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Bucharest
August 14, 2022
BUSINESS

EximBank initiates online selling for insurance policies

EximBank implemented on its official website – www.eximbank.ro – a new online selling platform for insurance policies and commercial information reports which facilitate trading companies’ access to products meant to offer business-risk coverage, a press release informs. EximBank offers, by its insurance products, coverage against commercial and political risks which Romanian companies may be faced with while conducting international transactions, entitling them to recover their claims. Thus, the bank offers exporting companies insurance against non-market external default risk (which underwrites 85 pc of the value of the respective export) or exchange rate insurance which offers coverage against unfavourable exchange rate fluctuations. Furthermore, companies which intend to invest abroad can benefit from the insurance policy for Romanian investments abroad – which underwrites claims to up to 90 pc of the cost of the investment project.

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