About the Bank
Chairman of the Board of Directors
Finance and Trade Bank FinComBank JSC (FinComBank) is one of the leading universal banks of the Republic of Moldova. FinComBank provides a wide range of corporate and investment banking services to Moldovan and foreign clients. Its client base is comprised of representatives from all major sectors of the economy, with the vast majority possessing excellent international export experience.
FinComBank’s 15 branches and 29 agencies are located all over the Republic.
As of December 31, 2010 the Bank's total assets amounted to MDL 1.63 bln., loans – MDL 907.3 mil., deposits - MDL 958.7 mil., and authorized capital - MDL 242.0 mil.
FinComBank> was established in July 1993 as a joint-stock company. The Bank holds license No. 004460 issued by the National Bank of Moldova.
At present, the Bank has 135 shareholders, 609 employees, and over 91.0 thousand clients.
FinComBank has always been a pioneer in introducing new products and services. In 1995 it became the first bank in Moldova to offer services related to VISA, Diners Club and Europay International credit cards. In 2000 it became a principal member of Europay International and in 2001 an associated member of VISA International. In summer of 2005 FinComBank introduced FinComPay online system which allows making payments for utilities trough Internet with banking cards (www.fincompay.com).
Today FinComBank also cooperates with international payment systems WESTERN UNION, Anelik, Bystraia Pochta, Contact, Zolotaya Korona and Unistream.
As result of its financial strength and stability, FinComBank has established and maintained fruitful and effective cooperation with the World Bank, EFSE (European Fund for Southeast Europe), and OPIC(Overseas Private Investment Corporation (OPIC)), FinComBank is a member of Rural Finance and Small Enterprises Development program sponsored by International Fund of Agriculture Development (IFAD) and Rural Investment Services Program (RISP).
In August 2007 widely well-known venture Western NIS Enterprises Fund (WNISEF) became one of the major shareholders of FinComBank after purchase of 25 percent of the bank’s shares.
The Bank is one of the founders of the Banking Association of Moldova and the Moldovan Stock Exchange and a member of the American Chamber of Commerce in Moldova (AmCham).
The Bank’s Strategy and Policy
Our strategy consists in establishing mutually beneficial partnership with the clients by granting them highly professional banking services that correspond to their entrepreneurial, investment and consumer needs, as well as achievement of maximal profitability and high reliability of the Bank.
Our mission is to be at the forefront of technology and product innovation to serve the Moldovan community in providing top quality banking services in order to grow as a successful universal bank, well recognized for its professionalism by its customers, its staff and stakeholders.
Our policy is the first class service, confidentiality, individual approach, and observance of conservative bank principles in a combination with innovation. While making decisions we are always guided by two main criteria - stability and safety.