MNB clears Eximbank to open office in Moscow

Int’l 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 regulatorʼs website shows. 

Hungaryʼs foreign minister Péterr Szijjártó 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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