Country trade data

• Short-term insurance products:
• Export receivable insurance
• Factoring insurance
• L/C confirmation insurance
• Medium and long-term insurance products:
• Buyer credit insurance
• Supplier credit insurance
• Supplier credit discounting insurance
• Manufacturing risk insurance
• Investment insurance
• Tied aid insurance

• The bank provides partial security for the repayment of loans granted by commercial banks to improve the international competitiveness of companies domiciled in Hungary
• Cover: Typically, 50% but cannot exceed 80% of the principal amount of the guaranteed loan
• Currency: HUF, EUR, and USD
• Amount: Minimum of HUF 50 million, EUR 150 thousand, or USD 150 thousand
• Expiry: Final maturity of the loan secured with guarantee + 15 days
• Collateral: Based on individual appraisal, and may include a pledge on current assets, mortgage on property, cash collateral, corporate guarantee, pledge on shares, etc.
• Risk premium: Determined on a case-by-case basis

• The bank offers guarantees for the fulfilment of export transactions to SMEs and large companies with export sales
• Purpose of facility includes bid (tender) guarantee, advance payment guarantee, performance guarantee, and warranty guarantee
• Cover: As per export transaction and purpose of guarantee (usually 2%–30%), but cannot exceed 80% of the value of the export contract
• Currency: EUR and USD
• Amount: Minimum of EUR 150 thousand or USD 150 thousand
• Expiry: Determined individually in line with the export transaction
• Collateral: Based on individual appraisal, and may include a pledge on current assets, mortgage on property, cash collateral, corporate guarantee, pledge on shares, etc.
• Risk premium: Determined on a case-by-case basis

• Buyer credit financing for the purchase of goods and/or services of Hungarian origin supplied under a commercial contract concluded between Hungarian exporters and their foreign buyer
• Facility is typically secured by MEHIB insurance policy
• Amount: Minimum of EUR 1 million or USD 1 million
• If a transaction exceeds EUR 20 million, Eximbank typically provides the credit in a co-financing arrangement with the involvement of commercial bank(s)
• Currency: EUR, USD
• Tenor:
• Minimum of 2 years and maximum of 10 years, as allowed by OECD Arrangement
• A tenor of less than 2 years must be approved on an individual basis
• Interest rate:
• Medium and long-term: Fixed at minimum CIRR
• Short-term: Floating, based on EURIBOR or USD LIBOR + margin
• Eximbank will finance 85% of the supply contract value, and requires a minimum 15% down payment
• Content requirements:
• Goods and services greater than 50% Hungarian
• Construction and installation greater than 25% Hungarian
• Other financial modalities:
• Interbank buyer credit provides credit to the buyer’s bank, which on-lends proceeds to the buyer
• Project risk buyer credit
• Tied aid

• Export Promotion Credit Program: Assists Hungarian exporters and their suppliers in fulfilling their orders and implementing the necessary developments and investments
• The financial constructions of the Export Promotion Program can be accessed directly via Eximbank or via Hungarian financial institutions
• Discounting facilities: Purchases deferred-payment receivables arising from export supply
• Direct export pre-financing: Provides small, medium, and large corporations with financing for the period prior to the export shipment of goods or services

• Certification of Hungarian content is required for all supported transactions

• OECD compliance, and additional environmental and social policies specific to Eximbank

• Adheres to anti-corruption policy

• Data protection policy (in compliance with GDPR)

• Anti-money laundering and anti-terrorist financing policy

• 2024: The agency reviewed and updated its Green Finance Framework