Exim Banca Romaneasca and Bank Pivdenny Sign Agreement to Support Romania–Ukraine Trade
Exim Banca Romaneasca, in its capacity as Romania’s Export Credit Agency (ECA), and Bank Pivdenny of Ukraine have signed a Memorandum of Understanding under the InvestEU Export Credit Pilot, an initiative of the European Commission and the European Investment Fund (EIF) aimed at supporting European exporters, particularly small and medium-sized enterprises.
The agreement sets a cooperation framework between the two institutions and aims at facilitating and promoting bilateral trade and investment between Romania and Ukraine, thus contributing to the strengthening of economic relations between the two countries.
The memorandum allows Romanian exporters to benefit of financial protection for contracts carried out with partners in Ukraine, while Ukrainian companies that are clients of Bank Pivdenny and import products and servicies from Romania gain access to improved payment terms.
“In recent years, Romanian companies have significantly strengthened their trade relations with partners in Ukraine, and interest in this market remains high. In this context, the agreement we have signed is of strategic relevance. As a Romanian bank and Romania’s Export Credit Agency, we undertake the role of creating a stable and predictable framework that enables Romanian exporters to capitalize on international opportunities and remain competitive. Through our ECA instruments, we support companies in protecting their cash flows and managing international trade risks, while the possibility of assigning insurance policies to financing banks facilitates exporters’ access to the essential resoruces needed for development,” said Traian Halalai, Executive President of Exim Banca Romaneasca.
Exim Banca Romaneasca is the only Romanian bank that operates asExport Credit Agency, supporting exports and international transactions under the mandate granted by the Romanian state.
In 2025, Exim Banca Romaneasca – ECA joined the InvestEU Export Credit Guarantee Mechanism for Ukraine – a joint initiative of the European Commission and the European Investment Fund (EIF). This accession increases Exim Banca Romaneasca’s capacity, on behalf and for the account of the Romanian state, to support small and medium-sized enterprises and small mid-cap companies exporting to Ukraine.
The Exim Banca Romaneasca instruments that can benefit from support under the InvestEU Mechanism are:
- 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.
April 28, 2026