he measure will impact all funds that operate under the umbrellas of the Hungarian Development Bank (MFB) and Magyar Eximbank, Nagy said. The step aims to establish a more efficient, more effective, and faster system for getting credit, capital, and guarantees to businesses, he added.
He noted that the funds have around HUF 1 trillion in resources that have not yet been pumped into the economy.
In the future, any new state funds will be established only through the National Capital Holding Company, Nagy said.
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