{"id":2044,"date":"2014-08-19T16:09:52","date_gmt":"2014-08-19T13:09:52","guid":{"rendered":"http:\/\/www.eximbank.ro\/en\/?p=2044"},"modified":"2014-08-19T16:09:52","modified_gmt":"2014-08-19T13:09:52","slug":"eximbank-registers-35-mil-lei-gross-profit-at-the-end-of-first-semester-2012","status":"publish","type":"post","link":"https:\/\/www.eximbank.ro\/en\/2014\/08\/19\/eximbank-registers-35-mil-lei-gross-profit-at-the-end-of-first-semester-2012\/","title":{"rendered":"EximBank registers 35 Mil Lei gross profit at the end of first semester 2012"},"content":{"rendered":"<p>Bucharest, September 03 2012 \u2013 EximBank continued to consolidate its position on the corporate banking market reporting 35 Mil Lei gross profit at the end of the first semester.  <\/p>\n<p>\u201cResults reported after the first 6 months are excellent and have been generated mainly by the strategic decisions regarding an increase of the Bank\u2019s involvement in the economy development by financing and guaranteeing SMEs and big companies projects.  Under the difficult conditions of the economic crises, the total exposure towards nonbanking clients\u2019 growth by 700 Mil Euro counter balances the slow crediting activity of the foreign banks and represents a confirmation of the fact that Romania needs strong, local banks able to support the development of the Romanian economy\u201d, declared Ionut Costea, President of EximBank.<\/p>\n<p>The Bank\u2019s results at half year, double as compared to the forecasts, have been reached both through  the aggressive increase of  the commercial activity, translated into additional revenues (especially form interests and commission fees) as well as  through severe costs control policies, especially in terms of risks costs.<\/p>\n<p>\u201cAs we accelerated the financing activity during last years, we are glad to observe that we are the only Bank in the system that did not finish 2011 with provision costs but with revenues of approximately 6 Mil Lei which reflects the health of the credit portfolio.\u201d, added Ionut Costea.<\/p>\n<p>EximBank representative also stated that taking into account the goal  regarding the implementation of the internal workflows based on corporate principles has been reached, the Bank\u2019 strategy for the next 4 years is to double its clients number.<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bucharest, September 03 2012 \u2013 EximBank continued to consolidate its position on the corporate banking market reporting 35 Mil Lei gross profit at the end of the first semester. \u201cResults reported after the first 6 months are excellent and have been generated mainly by the strategic decisions regarding an increase of the Bank\u2019s involvement in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-2044","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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