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Profitable start to 2023 for maib

Maib, the largest bank in Moldova, reports solid performance, achieving growth in the first quarter of 2023 amid a challenging economic and geopolitical environment. Net profit in Q1 2023 reached MDL 341 million, equivalent to EUR 16.9 million (average exchange rate Q1 2023: MDL/EUR 20.12), a 26% increase compared to the same period of 2022. Return on equity (ROE) reached 19.9%, driven by improvements in operational efficiency and asset ...

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