Bucharest, September 17, 2020 – The Three Seas Initiative Investment Fund S.A. SICAV-RAIF (‘3SIIF’, ‘the Fund’) has successfully raised an additional €40 million of commitments. €20 million have been invested by both the Estonian Ministry of Finance and by ALTUM, Latvia’s state-owned development finance institution. Estonia and ...
Bucharest, June 15, 2020 – EximBank and Agricover Credit IFN, the main financial institution aiming at financing the Romanian agriculture have agreed to extend and supplement the loan agreement existing between the two parties in order to support the necessary resources for developing new financial products and services for the Romanian farmers. ...
Bucharest, April 10, 2020 – EximBank comes to support the Romanian exporters during the COVID-19 pandemic and launches a new short term insurance product in the name and the account of the Romanian state that allows business continuity and maintenance of workplaces by covering the commercial and political risks related to transactions w ...
Bucharest, 23 January 2020 – Further to the announcement on June 20, 2019, EximBank has completed the acquisition of Banca Românească S.A. (BROM). The offer, made in June in accordance with the applicable law in Romania, was part of EximBank’s agreement with National Bank of Greece (NBG) to acquire its 99.28% stake in BROM. With […] ...
Bucharest, December 18, 2019 – EximBank and Elba Timisoara – one of the most important lighting fittings manufacturer in Romania – have concluded a financing agreement amounting at a total value of 5.9 Million Euro for the development of the company’s activity. The financing from EximBank aims at supporting the necessary investments ...
Bucharest, November 28, 2019 – The strategic and legal framework of the Three Seas Initiative Investment Fund (3SIIF) position this new vehicle as an accelerator for implementing ambitious projects in priority domains for the Three Seas Region such as transport infrastructure, energy and digital infrastructure, declared the 3SIIF representatives ...
Bucharest, November 04, 2019 – EximBank and Arsat Group from Arad – one of the most important Romanian capital exporters have concluded this year several financing agreements reaching a total amount of 52 Million lei (appx. 11 Million Euro) aiming at supporting the business development of the group. Arsat is active in the in ...
Bucharest, September 30 2019 – EximBank and Agricost SA, the administrator of the Great Braila Island agricultural area considered as the largest consolidated farm in Europe, have concluded a financing agreement with a total value of 28.8 million Euros. The new facility aims to support Agricost’s ongoing growth investments over the coming f ...
Bucharest, July 9, 2019 – EximBank has gone up 13 positions in Top 100 Banks in South Eastern Europe ranked by managed assets in 2018, now classifying on 49th place due to an almost 30% growth in assets as compared to last year, accordingly to the yearly ranking of the SeeNews press agency. This year’s […] ...
Bucharest, July 01, 2019 – EximBank has been the leader of the local export factoring market last year with a net turnover of more than 155.61 Million Euro, according to Factors Chain International (FCI), the most important international organization in the field. ”EximBank has succeed in convincing last year more and more companies of its [&he ...