The prestigious publication dedicated to the banking industry, the Banker, brought the Moldovan banking sector back to the ranking of the Best Banks after a break of over five years.
MAIB is the only bank in the country included in the international top of the most potent commercial banks this year, being designated "Bank of the year" 2019 in the Republic of Moldova.
The Banker's Board of jurors particularly appreciated that MAIB is "the pioneer of a positively evolving sector".
Also, MAIB's efforts to strengthen AML's anti-money laundering procedures by implementing an internationally recognized system were appreciated, thus positioning the bank as a market leader in AML and compliance aspects.
The award is also awarded as international recognition of MAIB's achievements in the direction of the bank's digital transformation. In the Banker's opinion, "the launch of the MAIBank mobile application is a remarkable achievement". Overall, the banker jurors have emphasized the digital transformation efforts of banks worldwide and how they adapt to the new technological era.
“The return of MAIB to the banker ranking is a success, primarily in the banking sector in the Republic of Moldova. Moldova Agroindbank is happy to bring back through the institutional performances registered the country's name in the top of the most competitive and powerful commercial banks at the international level.
This strengthens and reconfirms MAIB's position as a leading bank, with dynamic development, a market maker in the banking sector and a continuously growing evolution, with a customer-oriented strategy and a focus on digitalization," said Serghei Cebotari, Chairman of the Board of Moldova Agroindbank.
The "The Banker" award is the third prize obtained in 2019 by Moldova Agroindbank from an international publication, after claiming the rewards from the magazines "Global Finance" and "Global Banking & Finance Review", which reconfirmed the excellence and stability of MAIB.
This year, awards were given in 138 countries, including six regional honours and the prize for the best bank in the world and two awards for Community banking and social inclusion.