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Make sound business with us!Make sound business with us!
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EximBankEximBank Mission Mission
EximBank was established in 1992
according to the traditional ECA model, to
promote Romanian exports through:
financing
guarantees
insurance
Since 2005, EximBank’s mandate has been extended to provide support for the development of Romanian business environment.
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Strategic AreasStrategic Areas
EXPORTEXPORT
SMEsSMEs
PRIORITY DOMAINSPRIORITY DOMAINS InfrastructureInfrastructure Public utilities Public utilities
Regional development Regional development R & D R & D
Environmental protectionEnvironmental protection Personnel employment and trainingPersonnel employment and training
STRUCTURAL FUNDSSTRUCTURAL FUNDS PROJECTSPROJECTS
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Export FinancingExport Financing
PRE-EXPORT FINANCINGPRE-EXPORT FINANCING - up to 2 years, covers manufacturing and goods delivery expenses
BUYER CREDITBUYER CREDIT - provide the Romanian exporter instant payment of the equivalent of exported goods and services, through the credit line EximBank places at the disposal of importer’s financing bank
DOCUMENTARY CREDITSDOCUMENTARY CREDITS - up to 1 year, cover temporary lack of cash until collection of invoices, bills of exchange, promissory notes
Factoring Discounting Forfeiting
FOREIGN EXCHANGE COVERFOREIGN EXCHANGE COVER
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DDe minimis financinge minimis financing -- subsidized interest rates - subsidized interest rates -
SME Development LoansSME Development Loans Loan amount: up to EUR 1,500,000 Tenor: up to 10 years
SME Working Capital LoansSME Working Capital Loans Loan amount: up to EUR 300,000 Tenor: up to 1 year
SME MicroloansSME Microloans Loan amount: from EUR 10,000 to EUR 35,000 Tenor: up to 1 year for current business and up to 5 years for investments
Loans for priority domainsLoans for priority domains Loan amount: up to EUR 1,500,000 Tenor: up to 10 years
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SStructural funds projectstructural funds projects
FINANCINGFINANCING Pre-financing of projectPre-financing of project
Co-financing of eligible costsCo-financing of eligible costs
Financing of non-eligible costsFinancing of non-eligible costs
Bank guaranteesBank guarantees
SOVEREIGN GUARANTEESSOVEREIGN GUARANTEES
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Guarantees IRREVOCABLE AND UNCONDITIONAL
GUARANTEES
Bank GuaranteesBank Guarantees Bid Bonds Advance Payment Guarantees Performance Bonds Warranty Bonds Payment Guarantees, etc
Sovereign GuaranteesSovereign Guarantees Export Credit Guarantees – up to 80%
collateral for bank loans Export Guarantees for Complex Projects -
up to 80% LG warranty Export Guarantee for General Commodities
- up to 80% LG warranty Guarantee for internationalization – up to
80% collateral for bank loans.
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Guarantee for companies Guarantee for companies in financial difficultyin financial difficulty
State Aid Scheme approvedState Aid Scheme approved b by the European y the European Commission under the Temporary FrameworkCommission under the Temporary Framework
applicable between July 2009 - December 2010
support access to finance in the current economic and financial crisis
covers maximum 90% of new loans granted to SMEs or large firms for investment projects or working capital
reduction of annual premium for maximum 2 years
maximum loan amount does not exceed the total annual wage bill of the beneficiary (including social charges as well as the cost of personnel working on the company site but formally in the payroll of the subcontractors) for 2008.
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IInsurance policiesnsurance policies
Against External Payment Default RiskAgainst External Payment Default RiskEximBank covers payment default risk associated with enforcement of short-term export contracts for goods and services
FFor Medium and Long Term Export Creditsor Medium and Long Term Export CreditsEximBank covers the reimbursement default risk of delivered products according to export contracts concluded with foreign partners on medium and long term
For Buyer CreditEximBank covers the reimbursement default risk related to buyer credit applied by foreign partners to the payment of export products delivered by Romanian companies
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IInsurance policiesnsurance policies
FFor Export Output Creditsor Export Output Credits
EximBank covers the reimbursement default risk
related to the credit contracted by the Romanian
exporter for the accomplishment of export output
FFor Romanian Capital Investments Abroador Romanian Capital Investments Abroad
EximBank covers the capital investments implemented
by Romanian companies abroad
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IInsurance covered risksnsurance covered risksRisks coveredRisks covered political risks – difficulties or delays for money transfer from the importer’s country as a result of a general moratorium on external debt, deeds of foreign governments precluding the credit convention, wars and other risks related to public debtors) commercial risks due to debtor’s insolvency or to protracted default from his part. force majeure risks (natural catastrophes)
Benefits at least 85%85% collection reliability of the amount of export performed irrespective of the foreign partner’s financial standing evolution or economic and political risk developments occurred in latter’s country. higher access to advanced financing methods relevant for international trade, by means of the assignment to the financing bank of indemnifying rights resulting from the insurance policy
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Risk MitigationRisk Mitigation
Commercial and Credit Commercial and Credit InformationInformation
CCompanompaniesies are able to are able to know know their their future future partnerpartnerss before conclud before concludinging contract contractss..
Information provided: Information provided:
Identification & legal statusIdentification & legal status;; Officially financial dataOfficially financial data;; Financial standing assessment and Financial standing assessment and company’s creditworthiness evaluationcompany’s creditworthiness evaluation;;Credit limit, risk analysis and recommendation Credit limit, risk analysis and recommendation regarding the developing of safe creditregarding the developing of safe credit transactionstransactions..
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•2828 Romanian BanksRomanian Banks
•4444 International Financial International Financial Institutions Institutions
•OverOver 200200 Correspondent Correspondent BanksBanks
PartnersPartners
