EximBank won the prize for the best banking strategy in 2011
Bucharest, November 24th2011 – EximBank won the prize “Best banking strategy in 2011”, awarded during the 11thedition of the “Financial Leaders’ Hall of Fame” Gala, organized by Business Arena Magazine.
Awarding of this prize is one more recognition of the outstanding progresses that EximBank registered in terms of increasing its activity, the Bank’s business model being a solid and efficient one – 300 Million Lei profits in the last two and a half years.
During first semester of 2011, EximBank registered increased financial indicators, 45 Millions Lei gross profit, which is 80% higher than the figures registered during the same period of 2010.
The total exposure of the Bank increased during the first six months of this year by almost 40% as compared to the first semester of 2010, indicating that EximBank is keeping the fast growing trend established during the last two years.
The guarantees sector is still the most dynamic one, the total granted amounts at the end of June 2011, being around eight times higher than the one registered in the same period of 2010.
EximBank is a specialized institution whose threefold product portfolio focused on financing, guarantee and insurance,enables it togrant 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.