EximBank nine month gross profit soars 28 percent on higher lending

Romania’s EximBank, the export-import bank, said on Monday it saw a 28 percent expansion in the gross profit in the first nine months, while the loan book soared 40 percent to RON 1.5 billion ( EUR 338 million).

Traian Halalai, the EximBank president, said the lender’s exposure to the economy climbed to RON 4.4 billion (EUR 992 million) by September, up more than three fold from 2009.

“We reckon we can have a more consistent presence on the corporate financing market and this is why we are preparing a more ambitious budget for 2014,” said Halalai in a statement.

Read more about

One United Properties’ shareholders approve payment of a dividend of €15.2 million

read more

He added the lender opened four new branches this year, planning to take the national network to 20 next year.

EximBank has reorganized the client support department as part of its efforts to optimize the administration framework.

Ovidiu Posirca