Moldovan Banks Study cases Moldova Agroind Bank By Max Moraru, Academy of Economic Studies of Moldova October 2009 Professor: Munca Daniela, PhD Department of Modern Languages

Moldova Agroind Bank

By Max Moraru,

Academy of Economic Studies of Moldova

October 2009

Professor: Munca Daniela, PhD

Department of Modern Languages

The selections were maid for 22 countries applying the following approach: growth in assets , profitability , quality of services offered to clients , competitiveness of pricing , launching of new products .

The selections were maid for 22 countries applying the following approach: growth in assets , profitability , quality of services offered to clients , competitiveness of pricing , launching of new products .

the fifth award adjudged to the bank by journal “ EUROMONEY ” since 2000 To recognize institutions that demonstrate leadership , innovation , and momentum in the markets in which they excel “ EUROMONEY ” journal - a leading publication for the global banking and capital markets with 30 years work experience .

the fifth award adjudged to the bank by journal “ EUROMONEY ” since 2000

To recognize institutions that demonstrate leadership , innovation , and momentum in the markets in which they excel

“ EUROMONEY ” journal - a leading publication for the global banking and capital markets with 30 years work experience .

MAIB is the largest commercial bank of Moldova ; MAIB has one of the largest branch network in the country; The Companies have the opportunity to operate online the accounts through the e-Bank service and Internet-Banking .

MAIB is the largest commercial bank of Moldova ;

MAIB has one of the largest branch network in the country;

The Companies have the opportunity to operate online the accounts through the e-Bank service and Internet-Banking .

World Finance's panel of judges which included a host of respected financial people who are at very top of their profession recently announced MOLDOVA AGROINDBANK as the winner of the award 'Moldova's Most Sustainable Bank 2008' . Some of the more important selection criteria were as follows: Innovation and originality Project management ability Keeping ahead of the competition Market leadership and geographic spread Proof of development and continued progression Positive media coverage Level of transparency and good governance

World Finance's panel of judges which included a host of respected financial people who are at very top of their profession recently announced MOLDOVA AGROINDBANK as the winner of the award 'Moldova's Most Sustainable Bank 2008' . Some of the more important selection criteria were as follows:

Innovation and originality

Project management ability

Keeping ahead of the competition

Market leadership and geographic spread

Proof of development and continued progression

Positive media coverage

Level of transparency and good governance

CB Moldova-Agroindbank SA performs payments in local currency - funds transfers through internal bank system or Automated Interbank Payment System (AIPS). - the same working day - The term of validity of the payment order - 1 day - urgent payments, internal payments - in less than 1 hour - - interbank payments – in less than 3 hours. Standing Order - to make regular payments to one or more beneficiaries Direct Debit - to reduce time and costs for payments of bills for services rendered by various companies the customer can conclude an agreement for by which bank will pay bills automatically from customer account.

CB Moldova-Agroindbank SA performs payments in local currency - funds transfers through internal bank system or Automated Interbank Payment System (AIPS). - the same working day

- The term of validity of the payment order - 1 day

- urgent payments, internal payments - in less than 1 hour - - interbank payments – in less than 3 hours.

Standing Order - to make regular payments to one or more beneficiaries

Direct Debit - to reduce time and costs for payments of bills for services rendered by various companies

the customer can conclude an agreement for by which bank will pay bills automatically from customer account.

By bank product Salary Project , the company may delegate to the bank the paying of salaries to company employees through bank cards . To reduce the labor remuneration expenses and the time for paying salaries, the company may sign a Salary Project agreement and delegate to the bank the distribution of salaries to card or deposit accounts of employees . The cards holders can benefit from additional bank services with facilities on commissions or in obtaining of loans .

By bank product Salary Project , the company may delegate to the bank the paying of salaries to company employees through bank cards . To reduce the labor remuneration expenses and the time for paying salaries, the company may sign a Salary Project agreement and delegate to the bank the distribution of salaries to card or deposit accounts of employees . The cards holders can benefit from additional bank services with facilities on commissions or in obtaining of loans .

reduces the risks related to cash storage and transportation; reduces expenses related to the procedure of paying salaries; employees can better manage their salaries and benefit from bank products (deposits, payments by card, loans, etc.).

reduces the risks related to cash storage and transportation;

reduces expenses related to the procedure of paying salaries;

employees can better manage their salaries and benefit from bank products (deposits, payments by card, loans, etc.).

