EximBank awarded for employees efficiency

Bucharest, July 18, 2012 – EximBank won for the second year in a row the prize ”Prize for employees and network efficiency” awarded during the fifth edition of Top Bankers Gala, organized by „Piata Financiara”, magazine, an event that benchmarks Romanian banking system top players performance in 2011.

”It has become quite a habit for EximBank to be winning prizes for employees and network efficiency. How do we do it? It is about the business model we are trying to implement, a model less familiar in Europe that combines regular commercial operations with the activity under the State name and account. This combination creates an extraordinary synergy that leads us to reach very good results. We are preparing for winning this prize again next year.” declared Paul Ichim, Vice President of EximBank, during the Gala event.

EximBank representative underlined the fact that a major contribution to the increase of financial indicators values comes from the commercial banks that understood that EximBank is an important partner and together they may offer complete financial solutions to the market. By using EximBank instruments, the companies could access financing offered by the commercial banks amounting at more than Ron 3 Bln in 2011 only.

The total gross profit reported by the Bank between 2008-2011 amounted at Ron 420 Mln, showing that the implemented business model is a solid one, creating a strong basis for a continuous effort to support Romanian business environment. The guarantees issued by EximBank increased almost 11 times during the crisis period from Ron 180 Mln in 2008 to almost Ron 2 Bln end of April 2012.

EximBank is a specialized institution whose threefold product portfolio focused on financing, guarantee and insurance, enables it to grant assistance to current activities and development of exporters, SME-s and companies involved in projects pertaining to key economic sectors, particularly those contributing to the absorption of EU funds.

Companies interested in EximBank products may address their queries to the territorial units of the Bank in Bucharest, Bacau, Brasov, Constanta, Cluj, Craiova, Timisoara, Buzau, Oradea, Deva, Iasi and Sibiu or may get information via www.eximbank.ro.