EximBank gets up in Top 100 Banks in South Eastern Europe
Bucharest, October 2, 2014 – EximBank got up seven positions in Top 100 Banks in South Eastern Europe as per profits registered last year, being now on the 31st position, according to the annual rankings drafted by SeeNews. This year’s edition includes 22 Romanian banks, EximBank maintaining its position in top 10 most profitable banks, by holding the 8th place.
”EximBank has focused during the last years on improving the dynamics of its commercial activity and on the efficient reosurces management and the ascending trend of the performance indicators of the bank shows the corectness of the principles we applied in our strategic approach. We will continue in proactively engaging the market and improving our capacity of rapidly answering to our clients’ needs and this is why we are convinced that we will keep our top positioning in the most proftiable banks rankings.”, said Traian Halalai, President of EximBank.
As many as 70 of the entrants in the SEE TOP 100 banks ranking reported a profit in 2013 but the overall result of the biggest banks in the region was a negative 2.18 billion euro, due to the heavy losses reported by Slovenian banks.
According to the assets registered at the end of 2013, EximBank holds the 73st position in this year’s edition of Top 100 Banks in South Eastern Europe, out of a 250 participant banking institutions in 10 countries (Albania, Bosnia Hertzegovina, Bulgaria, Croatia, Macedonia, Moldova, Montenegro, Romania, Serbia and Slovenia).
EximBank is a specialized institution whose threefold product portfolio focused on financing, guarantees 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.
EximBank has registered a net profit of almost 32 Million Lei during the first half of 2014, 29% higher than during the same period of last year. During the first six months of the year the new financing granted has reached a volume of almost 475 Million lei out of which 90% has been directed towards financing the companies. The net credits portfolio has increased by 24% as compared to the end of 2013 and the bank’s assets have raised by 244 Million Lei.