Maib net profit reaches EUR 51.1 million in the first half of the year
Maib, the largest commercial bank in Moldova, in which the leading Baltic asset management group Invalda INVL is one of the shareholders, reported unaudited net profit of MDL 1,027.7 million (EUR 51.1 million) for the first half of this year, up 24.1% compared to the first half of last year.
“These results reflect our customers’ growing confidence in the bank and our ability to meet the financial needs of both individuals and businesses. By expanding our loan and deposit portfolios, we are contributing to broader access to financing across the country and supporting sustainable economic growth. Being recognized internationally as the Best Bank in Moldova motivates us to continue investing consistently in the quality of customer service and in the long-term value we create for our clients,” says Vytautas Plunksnis, Chairman of the Supervisory Board of maib and Head of Private Equity at INVL Asset Management.
During the January–June period, the bank’s net interest income reached MDL 1.7 billion (EUR 84 million), an increase of 18.4% compared to the first half of 2025. Net fee and commission income declined by 7% year-on-year to MDL 237 million (EUR 11.8 million), while other income decreased by 3.5% to MDL 420.6 million (EUR 20.9 million).
At the end of June, the bank’s loan portfolio amounted to MDL 43 billion (EUR 2.1 billion), representing a 22.7% increase compared to a year earlier. Business lending grew by 16.6% year-on-year, while the retail loan portfolio expanded by 31.4%.
At the end of the first half of the year, maib’s customer deposits totaled MDL 54.9 billion (EUR 2.7 billion), up by 13.6% compared to the same period last year. Deposits from corporate clients increased by 1%, small and medium-sized enterprises by 10.7%, and retail customers by 19.1%.
The bank’s return on equity (ROE) for the first half of the year stood at 21%, compared with 20.4% a year earlier.
As of the end of June 2026, maib’s total assets amounted to MDL 73.1 billion (EUR 3.6 billion), an increase of 16% year-on-year. The bank’s capital adequacy ratio stood at 22.1%, while its liquidity ratio reached 247.1%.
In July this year, maib was named Best Bank and Best Retail Bank in Moldova at the prestigious Euromoney Awards for Excellence 2026. This marks the third time that Euromoney has recognised maib as the country’s Best Bank.
Last month, investor and entrepreneur Vasile Tofan stepped down from maib’s Supervisory Board after being appointed Prime Minister of Moldova. His nomination was proposed by President Maia Sandu and approved by the governing Party of Action and Solidarity. The maib Supervisory Board, chaired by Vytautas Plunksnis, consists of seven members.
Last year, maib reported audited net profit of MDL 1.99 billion (EUR 101.8 million), an increase of 41% compared to 2024.
About maib
Maib is the largest bank in Moldova. As of 30 June 2026, it held a 37.5% of the country’s loan market and 36% share of the deposit market. The bank serves more than a third of the Moldovan population and is one of the country’s largest employers. In 2025, for the seventh consecutive year, The Banker – a magazine published by The Financial Times – named maib the best bank in Moldova and Global Finance named maib the best sustainable bank in the country.
Since 2018, maib’s largest shareholder has been a consortium of investors consisting of the European Bank for Reconstruction and Development, Invalda INVL – the leading Baltic asset management group, and Horizon Capital – a private equity fund manager focused on emerging Europe.
About Invalda INVL Group
Invalda INVL is the leading Baltic asset management group with a track record spanning over 30 years. In all it does, the group takes an open approach, grows and develops, and creates well-being for people. The group’s companies manage or have under supervision EUR 2.1 billion of assets, including investments in private equity, forests and agricultural land, renewable energy, real estate and private debt. The group’s activities also include family office services in Lithuania, Latvia and Estonia, management of pension funds in Latvia, and investments in global third-party funds.
