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Export Situation – Through the Eyes of the Timber Industry

Both FALCO Zrt., a leading actor in the Hungarian chipboard and laminate board production industry, and HAMUHÁZA Kft. who produces logs, work mainly for the export markets. Both of them supply dominantly to Central Europe, but this is not their only common feature: both companies are open to professional financial solutions.

As it has cleared out in the double-interview that they gave to portfolio.hu, their point of view is very similar regarding the risks of foreign trade: in the case of deferred payments, neither of them supply without export-credit insurance. This is partly due to previous unpleasant experience of non-payments, partly to the relatively high value of the shipments, and partly to the considerations of prudence and prudent management.

As the article shows, FALCO has been cooperating with EXIM since 2008, and HAMUHÁZA has contracted export credit insurance for the first time this year. ’We have insured our existing export markets with the help of EXIM, because they were able to cover the risks even in those export relations where private insurers do not work. Thanks to this solution we have become able to handle the payment risks of our existing customers, and it boosts the further expansion of our export, as well’ explained the CEO of FALCO in the interview.

The full text of the interview can be read here.

FALCO Zrt

Eximbank Zrt.

Cégjegyzékszáma:
01-10-042594, bejegyezve a Fővárosi Törvényszék, mint Cégbíróság által

Adószám:
10949638-2-44

Bankszámlaszám:
14800016-06000008-11111128
S.W.I.F.T. kód: HEXI HU HB 

MEHIB Zrt.

Cégjegyzékszáma:
01-10-042595, bejegyezve a Fővárosi Törvényszék, mint Cégbíróság által

Adószám:
10949621-2-44

Bankszámlaszám:
10918001-00000001-04530003

1065 Budapest, Nagymező u. 46-48. Tel.: +36 (1) 374 9100, +36 (1) 374 9200, Fax: +36 (1) 269 1198 E-mail: exim@exim.hu © 2019 EXIM Minden jog fenntartva

Eximbank Plc.

Bank account number: 
14800016-06000008-11111128
S.W.I.F.T. kód: HEXI HU HB 

MEHIB Plc.

Bank account number: 
10918001-00000001-04530003

H-1065 Budapest, Nagymező street 46-48. Phone: +36 1 374 9100, +36 1 374 9200 Fax: +36 1 269 4476, +36 1 269 1198 E-mail: exim@exim.hu © 2019 EXIM All rights reserved

ЗАО «Эксимбанк»

Номер банковского счёта: 
14800016-06000008-11111128
S.W.I.F.T. kód: HEXI HU HB 

ИНН: 10949638-2-44

ЗАО «МЕХИБ»

Номер банковского счёта: 
10918001-00000001-04530003

ИНН: 10949621-2-44

1065 Будапешт, ул. Надьмезё д.46-48. Тел.: +36 (1) 374 9100, +36 (1) 374 9200, Факс: +36 (1) 269 1198 Электронный адрес: exim@exim.hu
© 2019 EXIM Все права защищены

Teljes kamat mátrix
Hiteligénylő vállalkozás mérete és a hitel devizaneme Ügyfélkamat
1. év 2-3. év 4-6. év
KKV EUR 0,10% 0,19% 0,69%
  HUF forgóeszköz 720 M alatt 0,10% 0,10%  
  HUF 0,55% 0,80% 1,30%
  USD* 2,25% 2,50% 3,00%
NV EUR 0,19% 0,69% 1,69%
  HUF 0,80% 1,30% 2,30%
  USD* 2,50% 3,00% 4,00%
* 2020. január 1-re jegyzett 12 havi USD LIBOR

grafikon900m

Dear Clients,

We would like to draw your attention to the fact that the deadline for the conclusion of our Compensation Loan, Compensation Loan Protection and Compensation Insurance Program contract has been extended to 30 June 2021.  

With the aim to mitigate the economic damage caused by the COVID pandemic, the European Commission has extended the validity of the Commission Communication originally adopted on 19 March 2020. Accordingly, the contracting deadline under our Compensation Loan, Compensation Loan Protection and Insurance Program has been extended to 30 June 2021. The deadline for the submission of applications is 15 June 2021; all other terms and conditions remain unchanged.

Detailed information about our Compensation Program Package can be viewed and downloaded here.

Best regards,
EXIM
exim@exim.hu

The summary of the relevant decision of the European Commission and the official communication of the European Commission are available on the website of the State Aid Monitoring Office: here and here.