Insurance for exports to Ukraine, with EU support through InvestEU

Exim Banca Romaneasca, as Romania’s Export Credit Agency, has joined the InvestEU mechanism for supporting export credits to Ukraine – a joint initiative of the European Commission and the European Investment Fund (EIF).

The program enhances Exim Banca Romaneasca ’s capacity, on behalf and in the name of the Romanian state, to support small and medium-sized enterprises (SMEs) and small mid-cap companies exporting to Ukraine.

• Validity period: 3 years
• Amount approved by EIF: EUR 35 million
• Products eligible for support under the InvestEU mechanism dedicated to export credits to Ukraine:

Insurance policy for non-marketable risks (short term, 2 years) – for exports with payment terms of up to 2 years

Insurance policy of medium and long-term export credits – for exports with payment terms exceeding 2 years

Insurance policy of buyer credit – for loans with a repayment term of more than 2 years, granted to foreign buyers for the purchase of goods and services from Romania