End-June, the bank reported total assets worth RON4.25 billion, up from RON4.01 billion in December 2013.

Net new loans rose 24% in the first six months of 2014, EximBank’s president Traian Halalai said in a statement.

Non-performing loans reached 9.55% of total loans at the end of June.

Founded in 1992, export-import lender EximBank offers financing, bank guarantees and insurance products to Romanian companies, particularly SMEs and companies developing EU-funded projects. (EUR1=RON4.429)