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Eximbank assets could reach HUF 1,200 bln in three years

Total assets of the Hungarian Export-Import Bank could rise from HUF 190 billion last summer to HUF 1,200 billion by 2016 thanks to legislation that broadens the lender's product palette, CEO Roland Natran said in Monday's issue of business daily Világgazdaság. Parliament recently approved legislation that makes it easier for Eximbank to finance its lending activities while widening the range of these activities to which it may apply a state guarantee.