The objective of the Hungarian Export-Import Bank Plc. (Eximbank) and the Hungarian Export Credit Insurance Plc. (MEHIB) is to serve Hungarian exporters through the provision of effective financing and insurance facilities. Acting as a tool for providing economic-policy incentive, the mission of Eximbank and MEHIB is to support Hungarian exporting enterprises in facilitating the retention of jobs, growth in employment and an expansion of Hungary’s export capacities. The state-owned Eximbank and MEHIB perform the tasks of Hungary’s export credit agency, which are regulated by the legislative frameworks of the OECD and the EU, with the basic objective of facilitating the sale of Hungarian goods and services in foreign markets. The Bank and the Insurer, which operate within an integrated framework, carry out their duties with a shared organisation and corporate identity, under the name of EXIM.

EXIM’s objective is – while assessing and channelling the needs of exporters – to provide a coherent range of lending, guarantee and insurance products that cover the entire spectrum of export activity, from production through manufacturing to the support of the sales process. With its new products it is also capable of providing financing and insurance for the supplier processes and chains that precede the export activity proper. Another task of Eximbank and MEHIB is to facilitate growth in export-oriented investments and capital projects. In this way business enterprises can be motivated, as partners, to have an interest in boosting their existing production capacities, and to be able to expand their product range and target additional export markets.

In December 2012 Eximbank set up an international bond issuance program. As a result of the successful bond issue, besides the state backing required for the achievement of strategic objectives, the stable and favourable structure of funds necessary for the financing activity is now ensured, in its entirety, by market resources. EXIM is not a competitor to Hungary’s commercial banks, but seeks to forge strategic partnerships with the financial institutions, collaborating with them in offering loans to exporting enterprises at favourable interest rates, in the form of refinancing credit lines. EXIM focuses particularly on financing and insuring risks that the commercial banks are unable to take on.

The Foreign Economic Strategy of the Hungarian Government gives priority to supporting domestic export activity and seeking out new export markets. The aim is to enable enterprises operating in Hungary, by providing incentives for the export of Hungarian goods and services, to leverage their export opportunities as fully as possible, boosting their competitiveness in foreign markets. The means at EXIM’s disposal make it possible to widely fulfil this objective.