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Prime Minister Ludovic Orban and Finance Minister Florin Citu presented, at the consultations carried out at the Victoria Palace on Monday with representatives of the National Association of Romanian Exporters and Importers (ANEIR), a new credit guarantee mechanism, an instrument which can ensure working capital to large companies.
The largest support programme for small and medium-sized enterprises in Romania, IMM Invest, started on Friday morning and with it the second stagein reopening Romania's economy, Finance Minister Florin Citu said on Friday. "Today, at 10:00hrs, we started the largest programme to support small and medium-sized enterprises in Romania, IMM Invest.
EximBank has finalized the acquisition of Banca Romaneasca SA (BROM), with the submitted bid being part of the agreement concluded in June 2019 between EximBank and National Bank of Greece (NBG) on the purchase of the latter's 99.28 percent stake in BROM, the bank said in a release.
EximBank registered a profit of 113.5 million lei at the end of last year, the best financial performance of the bank in the past nine years, according to a press release issued on Wednesday for AGERPRES. At the end of 2018, the bank managed total exposures worth eight billion lei, up 30pct over the similar period in 2017.
Romania's President Klaus Iohannis on Thursday welcomed the fact that the summit of the Three Seas Initiative in Slovenia reconfirmed the priorities set in 2018 at the Bucharest summit of the organisation, mentioning that Romania takes part in the initiative's fund through Eximbank.
The China Development Bank provided a three-year loan of $200 million to Türk Eximbank to support efforts to boost Turkish exports, the state-owned Eximbank announced on July 26.
In a statement, Türk Eximbank said both banks also agreed to enhance cooperation in a variety of fields, including foreign trade and project finance.