“The name change from EximBank to Exim Banca Romaneasca becomes official today – a top Romanian bank, eighth among banks by assets, a trustworthy banking partner for individuals and legal entities,” chief executive officer Traian Halalai said.
As a general strategy, Exim Banca Romaneasca plans to “lend responsibility, encourage saving and generally support all customers with advice and suitable financial solutions, be they retail, corporate or public sector customers,” he added.
The bank will continue to operate on its two main avenues – on its own like any other universal commercial bank and on behalf of the government – separate from the commercial component, on the segment of governmental guarantees and insurance.
EximBank completed the merger with Banca Romaneasca at the end of 2022. The acquisition of Banca Romaneasca was a first in Romania’s banking history, as this was the first time a state-run bank bought a foreign-owned private bank, after the government had previously sold the major banks it had.
(English version by Loredana Fratila-Cristescu)