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 31 December 2018, Eximbank’s liabilities in accordance with Eximbank Act 7. § (1) a), under the Funding Guarantee represented 62,56% of the HUF 1,200 billion upper limit set by the actual Budget Act.
|Fitch||Standard and Poor’s|
|Long term foreign currency||BBB||BBB|
|Short term foreign currency||F2||A-2|