Moldindconbank
Founded
1991
Headquarters
Chișinău, Moldova
Ticker
n/a
Sector
Banking
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
Moldindconbank was established in 1991 from the Moldovan branch of the Soviet industrial-construction bank. It was one of the banks affected by the opaque ownership struggles of the 2010s, before regulators forced changes to its shareholding and its control passed to new investors.
Business model
The bank provides retail and corporate banking, lending to businesses and households, and payment services through a nationwide branch network.
Market position
Moldindconbank is one of Moldova's three largest banks.
Country impact
Its ownership changes were part of the broader effort by Moldova's central bank to clean up a banking sector that had been used for money laundering and fraud, a process that underpinned the country's later progress toward EU membership.