MNB clears Eximbank to open office in Moscow

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.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.