Paul Ichim: EximBank is more than an exporters’ bank

Bucharest, September 19, 2016 – EximBank has become more than a bank exclusively targeted at exporters, having now a complex financial profile with a portfolio available to any type of company – SME or big company, involved in international transactions or active only on local markets, said Paul Ichim, Executive Vice president of EximBank, during the launching event of the Tulcea Small and Medium Enterprises Patronal Association, held at the end of last week.

”Parts of the business environment are still perceiving EximBank as a bank exclusively working with exporters (it is true that the bank’s name contributes to conveying this idea) but is still important for the businessmen to keep in mind that this is not real anymore. Following the adjustments of the business pillars that have been implemented in time in order to adapt to the national and global economic trends, EximBank is now fully capable of offering to the corporate segment an attractive products and services portfolio for all Romanian companies that intend to grow and be performant, in a similar way to any commercial bank active on our market. For instance, we intend to become more active strategically on the small and medium enterprises segment this year and this is why we are trying to spot out and take all the opportunities that allow us to distribute as many funds as possible towards this important economic sector.”, said Paul Ichim.

He added that in order to facilitate the access to financing for small and medium enterprises, the bank has launched at the beginning of the year two new products exclusively targeted to this:

  • Credit line for current activity – granted in Lei, for a maximum period of 12 months, amounting between Lei 50.000 and Lei 2 Million;
  • Investment Credit – granted for a maximum period of 7 years, amounting between Lei 50.000 and Lei 2 Million.

Along with these two new products, the companies may access a competitive products portfolio such as treasury, cash management, trade finance and factoring that are completing the financing, guarantees and insurance offer.

EximBank has been actively involved for more than 25 years in sustaining and promoting the Romanian business environment by supporting the local companies’ projects. Its specific financial instruments are targeted exclusively to the corporate segment and accessible to any kind of company. The bank has a 20 units network; additional details on products may be found at www.eximbank.ro or via informatii@eximbank.ro.