EximBank is granting a financing of 100 Million Lei to BCR Leasing IFN

Bucharest, March 29, 2017 – EximBank and BCR Leasing IFN have signed a partnership agreement allowing the bank to grant a financing line of 100 Million Lei to the leasing company in order to offer short and medium term credits in Lei for the BCR Leasing IFN clients.

The facility has been granted for 60 months with a grace period of 12 months out of which three months are for credit usage and it is partially guaranteed by a Letter of Banking Guarantee issued by Erste Group Bank AG.

”EximBank continues to direct its efforts towards identifying and taking all the opportunities that permit the accelerate funds distribution to the companies active on the Romanian market. The partnership with BCR Leasing IFN represents yet another channel through which we can finance indirectly both small and medium companies that stand for more than 80% in BCR Leasing IFN portfolio and corporate clients with maximum efficiency, our partner’s expertise successfully completing the technical competencies of EximBank. We are thus contributing to the buildup of financial solutions that allow investments for development of new businesses or for consolidati9ng the already mature ones. ”, declared Traian Halalai, Executive President of EximBank.

“The partnership between EximBank and BCR Leasing is directly linked to the Romanian business environment the leasing financing being a valid indicator of the investments in Romanian economy, especially on small and medium enterprises segment. Through our products we ensure the flexible and convenient access to financing solutions for the productive assets that allow increase productivity and competitive levels in a more and more dynamic and complex economic environment.”, declared Bogdan Speteanu, President of BCR Leasing.

About EximBank

EximBank is a specialized institution actively involved in supporting and promoting the Romanian business environment. Its specific financial instruments are exclusively targeted to the corporate segment and may be accessed in advantageous conditions by any type of company, either SME or big company, involved in international transactions or solely active on local market. The companies benefit from a competitive portfolio of treasury, cash management, trade finance and factoring products, that come to add up to the financing and guaranteeing offer. In addition, acting as a state agent on the Romanian market of guarantees and insurance, EximBank is the main channel for the public funds made available by the state to be infused in the real economy.

About BCR Leasing IFN

BCR LEASING IFN S.A., member of the Banca Comercială Română Group, part of ERSTE Group, established in 2001, offers financing services for vehicles acquisition, fleets, industrial equipment and machinery, agriculture machinery, medical appliances aso. Through its specialized subsidiary BCR Fleet Management, the company is offering tailored operational easing services and fleet management for extended numbers of vehicles and light commercial vehicles. BCR Leasing offers may be accessed both in the BCR Group network as well as in the partners’ network.

Additional details: marketing@bcr-leasing.ro        www.bcr-leasing.ro