Advantages of crediting 1. Operative, flexible crediting 2. Low interest rates - from MAIB resources - from 24% up to 25,5% in MDL and from 13,5% up to 15% in foreign currency (it depends on products conditions, client's category, crediting term etc) - from other international resources: from 8% up to 22,5% in MDL and from 10% up to 12,5% in foreign currency (it depends on products conditions, client's category, crediting term etc) 3. Fast official registration of papers 4. The credit experts will help you at the registration of necessary documents

Advantages of crediting

1. Operative, flexible crediting 2. Low interest rates - from MAIB resources - from 24% up to 25,5% in MDL and from 13,5% up to 15% in foreign currency (it depends on products conditions, client's category, crediting term etc) - from other international resources: from 8% up to 22,5% in MDL and from 10% up to 12,5% in foreign currency (it depends on products conditions, client's category, crediting term etc) 3. Fast official registration of papers 4. The credit experts will help you at the registration of necessary documents

Credits for working capital Credit line revolving Loans for investment purpose Loans for financing the leasing operations Real estate loan

Credits for working capital

Credit line revolving

Loans for investment purpose

Loans for financing the leasing operations

Real estate loan

Purpose: Financing the current activities The sum: Depending on needs of the enterprise; Term: Short-term – up to one year; Intermediate term - up to 3 years, depending on industrial technological process; Currency : MDL, USD, EUR.

Purpose: Financing the current activities The sum: Depending on needs of the enterprise; Term: Short-term – up to one year; Intermediate term - up to 3 years, depending on industrial technological process; Currency : MDL, USD, EUR.

Purpose: Updating the working capital of the enterprise with a changeable cycle of technological process that allows the client to use the additional sums in the periods of reduction of sales volume, repaying them during the increase of these volumes; Sum: according to calculations of needs for extra means; Term: up to 18 months; Currency: MDL, USD, EUR.

Purpose: Updating the working capital of the enterprise with a changeable cycle of technological process that allows the client to use the additional sums in the periods of reduction of sales volume, repaying them during the increase of these volumes; Sum: according to calculations of needs for extra means; Term: up to 18 months; Currency: MDL, USD, EUR.

Purpose : Financing of short-term obligations of the client, when charges temporarily exceed the income on the current account. Sum : 85% from the monthly average income. Term : Up to 1 year. Currency : MDL.

Purpose : Financing of short-term obligations of the client, when charges temporarily exceed the income on the current account. Sum : 85% from the monthly average income. Term : Up to 1 year. Currency : MDL.

Purpose : Financing of investment projects and programs on creation, modernization or expansion of the industrial capacities. Sum : usually 70-75% of the project cost. Term : usually up to 5 years. Depending on type of the project can exceed 5 years Currency : MDL, USD, EUR.

Purpose : Financing of investment projects and programs on creation, modernization or expansion of the industrial capacities. Sum : usually 70-75% of the project cost. Term : usually up to 5 years. Depending on type of the project can exceed 5 years Currency : MDL, USD, EUR.

Purpose : updating of means, for normal current activity of the leasing enterprise Sum : 85% from the cost of the purchased property (including VAT) Term : Minimum - 1 year. Maximum - 5 years. Currency : MDL, USD, EUR.

Purpose : updating of means, for normal current activity of the leasing enterprise Sum : 85% from the cost of the purchased property (including VAT) Term : Minimum - 1 year. Maximum - 5 years. Currency : MDL, USD, EUR.

Purpose : construction or purchase, reconstruction, major overhaul of residential buildings and accompanying real estate, with the purpose of reception of incomes of their sale The sum : up to 60 % from the total cost of the project - in case of construction with attraction of investors. up to 70 % from cost of the project - in case of construction without attraction of investors Term : up to 3 years. Currency : MDL, USD, EUR.

Purpose : construction or purchase, reconstruction, major overhaul of residential buildings and accompanying real estate, with the purpose of reception of incomes of their sale The sum : up to 60 % from the total cost of the project - in case of construction with attraction of investors. up to 70 % from cost of the project - in case of construction without attraction of investors Term : up to 3 years. Currency : MDL, USD, EUR.

Credits for working capital: Moldova Agroindbank supports the small enterprises in connection with: - Growth of activity when capital investments in fixed capital should correspond to additional investments in the working capital; - Changes of market condition to which the enterprise should react flexibly, increasing or reducing sales volumes that demands respective modification of the size of used working capital (operating cycles); - Seasonal fluctuations of needs for working capital, characteristic for some branches; - Market strategy of the enterprise.

