Bucharest, January 8, 2018 – EximBank and BT Leasing (BTL), a company of the Banca Transilvania Financial Group, signed an agreement at the end of last year under which the bank granted the leasing company a loan of RON 100 million. The facility is intended to provide short- and medium-term RON financing for BT Leasing customers.

"This agreement with another top player in finance leasing enables us to meet our objective of creating the right conditions for local businesses to grow. The partnership allows us to finance SMEs indirectly, as efficiently as possible. This ensures flexible, convenient access to financing solutions that support investments to develop new businesses or strengthen mature ones, helping boost competitiveness in an increasingly dynamic and complex economic environment," said Traian Halalai, EximBank’s Executive President.

"This new facility helps us support as many SMEs in Romania as possible, with finance leasing being the most accessible form of financing for them. By expanding our leasing sales network, through cross-selling with Banca Transilvania, partnerships with authorised vehicle and equipment dealers, and collaborations such as this one with EximBank, BT Leasing contributes to the positive results of the BT Financial Group, a supporter of Romanian entrepreneurship," said Ionut Morar, BT Leasing’s General Manager.

About EximBank

EximBank is a specialised institution actively involved in supporting and promoting Romanian businesses. Its dedicated financial instruments are intended exclusively for the corporate segment and can be accessed on favourable terms by any type of company, whether SME or large corporate, whether it conducts international transactions or serves only the domestic market. Companies also have access to a competitive portfolio of treasury, cash management, trade finance and factoring products that complement its financing and guarantee offering. In addition, acting as the state’s agent on Romania’s guarantees and insurance market, EximBank is the main channel through which public funds provided by the Romanian state flow into the real economy.

About BT Leasing

BT Leasing, a company of the Banca Transilvania Financial Group, was established in 1995 as an alternative to lending, to provide leasing services. The company is wholly Romanian-owned and, in its more than 20 years of activity, has financed over 10,000 clients and has concluded more than 20,000 contracts to date. BT Leasing has nationwide coverage, and its products and services can also be accessed through Banca Transilvania's branches and agencies.