“Moldova Agroindbank” launched credit cards

Commercial Bank “Moldova Agroindbank” (MAIB) announced that starting this month it will launch credit cards on the market. According to the press service of the bank, the new card is created for individuals to operate payment transactions to merchants and to withdraw money from the credit offered by the bank in an established limit. The Card is offered to customers who receive salaries on the MAIB card account, hold term deposits in MDL or are loyal customers of the bank. Individuals who receive their salary on the MAIB card account obtain the credit card with a limit of 6 wages. Deposit holders can obtain a credit card valuing 45% from the sum of the deposit. The interest for this credit is paid only for the utilized credit balance and the reimbursement of the credit is automatic, from the sum of the salaries received on the card account or from the deposit account, during 2 years. The utilization of the credit cards does not imply mortgage or endorsers. It is handy to utilize because it doesn’t involve the presence of the customer at the bank for operating payments from the credit account and at the reimbursement of the credit, and the sources from the card account can be utilized for any purpose. Those who hold cards emitted by MAIB can benefit from services of 81 cash machines and 354 POS-terminals installed in the Bank offices and at the commercial partners of the bank. BC “Moldova Agroindbank” is the largest bank from the R. of Moldova holding assets of more than MDL 4 bln.