EximBank won the prize for “The most dynamic bank in post-crisis period”
Bucharest, December 20, 2011 – EximBank was awarded the Grand trophy “Petru Crisan” by the National Association of Romanian Exporters and Importers (ANEIR), that every year recognizes the companies with outstanding economic results. The bank was also appointed as “The most dynamic bank in post crisis period”.
„We started our cooperation with ANEIR as soon as we took over the management mandate for EximBank, considering the need of knowing directly from professional sources the expectations of the Romanian business environment, especially the exporters. As we got these valuable information we have been able to quickly initiate internal processes aiming at adjusting the working procedures of the bank in terms of reducing the response times. Moreover, we have been constantly communicating with our targeted clients as well as with the commercial banks. Thus, the companies started to approach EximBank more confidently and the bank performance started to show in the financial indicators”, declared Ionut Costea, President of EximBank, during the Gala evening.
The total exposure of EximBank increased constantly, after the first 11 months of 2011, the figures being almost three times bigger than in 2008. The „star” of EximBank portfolio continues to be the guarantees segment – the total volume of granted guarantees in 2011 being higher by 68% as compared to end of 2010 and almost nine times higher than in 2008.
„As we are talking about the future period, I would like to point out that the main objective in 2012 for EximBank will be to identify the best selling and promotion strategies in order for the bank to continue its support for the national economy as a whole and specifically the exporters, SMEs and the European funded projects”, added EximBank President. He declared that the bank will continue to sustain the companies that are looking for new markets, especially in non EU areas, and will pay special attention to increasing the atractivity of its products portfolio.
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.