Moldova Agroindbank launches unique new American Express Cards

Chisinau, 30 March 2016: Today CB Moldova Agroindbank has announced the launch of two new American Express Cards – the MAIB American Express® Gold Debit Card and the MAIB American Express® Green Debit Card. These Cards are unique in Moldova as they enable Cardmembers to earn cash back and rewards when spending within the limits available in their accounts, as well as providing access to the additional privileges associated with the American Express brand.  

Cardmembers earn 0.5% cash back on every purchase made with both the Gold and the Green Card, and they also have access to a wide range of retail and lifestyle benefits. This includes exclusive offers at over 400 specially selected restaurants across the world through Taste from American Express® Invites, membership of MAIB’s Pay & Save loyalty program, discounts and upgrades on car rentals, and international travel, shopping, dining and entertainment offers through American Express® Selects.

The Gold Card offers an additional tier of rewards and is particularly suited to frequent travellers. Cardmembers have access to over 800 airport lounges worldwide through Priority Pass, as well as a travel and lifestyle concierge service and comprehensive international travel insurance.
Serghei Cebotari, Chairman of the Management Board of CB Moldova Agroindbank, commented: “These new Debit Cards will help our customers manage their everyday financial needs, as well as providing them with a wide array of appealing benefits and rewards. Expanding the product range that we offer our customers, and partnering with one of the world’s most trusted and respected financial services brands will further strengthen CB Moldova Agroindbank’s position in the domestic banking market.”   

Cheryl Cook, Vice President Bank Partnerships EMEA, American Express, added: “The launch of these new Cards is an important next step in the partnership between American Express and CB Moldova Agroindbank. American Express is committed to working with CB Moldova Agroindbank to offer their customers best-in-class products which meet their financial and lifestyle needs. This is a sign of the ongoing growth of our partnership and we look forward to continuing our close collaboration.”

The Gold and Green Debit Cards offer Cardmembers the convenience of key customer service benefits including online account access and 24/7 telephone customer support, as well as local emergency card replacement. It follows the successful introduction of the MAIB American Express® Gold Credit Card and the MAIB American Express® Green Credit Card earlier in 2015. American Express Cards are accepted at millions of locations worldwide, including supermarkets, restaurants and ATMs. 
About CB Moldova Agroindbank

CB Moldova Agroindbank is a leader of Moldova’s banking system, holding one of the best developed and most modern infrastructures, the largest amount of capital and keeping a strong position in top 10 best Moldovan brands.  Data for 2015 show that MAIB holds a market share of 26.3% in terms of assets, 28.7% in loans, 27.8% in deposits, including 30.1% in private deposits, as well as 26.2% of the profit in the banking sector. As of 31 January 2016, the bank's network comprised 67 branches, 106 agencies, 233 ATMs, including cash-in and cash-out ATMs, about 3356 POS terminals, 5 self-service centers operating  on a round the clock basis and 40 self-service areas. Every year, influential international publications recognize MAIB as the best bank, including in 2015, when Global Banking & Finance Review awarded Moldova Agroindbank the title of the Best Commercial Bank in Moldova.

About American Express 

American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success.  Since 1997, American Express has partnered with a select group of leading banks and financial institutions around the world to issue American Express-branded products and acquire merchants on to the American Express merchant network. By leveraging its partnerships, global infrastructure and the powerful appeal of its brand, American Express has gained even broader reach for its network worldwide.     

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