Exim Banca Românească facts for kids
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| Public | |
| Industry | Finance and Insurance |
| Founded | 1991 |
| Headquarters | , |
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Key people
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Carmen Radu (former CEO), Traian Sorin Halalai (current CEO) |
| Products | Financial services |
Exim Banca Românească is a bank in Romania. It used to be known as EximBank. This bank helps both businesses and people with their money. It is based in Bucharest, the capital city of Romania.
The bank started in 1992. The Romanian government owns most of the bank. This means it is a public company. The Ministry of Finance manages about 95% of the bank's shares. Other smaller groups also own tiny parts of the bank.
In 2019, EximBank bought another bank called Banca Românească. This was a big step for EximBank! Before this, EximBank mainly worked with companies. After buying Banca Românească, it became a "universal bank." This means it now helps regular people too, not just businesses. It offers services like savings accounts and loans for everyone. This deal made Exim Banca Românească one of the top 10 largest banks in Romania.
On May 10, 2023, after joining with Banca Românească, the bank changed its name to Exim Banca Românească. It officially became a bank for everyone.
Three Seas Initiative Investment Fund
The Three Seas Initiative is a group of twelve countries. These countries are in Central and Eastern Europe. They include Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia. Their leaders first met in 2016 in Dubrovnik.
In 2019, the Export–Import Bank of Romania (EximBank) and a Polish bank called Bank Gospodarstwa Krajowego created the Three Seas Initiative Investment Fund. This fund focuses on projects that build important things. These include transport, energy, and digital connections in the Three Seas region. The goal is to raise a lot of money, between 3 and 5 billion Euros.
The Fund will invest in big projects. These projects could be worth up to 100 billion Euros in total. The countries in the Three Seas region need a lot of money for new infrastructure. Experts believe they need over 570 billion Euros in total.
See also
- Export–Import Bank of China
- Export–Import Bank of the United States
