EXIM is the official export credit agency of Hungary, the only domestic bank and insurer specifically focusing on international trade, foreign market expansion and investments. EXIM Hungary is the joint entity of two legal persons, the state-owned Hungarian Export-Import Bank Plc. (Eximbank Plc.) and the Hungarian Export Credit Insurance Plc. (MEHIB Plc.) operating within an integrated framework which allows us to provide both financing and insurance facilities.
EXIM Hungary provides a stable financial background for Hungarian export companies, their suppliers and enterprises planning to export with foreign trade-related credit services and risk-insurance products of the highest international standard that promote the expansion and success of their activities. With our knowledge and experience acquired over our more than 25-year operation, we have helped to get Hungarian products and services to nearly 150 countries around the world.
Our mission is to support Hungarian enterprises as a financial engine that helps drive the success of domestic exporters in foreign markets and to deliver a kind of passport to businesses to promote their foreign market success with financial solutions. EXIM Hungary is one of the 84 export credit agencies of the world and thus - being the Hungarian player in the global institutional system - our operation is governed by the relevant provisions of the OECD and the European Union. We facilitate the successful sale of Hungarian goods and services in foreign markets through the provision of effective and specialised financing and insurance facilities.
Therefore, we aim to cover the entire sphere of export activities with our banking and insurance services and products – such as current assets, investments or equity financing through our Hungarian and international investment funds, buyer credit, discounting, export credit insurance, loan and commercial guarantees – from supplier processes prior to export through manufacturing and production to entry and sales on the foreign markets.
EXIM Hungary ended the year of 2020 with a lending portfolio exceeding HUF 1100 billion. Nearly 90% of our clients are active in the SME segment. Our key account customers are domestic commercial banks through which – in strategic cooperation - we primarily finance our customers applying a refinancing scheme, the proportion of which exceeds 70% of our total lending portfolio. EXIM Hungary – similarly to commercial banks – manages resources from money markets in the broader sense in addition to the capital provided by the owner and finances its operation from domestic and international bond issues and bilateral loans.