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Magyar Eximbank gets €100 mln credit line from Chinese counterpart

The Hungarian Export-Import Bank on Thursday signed an agreement with its Chinese counterpart on an interbank credit line that will offer new financing opportunities for Hungarian exports to China. China Eximbank will offer Magyar Eximbank a €100 million credit line with preferential conditions to finance exporters to China operating in Hungary as well as their Hungarian suppliers, Magyar Eximbank said.