The export support of the small and medium-sized businesses’ on the riskier markets

In the near future, Eximbank will get 142 million euros as the part of the 578 million euros state loan to provided to the Hungarian Development Bank .

The claims in excess at Eximbank exceeds 1.8 billion euros. Beyond the HDB loans 200-250 million euros would be necessary in addition to satisfy the demands – quotes Online Világgazdaság Csillag István the President of the Eximbank and the Hungarian Export Credit Insurance Ltd. (MEHIB). Csillag added that the export credit agencies (Export Credit Agency: ECA) most important strategic task is the risk-taking in order to boost export. The Hungarian ECAs inherently works for riskier markets. Due to the economic and financial crisis they further strengthened this strategy: in the near future, they try to make Russia, CIS countries, and the area of the Balkans attractive for the domestic small and medium-sized enterprises in order the export support.