Annual Report 2010 - AmCham Moldova

Membership DirectoryA n n u a lR e p o r t2 0 1 0Moldova AgroindbankType: Financial InstitutionsTel: (+373 22) 222 770 / 216 685Fax: (+373 22) 208 058 / 242 781Email: aib@maib.mdAddress: 9, Cosmonautilor St, MD-2005, Chisinau, MoldovaWeb: www.maib.mdPresident: Natalia VrabieActivity: The Joint-Stock Commercial Bank Moldova Agroindbank started its activity on May 08, 1991. It is the leader in thebanking system of Moldova.Financial stability, capital adequacy and efficient corporate management have allowed the bank to achieve remarkableresults and create an excellent business reputation among its customers and partners.As a universal financial and banking institution, the bank provides an entire range of qualitative banking products andservices to individuals and legal entities.The year 2010 was marked by significant results and consolidation of its market position.The banks financial stability and successful development are confirmed by the balance sheet figures. Thus, the bank holds19.8% of total banking system assets, 21.3% of gross loans, 19.2% of total deposits, 22.0% of deposits of individuals.The bank’s net profit in 2010 amounted to 260 million MDL (NAS) showing an 2.5 fold increase compared to the previousyear and representing about 38% of net income registered by profitable banks of the local banking system.Moldova Agroindbank has close ties with a number of foreign partners and international financial institutions, throughwhich the bank access to external medium and long term credit lines, lending support to the national economy (IFC,EBRD, EFSE, RISP, IFAD, Black Sea Trade & Development Bank etc). The Bank has an extensive network of correspondentbanks abroad, 19 banks from 11 countries. On the local market Moldova Agroindbank has historical relations with a widenumber of exponential companies in key sectors of the local economy.Commercial trademark “Moldova Agroindbank” gained international dimension. MAIB is the first bank in Moldova, holderof the international registration certificate of the commercial trademark in the international register of World IntellectualProperty Organization.This achievement, along with the outstanding results of Moldova Agroindbank, confirm the efficiency of the policies adoptedand strategies promoted, focused on healthy, long-term and qualitative development of its business.NCH Advisors INCRepresentative Office in the Republic of MoldovaType: InvestmentTel: (+373 22) 234 771 / 243 111Fax: (+373 22) 234 771/ 243 681Email: info@nchadvisors.mdAddress: 63, Vlaicu Parcalab St, MD-2012, Chisinau, MoldovaWeb: http://www.nchadvisors.comHead of NCH Moldova: Victor PopusoiActivity: NCH in Moldova invests in the fields of finance, real estate, agribusiness. Central to our success has been a stablecapital base and local infrastructure, our unique research, monitoring and execution capabilities on the ground, our teamof highly-experienced locally-based professionals who have deep experience in evaluating and structuring complex investmenttransactions. Our firm has earned a reputation in its regional markets for moving quickly and closing on directinvestments and joint ventures, giving NCH “preferred partner” or “preferred buyer” status as counterparties seek tominimize execution risk.NefisType: Food/BeveragesTel: (+373 22) 543 676Fax: (+373 22) 275 660Email: nefis@nefis.mdAddress: 15, Calea Mosilor St, MD-2024, Chisinau, MoldovaWeb: www.nefis.mdCEO: B. Burcin KilicogluActivity: NEFIS is Moldova’s biggest biscuit, candy, wafer, and chocolate manufacturer, holding approximately 70% ofMoldova’s biscuit market with 450 employees. The company was founded in 1997 in the Floresti city.More than 100 different kinds of products are distributed throughout Moldova by our own distributing company which islocated in the capital city Chisinau and exported to more than dozen countries including USA, Germany, Russia, Slovakia,Estonia, Latvia, Letonia, Georgia, Australia, South Africa, Israel, Liberia, Sierra Leone, Romania, Czech Republic, Belarus,Kosovo, Bosnia, etc..A publication of the American Chamber of Commerce in Moldova59