EximBank – meetings with business community in Satu Mare

Bucharest, March 29, 2012 – More than 40 representatives of companies located in Satu Mare area attended a business meeting organized today where EximBank officials presented the specific financial solutions that may be offered by the Bank.

”The North West area of our country is one of the most dynamics in Romania, having an important business development potential. This is one of the reasons considered when we decided to participate in this meeting as EximBank is addressing its offer exclusively to the corporate clients. We aimed at identifying along with the local business community the most suitable financing solutions to support their development. Participants showed a vivid interest for the guarantees products that EximBank is granting on the State account and also for the interest rate compensation – a product that allows companies to recover up to 50% of the interest rate paid for the investment credit in Lei” declared Mrs. Oana Nuta, spoke person of EximBank.

With EximBank as guarantee, the companies may complete the necessary guarantees thus having the possibility to access financing products from any commercial bank, either for working capital or for investments projects. Guarantees may be granted for any type of business, not only export activities, and cover up to 80% of the credit value. EximBank representatives emphasized during the meeting that the costs of the Bank products are below the market average.

The event in Satu Mare is part of an extended project where EximBank is organizing direct meetings with the business community representatives as well as commercial banks staff in various regions of the country in order to present the Bank’s specific products and services.

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 apply directly to the 12 territorial units of the bank; likewise more detailed information may be found on the website www.eximbank.ro.