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Eximbank signs $30 mln credit agreement with Bank of Moscow

The Hungarian Export-Import Bank (Eximbank) and the Bank of Moscow signed an agreement on Wednesday to offer a framework of $30 million in loans to the City of Moscow and other local councils, as well as Russian companies to finance imports from Hungary, Eximbank announced. The loans will be available to Russian cities and companies to finance purchases of machinery and equipment made in Hungary.