Credits for working capital:

Moldova Agroindbank supports the small enterprises in connection with: - Growth of activity when capital investments in fixed capital should correspond to additional investments in the working capital; - Changes of market condition to which the enterprise should react flexibly, increasing or reducing sales volumes that demands respective modification of the size of used working capital (operating cycles); - Seasonal fluctuations of needs for working capital, characteristic for some branches; - Market strategy of the enterprise.

Credits for working capital Credits for investment projects Credits for new-created enterprises

Credits for working capital

Credits for investment projects

Credits for new-created enterprises

By using the card you can charge money received as salary, bonus, pension, social add, other income to your account or negotiate with payer the transfer of these funds in the card account, opened with the bank. After charging to the account you can operate safely with the money - to make cash withdrawals, to pay merchants for goods and provided services both in the country and abroad where the card brands are presented. Moldova-Agroindbank issues four types of international payment card

By using the card you can charge money received as salary, bonus, pension, social add, other income to your account or negotiate with payer the transfer of these funds in the card account, opened with the bank.

After charging to the account you can operate safely with the money - to make cash withdrawals, to pay merchants for goods and provided services both in the country and abroad where the card brands are presented.

Moldova-Agroindbank issues four types of international payment card

The bank effects foreign exchange transactions via transfer and cash with the wide range of foreign currencies at a competitive exchange rate of the currency market without commission charged. Permanent clients of the bank are offered the possibility to enter into and negotiate foreign exchange transactions directly with the dealer of the bank on the basis of a general contract.

The bank effects foreign exchange transactions via transfer and cash with the wide range of foreign currencies at a competitive exchange rate of the currency market without commission charged.

Permanent clients of the bank are offered the possibility to enter into and negotiate foreign exchange transactions directly with the dealer of the bank on the basis of a general contract.

The e-Bank service offered by Moldova Agroindbank grants access to the banks products and services non-stop . Using this system our clients can electronically send and execute: · payment orders in MDL (including treasury payments); · requests to buy/sell foreign currency, requests to draw cash. · request information about the state of the clients bank accounts, currency exchange rates, interest rates , and other financial information that will help clients to manage funds properly.

The e-Bank service offered by Moldova Agroindbank grants access to the banks products and services non-stop . Using this system our clients can electronically send and execute: · payment orders in MDL (including treasury payments); · requests to buy/sell foreign currency, requests to draw cash. · request information about the state of the clients bank accounts, currency exchange rates, interest rates , and other financial information that will help clients to manage funds properly.

Ausria Belgium Germany Romania USA Ukraine Russia Belarus Italy Great Britain

Ausria

Belgium

Germany

Romania

USA

Ukraine

Russia

Belarus

Italy

Great Britain

Broker services Broker company BC "Moldova-Agroindbank" SA offers: - Services on sale and purchase of corporate securities through Stock exchange of Moldova - REPO Operations with corporate securities - Informational support about the situation in the exchange market - Confidentiality and professionalism

Broker services

Broker company BC "Moldova-Agroindbank" SA offers: - Services on sale and purchase of corporate securities through Stock exchange of Moldova - REPO Operations with corporate securities - Informational support about the situation in the exchange market - Confidentiality and professionalism

Investment consulting: - detailed analysis about financial condition of emitters, the analysis of macroeconomic tendencies in various branches - information and consultations under transactions on the market of securities - consultations and support on the corporate operations connected with the processes of change of volume and structure of the authorized capital of the enterprises (release of securities, change of a face-value of securities) or reorganization of the enterprises (by merge, association or division); - consultations on optimum variants of attraction of financial resources, considering specificity of activity of the corresponding company

Investment consulting:

- detailed analysis about financial condition of emitters, the analysis of macroeconomic tendencies in various branches

- information and consultations under transactions on the market of securities - consultations and support on the corporate operations connected with the processes of change of volume and structure of the authorized capital of the enterprises (release of securities, change of a face-value of securities) or reorganization of the enterprises (by merge, association or division); - consultations on optimum variants of attraction of financial resources, considering specificity of activity of the corresponding company

financial tools: - the organization of release and accommodation of securities at the creation of the enterprises and to increase the authorized capital - the organization of release of corporate bonds, including • Development of optimum parameters of release • Development of prospectuses of the public offer • Support at the official registration of papers • Services of the agent of calculations

financial tools: - the organization of release and accommodation of securities at the creation of the enterprises and to increase the authorized capital - the organization of release of corporate bonds, including • Development of optimum parameters of release • Development of prospectuses of the public offer • Support at the official registration of papers • Services of the agent of calculations

Thank you!

Thank you!