REPORT ON BEST PRACTICES IN EXPORT FINANCING

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Source: Hungarian Export Import Bank Private Company Limited (“Eximbank”)

Eximbank used 43% of its HUF 5.5 billion EUR 18 million limit from the central budget for the interest-equalization of export loans with a tenor of over two years. More than two thirds of the Bank’s total discounting and loan portfolio (HUF 92 billion, EUR 305 million) consisted of interest-equalization transactions.

Distribution of loan portfolio (2010) The extent of utilization of the budgetary subsidy limit for Tied-aid loans based on intergovernmental agreements was 25% in 2010. Through these transactions, Hungarian exporters had an opportunity to enter into new markets such as Montenegro, Laos and Bosnia and Herzegovina.

Source: Hungarian Export Import Bank Private Company Limited (“Eximbank”)

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