EximBank reduces payments fees and extends schedule for banking operations

Bucharest, June 29, 2015 – EximBank is meeting the needs of Romanian companies looking for solutions to optimize the costs associated to banking transactions and announces that starting on July 1st, 2015, the clients will benefit from some payments fees reduction as well as from an extended schedule for the banking operations.

”We intend to become the preferred banking partner for companies and this is why we are continuing the process of aligning our products and services to the current banking standards and practices and, most important, to the clients’ needs. The changes we are implementing in cash management area are beneficial for the companies, allowing the reduction of the costs associated to the banking transactions, accelerating at the same time the clearings. Thus, we are offering efficient conditions for the cash management for the companies accessing our products”, said Traian Halalai, Executive President of EximBank.

The bank will completely eliminate the fees for the intra-banking payments in Lei made by using the internet banking service e-ximBanking, the respective cost ceasing to exist. At the same time, EximBank will apply a fee reduction for the intra-banking payments in Lei made through the bank’s front desks.

In order to improve the making and registration of the payments in Lei and other currencies EximBank will extend the schedule of operations’ processing acceptance which will facilitate the improvement of the cash management for clients. Also, the bank will modify the operational flow for payment instructions that will become simpler and will offer to the clients increased transparency on launched operations in terms of payments and clearings.

These up-grades of the cash management segment offer are part of the process of intensifying the bank’s activity on the complementary services area initiated lately by EximBank. Thus, in order to develop an integrated banking relationship with the clients, EximBank has made a target out of the development and consolidation of the treasury, cash management and trade finance portfolio, along with the integration of the financing and guarantees products.

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.

For Q1 2015, the bank has reported net profits of almost 35 Million Lei, five times higher than during the same period of 2014, whilst the total exposures from financing, guarantees and insurance have reached the value of 4,74 Billion Lei at the end of March 2015. The bank continued implementing a prudent policy in terms of credit analysis that led to keeping the non performant credits level at 4,3% – end of March 2015 – as compared to the banking system average of 14%.

Details on EximBank products: www.eximbank.roor informatii@eximbank.ro