Eximbank lending stock reaches HUF 1.1 tln
Magyar Eximbank's loan book reached more than HUF 1.1 trillion at the end of 2020, chairman-CEO Gergely Jákli said in an interview published in yesterday's issue of business daily Világgazdaság.
Jákli noted that new outlays to almost 1,500 borrowers came to HUF 467.5 billion. More than HUF 350 bln of those were made in the period after July, he added.
Magyar Eximbank's stock of export credit insurance reached HUF 425 bln last year, and it's portfolio of equity investments stood at HUF 92 bln, he said. About 40% of Magyar Eximbank's clients are not participating in a blanket moratorium on loan repayments introduced to ease the economic impact of the coronavirus crisis, he added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.