Banking revenue rose by some 5% on the year in the first six months of 2013, while operating costs were down 15%, EximBank’s president Traian Halalai said in a statement.
He said the bank’s exposure increased by 22% in the first six months from December 2012.
“Overall, lending activity increased at a faster pace than the guarantees sector in the first half of 2013,” Halalai said.
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.
The lender runs branches in 15 cities countrywide. (EUR1=RON4.4232)