Microinvest, the leader of the non-bank lending market in the Republic of Moldova, has signed its first loan financing agreement with the Council of Europe Development Bank (CEB), in the amount of €8 million. This partnership marks a new step in attracting international resources to support micro, small and medium-sized enterprises in Moldova, with a particular focus on the regions.
The financing aims to support entrepreneurial and agricultural activities that contribute to preserving and creating jobs, as well as the development of communities in rural areas. The funds will bolster businesses and agricultural activities in the regions, giving eligible beneficiaries the opportunity to modernize and expand their operations, increase production capacities, and develop new product lines.
The signing of this agreement reflects the expansion of Microinvest’s international partnerships and confirms the confidence of European financial institutions in the company’s business model, governance standards, and strategic direction. Through this collaboration with the CEB, Microinvest strengthens its capacity to support entrepreneurs and businesses that need responsible, accessible financing solutions adapted to local economic realities.
“Supporting regional development is at the heart of our mission to strengthen social cohesion. We are pleased to partner with Microinvest to help channel essential funding to entrepreneurs and smallholder farmers, who form the backbone of the Republic of Moldova’s rural economy. This loan will help support growth where it is needed most.” – Tomáš Boček, Vice-Governor for Target Group Countries at the CEB
“The partnership with CEB represents an important step in Microinvest’s mission to support entrepreneurs and farmers who contribute every day to the development of the local economy. Through this financing, we will be able to expand access to financial solutions tailored to the real needs of our clients, supporting the development of local businesses, the creation of opportunities in communities, and the consolidation of a more resilient economy. We thank CEB for the trust placed in Microinvest and for its commitment to supporting the sustainable development of Moldova.” – Dumitru Svinarenco, CEO of Microinvest
About CEB
The Council of Europe Development Bank (CEB) is a multilateral development bank with an exclusively social mandate from its 43 member countries. The CEB finances investment projects and provides technical assistance in social sectors such as education, health and affordable housing, while focusing on the needs of vulnerable people, as well as on the social dimensions of climate change and the environment. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. The CEB, which has a triple-A credit rating, funds itself through international capital markets. In addition, the CEB receives funds from donors to complement its activities.
About Microinvest
Microinvest is the leader of the non-banking financial market in the Republic of Moldova, with a loan portfolio of more than MDL 8 billion. Approximately 58% of its portfolio is dedicated to business clients, of which 36% is allocated to the agricultural sector. With 23 years of experience, the company serves more than 50.000 active clients – local entrepreneurs and individuals – through a team of 410 professionals and 17 offices across the country.
Microinvest is the only financial organization in Moldova that holds the international GOLD certification in client protection, confirming its dedication to transparency and responsible finance. The institution is also expanding its fintech positioning by deploying digital lending services. More than 23% of its active client base now uses digital channels.
Since 2025, Microinvest has been part of the Banca Transilvania Financial Group. The sole associate of Microinvest is Victoriabank, one of the leading banks in the Republic of Moldova.
