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Moldova’s largest bank reports rising earnings as it prepares to list shares in Bucharest

May 20, 2024

Moldova's largest financial group, Moldova Agroind Bank (maib), which plans to list its shares at Bucharest Exchange, reported its net profit increased by 50% y/y to MDL 349 million (EUR 18.1 million) in Q1. 

The bank’s listing depends on legislative amendments in Moldova related to the mandatory disclosure of shareholders that turned particularly restrictive after the bank frauds that surfaced in 2015.

The bank's net interest income increased by 4.6% compared to the fourth...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/maib-rising-earnings-bucharest-listing-may-2024
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