Investor Relations Release, 16 October 2025

Maib is pleased to announce the signing of a new agreement with the European Bank for Reconstruction and Development (EBRD) under the Residential Green Economy Financing Facility (GEFF), aimed at boosting energy efficiency investments in Moldovan homes.

Under the agreement, maib will channel up to €15 million as part of the EBRD’s €40 million national GEFF programme designed to help households, housing associations and developers invest in sustainable technologies. Eligible projects include thermal insulation, efficient windows and doors, smart heating and cooling systems, domestic solar installations, and other high-performance green technologies.

“We are grateful for EBRD's support in bringing the new Green Economy Financing Facility (GEFF) in Moldova. This funding will help Moldovan businesses, housing associations and families save on utility bills by investing in energy-efficient technologies for home, such as insulation, energy efficient domestic appliances, smart heating and other. It will also go a long way in promoting the benefits for carbon footprint reducing investments including the long-term energy savings. By simplifying access to green finance, maib supports Moldovan businesses and households in reducing energy costs and emissions, while advancing our shared goal of a sustainable and modern economy aligned with European standards.” — says Giorgi Shagidze, CEO of maib.

Maib green lending

The new facility strengthens maib’s position as Moldova’s leading sustainable lender and builds on its expanding green portfolio. Maib already finances renewable energy, energy-efficient equipment, and green transport for SMEs and corporates under its dedicated green taxonomy. At the end of Q2 2025 maib’s green portfolio exceeded MDL 1.3 billion. Maib financed major renewable energy projects, including a 50 MW solar plant in Radeni launched earlier in 2025.  

Long-standing partnership with EBRD

This partnership marks another milestone in maib’s strategic cooperation with EBRD and reinforces the bank’s commitment to supporting Moldova’s transition to a modern, low-carbon economy. Disbursements under the new programme are expected to begin in 2026. Lending under Residential GEFF programme is one of many fruitful projects between maib and EBRD. Earlier in October maib and EBRD signed two agreements including a risk sharing agreement and EU4Business supported loan to fund SMEs in Moldova.

About maib

Maib is the largest bank in Moldova, with a share of 36.3% of deposits and 38% of loans of the entire banking system as of the end of Q2 2025. Maib is a disciplined lender with an NPL ratio of 1.1% and is well-capitalised with a CAR of 19.7% as of 30 June 2025. The Bank is of systemic importance to the country, serving nearly half of the population and is one of the largest private employers in Moldova, with a workforce of over 2,500 people. The Bank is committed to returning capital to shareholders, having paid out 45% of its 2024 profits in dividends (totalling nearly EUR 32 million). Since 2018, maib's largest shareholder has been a consortium that 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 brings cheaper cross-border payments in Euro to its customers as part of SEPA
• Modern stock exchange platform to be established in Moldova by Bucharest Stock Exchange with maib among the co-founders
• Strong loan growth and efficiency gains help maib ROE exceed 20% in Q2 2025

Upcoming investor events

• 6 November - 3Q and 9M 2025 Financial Results (TBC)

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.