Victoriabank
“Can a legacy Moldovan bank modernise fast enough — through PSD2 compliance, digital SME lending, and bancassurance — to compete with European neobanks entering the CIS corridor?”
HQChișinău, Republic of Moldova
IndustryBank / Community
The story
Victoriabank is one of Moldova's oldest and largest commercial banks, with nearly 35 years of history. It became part of Romania's largest financial group, Banca Transilvania, which has driven its modernisation agenda. The bank has been progressively adopting European fintech standards — most visibly by partnering with Salt Edge to become PSD2-compliant ahead of the national deadline, positioning itself as an ASPSP under Moldova's Law 209/2022. It has also invested in digital SME channels (VB24 Business, the Loan Cabinet) to reduce branch dependency.
Product timeline
2024
Victoriabank partnered with Salt Edge to implement PSD2-compliant open banking API (Berlin Group standard), launching sandbox in September 2024 and going live April 2025.· banking
2024
Launched Loan Cabinet (Cabinetul Credite), a 100% digital SME lending platform allowing online credit applications without branch visits.· lending
Regulated entities
National Bank Charter
Republic of Moldova
B.C. Victoriabank S.A.
The stack
Banking / BaaS
Card issuing
Lending
Fast Credit Line for SMEs (up to 4,000,000 MDL, up to 18 months)Overdraft to current account (up to 20,000,000 MDL, MDL/EUR/USD)Working Capital Loan (MDL/EUR/USD, grace period up to 36 months)Investment creditCredit linesBank guaranteeLoan Cabinet (Cabinetul Credite) — 100% digital SME lending platform
Open banking
Accounting gap: significant