Eximbank (Transnstria): Commercial Bank of the Pridnestrovian Moldavian Republic

Eximbank (Transnistria) provides various banking services, such as deposits, loans, transfers, currency exchange, and payment cards. The bank also supports the economic development of the PMR by financing export and import operations, as well as social and infrastructure projects. Eximbank (Transnistria) operates under the supervision of the Central Bank of the PMR and uses the Transnistrian ruble as its official currency. The bank has 16 branches and 25 offices throughout the PMR, as well as representative offices in Moscow and Kiev. Eximbank (Transnistria) is one of the largest and most profitable banks in the PMR, with assets of over 4 billion rubles and a net income of 180 million rubles in 2020. The bank (Pridnestrovian Moldavian Republic) has also received several awards and recognitions for its performance and quality of service, such as the Best Bank of Transnistria in 2019 by Global Banking & Finance Review  and the Certificate of Quality Management System ISO 9001:2015 by TÜV SÜD .

Eximbank (Transnstria): The Main Commercial Bank of the Pridnestrovian Moldavian Republic

Eximbank (Transnistria) is a state-owned bank in the Pridnestrovian Moldavian Republic (PMR), also known as Transnistria, a breakaway region of Moldova that declared its independence in 1990. Eximbank (Transnstria) is the main commercial bank of the Pridnestrovian Moldavian Republic (PMR). It was established in 1992 and is headquartered in Tiraspol, the capital of the PMR. Eximbank (Transnstria) offers a wide range of banking services to businesses and individuals in the PMR, including deposit accounts, loans, foreign exchange, and trade finance.

The bank is also involved in the development of the PMR economy. It provides financing for infrastructure projects, small and medium-sized enterprises, and agriculture. Eximbank (Transnstria) also works to promote trade between the PMR and other countries.

The bank is a member of the Association of Banks of the PMR and the Eastern European Bank Association. It is also licensed by the National Bank of the PMR.

History of Eximbank (Transnstria)

Eximbank (Transnstria) was established in 1992, following the collapse of the Soviet Union. The bank was created to help the PMR develop its own financial system and to support the country's economy.

In the early years, Eximbank (Transnstria) faced a number of challenges. The country was in a state of political and economic turmoil, and there was a lack of trust in the banking system. However, the bank persevered and gradually built up its reputation.

Today, Eximbank (Transnstria) is the largest and most successful bank in the PMR. It has a wide range of customers, including businesses, individuals, and government agencies. The bank is also involved in a number of international projects.

Services offered by Eximbank (Transnstria)

Eximbank (Transnstria) offers a wide range of banking services to businesses and individuals in the PMR. These services include:

• Deposit accounts: Eximbank (Transnstria) offers a variety of deposit accounts, including savings accounts, checking accounts, and time deposits.
• Loans: Eximbank (Transnstria) offers a variety of loans, including business loans, personal loans, and mortgage loans.
• Foreign exchange: Eximbank (Transnstria) provides foreign exchange services, including currency exchange, money transfers, and letters of credit.
• Trade finance: Eximbank (Transnstria) offers trade finance services, such as letters of credit, guarantees, and factoring.

Development of the PMR economy

Eximbank (Transnstria) is involved in the development of the PMR economy in a number of ways. The bank provides financing for infrastructure projects, small and medium-sized enterprises, and agriculture. Eximbank (Transnstria) also works to promote trade between the PMR and other countries.

Promotion of trade between the PMR and other countries

Eximbank (Transnstria) is committed to promoting trade between the PMR and other countries. The bank has a number of correspondent banks around the world, which allows it to facilitate trade transactions between the PMR and other countries.

Eximbank (Transnstria) also participates in trade fairs and conferences to promote the PMR to potential investors and trading partners.

Conclusion

Eximbank (Transnstria) is the main commercial bank of the Pridnestrovian Moldavian Republic. It is a trusted provider of banking services to businesses and individuals in the PMR. The bank is also involved in the development of the PMR economy and the promotion of trade between the PMR and other countries.

References

0. https://eximbank.md/en/about

1. https://www.cbpmr.net/content.php?id=9&lang=en

2. https://en.wikipedia.org/wiki/Exim_Bank

3. https://www.ipn.md/en/maib-named-best-bank-in-moldova-by-global-finance-7542_1096031.html

4. https://www.privacyshield.gov/article?id=Moldova-Banking-Systems

5. https://www.careers360.com/exim-full-form

6. https://disclosures.ifc.org/project-detail/SPI/28856/eximbank-moldova

7. https://documents1.worldbank.org/curated/en/512231468058129094/pdf/797010CAS0R2010p00OUO0900Box379801B.pdf

8. https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02014R0269-20220414&from=EN

9. https://www.undp.org/sites/g/files/zskgke326/files/migration/md/UNDP_MD_-Microfinance-_study_CBM.pdf

10. https://novostipmr.com/en/news/16-06-21/eximbank-all-pridnestrovies-commercial-banks-will-join-nps-sooner

https://www.youtube.com/watch?v=T2DQtBBSch0