Speaking at the conference Mediafax Talks about Banking, Claudiu Stanescu, adviser to the FNGCIMM president, said the fund plans to offer new products to support SMEs in various areas of activity.

The value of guarantees granted by the fund increased 37% last year to EUR703 million, from EUR512 million in 2011. The beneficiaries were over 11,000 SMEs, up 12% on the year.

FNGCIMM was set up in 2001 and is controlled by the Economy Ministry.