EximBank, appointed Bank of the Year

Bucharest, November 12, 2014– EximBank has been appointed Bank of the Year during the“Financial Leaders’ Hall of Fame 2014 Gala, organized by Business Arena Magazine, an award granted for the accelerate trend of its activity under the difficult macroeconomic circumstances.

“It is an award that honors us and comes to confirm once more the new important positioning of EximBank on its market, as an equal competitor with corporate banking leaders. Two years ago, EximBank has started a vast restructuring process focused on building the best team and increase flexibility of working flows in order to improve answering times to clients’ needs. We are now in the position to confirm reaching these targets – we do have a professional team, we have improved our offer and EximBank’s activity continues to follow an ascending trend.”, said Traian Halalai, President of EximBank during the Gala evening.

The bank’s representative mentioned that another result of this process was the mentality change regarding the bank in relation with the shareholders, regulatory bodies, partner banks and, most importantly, clients.

”We do have happy clients and I am convinced that from now on we will see more and more satisfied clients. We have been focusing on offering compete financial solutions for the business community and after nine months of this year the net credits portfolio of the bank is 33% higher than the one registered at the end of 2013. We expect the end of this year to bring new financing amounting at almost 1 billion lei. We continue to make profits and we are proudly reporting a non performant loan rate of 1,1% – end of September – as compared to 17% the banking system average. We will continue being open for business that creates the profile for being nominated next year at the same category. I would like to thank EximBank’s team and I congratulate them for all the good things that we have accomplished together.”, added Traian Halalai.

EximBank is a specialized institution whose threefold product portfolio focused on financing, guarantee and insurance, enables it to grant assistance to current activities and development of exporters, SME-s and companies involved in projects pertaining to key economic sectors, particularly those contributing to the absorption of EU funds. The bank has been constantly up grading its offer, being now able to offer competitive products related to complementary services such as treasury, cash management or trade finance.