The bank has statutory guarantee (Funding Guarantee) up to HUF 1,200 bn from the Hungarian state relating to the bank’s funding activities. Significant part of the loans provided by the bank directly to the Hungarian exporters are protected by export credit insurance from state owned MEHIB resulting in good credit quality and long-term financial stability.

As at 30 September 2017, Eximbank’s liabilities in accordance with Eximbank Act 7. § (1) a), under the Funding Guarantee represented 81.12% of the HUF 1,200 billion upper limit set by the actual Budget Act. The total amount of the liabilities under the Funding Guarantee includes the maximum amount of Notes that can be issued under the Programme (EUR 2 billion), thus any future issues of Notes under the Programme will not cause further increases in the overall utilisation level of the Funding Guarantee.

  Fitch Standard and Poor’s
Outlook Positive Positive
Long term foreign currency BBB- BBB-
Short term foreign currency F3 A-3

Investor presentation