“The access to the facilities of a state guarantee is supporting SMEs in the process of obtaining the funds that they need for development, for innovation or for creating new jobs, and, on the other hand, allows partner banks to speed up lending, as the loan risk is consistently covered,” EximBank executive president Traian Halalai stated.
The coverage of loans through state guarantees issued by EximBank varies according to the destination of the financing, and reaches maximum 80% for investment loans and maximum 70% for current activity loans.
The guarantees issued by Eximbank are complementing the collateral guarantees from SMEs.
EximBank has a 20-unit network.