Contact Members Join
AmCham Romania
Members only
Home |Privacy policy
AmCham Recommends Updates: EximBank Guarantees within the COVID-19 State-aid Scheme for Large Companies

Updates: EximBank Guarantees within the COVID-19 State-aid Scheme for Large Companies

by Exim Bank October 20, 2020

Following the publication of the EximBank Guarantee Norm within the COVID-19 (NI-GAR-14-I / 0) state aid scheme in the Official Gazette of Romania no. 910 / 07.10.2020, Part I, banks now have the possibility to access the new product guarantee for large companies and SMEs beneficiaries with a turnover above RON 20 million in 2019The EximBank Financing Norm within the COVID-19 (NI-FIN-08-I / 0) state aid scheme was also published in the Official Gazette of Romania no. 910 / 07.10.2020, Part I.

EximBank is pleased to share more about the two products in the attached presentation.

For details, companies intending to access either the guarantee or the financing, should first express their interest to suport.companii@eximbank.ro and EximBank will provide the necessary documentation for the application.

Important: 

  • The complete guarantee application is sent by the financing bank through the online platform. EximBank registers the guarantee requests in the State aid Guarantee Register, in the order in which the financing banks submit their complete guarantee applications.
  • The complete financing application is sent by the companies through the online platform. EximBank registers the financing requests in the State Aid Financing Register, in the order of the incoming complete financing applications submitted by companies.
  • The applications will be addressed on the “first come, first served” basis and we highly recommend that the application procedure provided in the Norm is observed as such, as well as submitting complete applications. The applications will be registered with EximBank NCS, which will be subject to the control of the European Commission, on the date and time when the applications and the lists of related documents will be completed.

Read more at: https://www.eximbank.ro/program-guvernamental-de-sustinere-financiara-pentru-companiile-mari/

More from AmCham Recommends

Previous Next