Halalai, EximBank: We keep diversifying our product portfolio

Bucharest, April 9, 2014– EximBank will continue diversifying the product’ portfolio, one of the most targeted area being the extension and improve of flexiblity of the trade finance facilities, enabling the bank to cover the present needs of the companies active on the commercial field, said Traian Halalai, President of EximBank, during a meeting organized by the bank with businessmen in Bacau area.

“One of the strategic directions of the bank is represented by the offer of integrated financial solutions for the business environment and this is why we intend to improve our offer on the finance trade segment. I am convinced that our experience in international transactions will provide the specific advantage necessary in order to design solutions able to answer to the growing demand for customized products”, said Traian Halalai.

The EximBank representative mentioned that a first step in this direction is the up grading of the external factoring offer that enables the bank to finance partially/totally the commercial invoices issued during export operations, in order to cover the temporary lack of cash that may incur between the invoicing date and the effective collection time.

The meeting in Bacau has been attended by 50 businessmen, representing companies such are Comfert, Chimcomplex, Sonoma,Aerostar, Agricola International, Grup UMB Bacau, and by the representatives of local authorities.

The event is part of a direct communication program with the business communities that EximBank has started last year and that has involved almost 450 persons up until now, representing the local authorities and the local companies.

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. The Bank has a network of 16 units; also, interested companies may access additional information on www.eximbank.ro.