Market Puls
Tarmo SILD: Energbank has been profitable ever since it came under the ownership of Iute Group
08.04.2026
Interview by InfoMarket
In early 2022, the international financial company Iute Group acquired Moldova’s Energbank. For Iute, this marked its first foray into the banking market. Over the past four years, the bank has been notable for having had 3 Chairpersons of the Executive Board approved by the regulator. In late 2025, the National Bank of Moldova (NBM) fined Energbank 3.13 million lei (which represents 0.4% of own funds calculated as of October 31, 2025) for inefficient management of risks in the IT and cybersecurity domain, and internal control systems.
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