EximBank insures risks faced by Romanian exporters to EU and OECD countries

Romanian state owned bank EximBank, specialising in trade financing, has launched an insurance product aimed at covering the short-term risks faced by Romanian exporters selling to customers in the European Union or OECD countries. The facility falls under the category of state aid, EximBank says, adding that the European competition authority has decided to consider all commercial and political risks associated with exports to all European Union ...

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