EximBank and Agricover Group – one of the leading players in agri-business have concluded a financing agreement for financing Agricover Group/ Agricover Credit IFN with RON 70 M (more than EUR 15,5 M) to ensure the necessary resources for business development, a press release informs.
As future plans, the Group intends to expand its operations outside Romania by developing a division already active in Bulgaria and openings in neighbouring countries. EximBank offers to Romanian companies a threefold product portfolio focused on financing, guarantee and insurance that allows the bank to support the activity and development of the Romanian exporters and companies active in priority economic domains, including the ones contributing to the absorption of EU funds.