Bucharest, 31 March 2008

"Soon, our SME customers, will have the possibity to pay the invoices issued by their suppliers without having to go to the bank, using the new product, Direct IMM, which has as main facility the automatic debiting of the current account. If you wish to eliminate the visits to the bank and to follow up the invoices' maturity or monitor payments through checks and PNs, then DIRECT IMM is the solution you need for a better and easier funds management! We will shortly launch this product, thus giving you the opportunity of benefiting from all its advantages", stated Mr. Cemal Yildirim, Deputy Vice President - SME Division, Credit Europe Bank (Romania) S.A.

Direct IMM has as main purpose payment of the invoices issues by the suppliers of the SME customers. Through this service, the payments will be made directly from the current account of the SME customer, based on the list sent by the supplier, the SME customer also benefiting from lower transfer costs compared to the standard ones. An SME customer can use the Direct IMM product with one or more suppliers. As extra option, Direct IMM can also have an attached credit line, that can be used exclusively for paying the invoices subject to Direct IMM facility.

Credit Europe Bank (Romania) S.A., member of FIBA group, provides a wide range of products and services to over 400,000 individuals, SME's and corporate customers, through a network of over 100 branches, agencies and working points - a continuously expanding network, as well as through Alternative Delivery Channels: ATMs, POS and Internet Banking.