Oleg Voronin, one of the founders of FinComBank SA, obtained the preliminary consent of the National Bank of Moldova for increasing his shareholding in the bank to 50%, IPN reports, quoting a press release of FinComBank .
“FinComBank is a bank with a majority domestic capital and this fact gladdens us and stimulates us to further make effort to realize the national investment potential so as to foster the country’s economic development,” stated Victor Hvorostovski, president of the Administration Board of FinComBank.
Oleg Voronin is one of the five founders of FinComBank SA. Since 2010 he has headed the bank’s Administration Board.
Founded in 1993, FinComBank SA provides a wide range of banking service to micro, small and medium-sized enterprises. The bank has cooperated successfully with the World Bank, the European Fund for Southeast Europe and the Overseas Private Investment Corporation.
FinComBank is a member of the Rural Financial Services and Agribusiness Development Project (IFAD), the Rural Investment and Services Project (RISP) and the Competitiveness Enhancement Project, phase I and II (CEPI, CEPII).