MNB clears Eximbank to open office in Moscow

Int鈥檒 Relations

The National Bank of Hungary (MNB) yesterday cleared the establishment of an office of the Magyar Export-Import Bank in Moscow, a resolution published on the central bank and financial market regulator始s website shows.聽

Hungary始s foreign minister P茅terr Szijj谩rt贸 said last week that Eximbank would set up an office in Moscow and open a $289 mln credit line for Hungarian SMEs doing business in Russia.

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