoY, led by retail mortgages. Deposits grew 14.4% YoY to MDL 55.8 billion, and the loan-to-deposit ratio rose to 78.7%.
  • NPL ratio was 0.9%, unchanged QoQ (2Q revised from 0.7%) and 0.1 pp lower YoY. Cost of risk rose to 0.4% from 0.2% in 2Q, when the new risk model led to a one-off release of provisions.
  • CAR was 22.8% and Tier 1 20.2%, against minimums of 18.4% and 15.5%. LCR reached 346.9% and NSFR was 166.8%.

Country and macro highlights:

  • Inflation rose to 8.6% in September from 6.5% in June, driven by higher regulated energy prices. The NBM continued to raise the base rate, to 11% on 5 November.0% (+6.0 pp since January), and expects inflation to peak at 9.2% in 4Q 2026.
  • GDP grew 0.9% YoY in 2Q 2026 (0.6% in H1). Forecasts for 2026 range from 1.5% to 2.8%, and the IMF cut its 2027 forecast to 2.3%.
  • 2027 fiscal policy, adopted in October, sets a temporary 18% profit tax for financial institutions in 2027 (12% standard), estimated to raise about MDL 600 million. Dividend withholding tax rises to 8% from 6%.
  • EU accession: Moldova opened two more negotiating clusters in October. Four of six are now open, with all six targeted by end-2026.

Maib strategy and operations:

  • Maib will apply to list its shares and bonds on BIMx, as the new stock exchange starts operating.
  • Maibank passed one million users
  • In October maib launched trading in US shares and ETFs in the app for premium clients.

 

*All figures herein refer to maib group unless noted otherwise

 

Detailed financial results (report and presentation) can be found in the Results Center section of Investor Relations website (LINK).

 

Permanent Download Links:

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Conference Call 

Maib will hold conference call covering 3Q&9mo 2026 results on Friday, 6 November at 15:00, Chisinau time via zoom. 

To access the call please use the  following link 

Please submit your questions via chat or via email at evgenii.risovich@maib.md.

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Recent investor relations releases

Upcoming investor events

  • 6 November - 3Q&9mo 2026 results call
  • 12 January 2027 - CEE Forum Vienna

Contact investor relations

Maib Investor Relations
Evgenii Risovich
Phone: +37368403477
E-mail: Evgenii.Risovich@maib.md

 

For further enquiries, please contact: IR@maib.md or by phone at +373 68 403 477 or visit our website ir.maib.md.