Finances

MOBIASBANCA - OTP GROUP CELEBRATES 30TH ANNIVERSARY

03 july, 2020

Laszlo Diosi, Chairperson of the Mobiabanca Executive Committee said that the main milestones in the bank’s 30-year-old history are “customer trust” and “team loyalty”.

The Banker said at a press conference that Mobiasbanca-OTP Group celebrates 30th anniversary as one of the four largest banks of Moldova, serving 160 thousand clients and having 53 branches. The Bank employs 800 employees.

The Bank’s successful story began in 1990, when 20 enterprises in the field of woodworking and furniture production joined forces and created their own independent bank. In 2007, the financial group Societe Generale (France) bought the bank’s controlling stock and then developed and capitalized the bank, placing it in the first group of the four strongest banks in the country.

In 2019, Mobiasbanca was acquired from a French investor by a classic investor from Hungary – OTP financial group, which has banks in Central and Eastern Europe.

Laszlo Diosi added that the investor is ready to develop the bank with the help of innovations and modern IT technologies. The amount of investments designed for two years makes up 20 million euros, with the help of which the shareholder will modernize the Bank.

Mobiasbanca has assets that exceed 12 billion lei. Its capital reached 1.95 billion lei. The Bank’s deposit portfolio exceeds 9 billion lei, including 3 billion lei deposits of the population. The Bank’s loan portfolio is approaching 7 billion lei.

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