Traian Halalai, EximBank: We support the Romanian companies expanding their operations abroad

Bucharest, January 31, 2013 – Emerging markets as well the developing ones offer consistent business opportunities that could be profitably used by Romanian exporters, even taking higher risks and EximBank offers instruments able to support this effort.” declaredTraian Halalai, President of EximBank.

EximBank was awarded by a Nine’O Clock publication the Special Award for the products package aiming at supporting the expansion of Romanian exporters on non –EU marketsduring the gala evening People of 2012.

”Taking into account the fact that macroeconomic studies show that for Eastern European countries waiting the Euro zone – as traditional trade partner – recovery becomes more and more riskier, I consider important for Romanian exporters to find new opportunities outside this area. EximBank products can contribute to the success of their quest and this is the reason we decided to become more dynamic so that to be able to support the expansion abroad for more and more Romanian companies”, added Traian Halalai, during the Gala evening.

EximBank offers to Romanian exporters a set of products allowing risks mitigation. The Bank may cover the risks of nonpayment associated to the export contracts for non EU markets and non OECD member countries as well as the risks incurred by the Romanian investments abroad.

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 12 units (nine branches and three agencies) in Bucharest, Bacau, Brasov, Constanta, Cluj, Craiova, Timisoara, Buzau, Oradea, Deva, Iasi and Sibiu; also, interested companies may access additional information on