Moldindconbank with sound results during the crisis
Doverie – obedinen holding JSC announces that for the first 7 months of 2020 the subsidiary B.C. Moldindconbank S.A. has demonstrated a positive dynamic of its financial indicators and the levels of profit, namely:
- the Net Profit of the Bank as at the end of July amounts to BGN 21 million;
- the Income meets the expectations and despite the macro-economic crisis caused by COVID 19, C. Moldindconbank S.A. has realized 4% growth in its total income;
- C. Moldindconbank S.A. holds second place as to total of the Assets, which have increased with 11% on annual basis, reaching BGN 1 911 million. The Market Share of the Bank in Moldova is close to 20%;
- C. Moldindconbank S.A. holds first place in Moldova at the card payments market, with market share close to 40%;
- The credit portfolio of the Bank shows improvement following 2019. The share of the non-performing loans is under 10% from the total portfolio of the Bank.
A detailed chart with the indicators of the bank, prepared by the financial team of Doverie, can be found on the link below: