Moldindconbank S.A. continues to report strong results
Doverie – obedinen holding JSC announces that of the end of August 2020 the subsidiary B.C. Moldindconbank S.A. has demonstrated strong financial results.
The operating profit of the bank reached to BGN 43.8 million, and the net profit increased by 20% on a monthly basis to BGN 26 million.
The total operating income reach nearly BGN 70 million, as the growth compared to the same period of the previous year with 3%.
Assets increased to BGN 1,972 million, which is 10% more than at the beginning of the year. The bank consolidates second position in the banking system of Moldova with a market share of 20.56%, again being a leader in bank card operations.
Generally MICB achieves the goals set in the business plan and manages in a very good way in the current macroeconomic situation caused by the impact of COVID-19.