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Maib
maib (BC „Moldova Agroindbank” S.A.) is Moldova’s largest commercial bank and lender. Background MAIB started operations in 1991 as a joint-stock company by taking over assets and clients from the Soviet-era Agroprom Bank. Today MAIB is the country's largest commercial bank in terms of both total assets and total equity and is regarded as a well-managed and profitable organisation. MAIB maintains one of the largest domestic branch networks, comprising 70 branches throughout the country, covering every major population centre. The European Bank for Reconstruction and Development (EBRD) and MAIB have developed a close cooperation since 1994 under SME (small and medium-sized enterprises) and micro-lending credit lines. The Bank has a total commitment to MAIB of ECU 149 million, of which ECU 30 million is in the financial Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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Chișinău
Chișinău ( , , ), also known as Kishinev (russian: Кишинёв, r=Kishinjóv ), is the Capital city, capital and largest city of the Republic of Moldova. The city is Moldova's main industrial and commercial center, and is located in the middle of the country, on the river Bîc River, Bâc, a tributary of the Dniester. According to the results of the 2014 Moldovan census, 2014 census, the city proper had a population of 532,513, while the population of the Municipality of Chișinău (which includes the city itself and other nearby communities) was 700,000. Chișinău is the most economically prosperous locality in Moldova and its largest transportation hub. Nearly a third of Moldova's population lives in the metro area. Etymology The origin of the city's name is unclear. A theory suggests that the name may come from the archaism, archaic Romanian word ''chișla'' (meaning "spring", "source of water") and ''nouă'' ("new"), because it was built around a small spring, at the ...
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Republic Of Moldova
A republic () is a "state in which power rests with the people or their representatives; specifically a state without a monarchy" and also a "government, or system of government, of such a state." Previously, especially in the 17th and 18th centuries, the term was used to imply a state with a democratic or representative constitution (constitutional republic), but more recently it has also been used of autocratic or dictatorial states not ruled by a monarch. It is now chiefly used to denote any non-monarchical state headed by an elected or appointed president. , 159 of the world's 206 sovereign states use the word "republic" as part of their official names. Not all of these are republics in the sense of having elected governments, nor is the word "republic" used in the names of all states with elected governments. The word ''republic'' comes from the Latin term ''res publica'', which literally means "public thing", "public matter", or "public affair" and was used to refer t ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Investment Bank
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect ...
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Private Bank
Private banks are banks owned by either the individual or a general Partner (business rank), partner(s) with limited partner(s). Private banks are not incorporation (business), incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. These banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes#The Revocation of the Edict of Nantes, Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672. Notable private banks This list contains two types of banks: * Unincorporated banks owned by either an individual or a general partner(s) with limited partner(s). * Incorporated banks specialized in wealth management for high-net-worth individuals. China *Bank of Communications, founded in 1908 *China Merchants Bank France * Compagnie Fin ...
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Asset Management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. IS ...
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Moldova
Moldova ( , ; ), officially the Republic of Moldova ( ro, Republica Moldova), is a Landlocked country, landlocked country in Eastern Europe. It is bordered by Romania to the west and Ukraine to the north, east, and south. The List of states with limited recognition, unrecognised state of Transnistria lies across the Dniester river on the country's eastern border with Ukraine. Moldova's Capital city, capital and largest city is Chișinău. Most of Moldovan territory was a part of the Principality of Moldavia from the 14th century until 1812, when it was Treaty of Bucharest (1812), ceded to the Russian Empire by the Ottoman Empire (to which Moldavia was a Vassal state of the Ottoman Empire, vassal state) and became known as Bessarabia. In 1856, southern Bessarabia was returned to Moldavia, which three years later united with Wallachia to form United Principalities, Romania, but Russian rule was restored over the whole of the region in 1878. During the 1917 Russian Revolution, B ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government ...
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Assets
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: Tangible property, tangible assets and intangible assets. Tangible ...
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