Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Eximbank to Channel Hungarian Loans Via Lenders, Nemzet Reports

Dec. 13 (Bloomberg) -- Magyar Export-Import Bank Zrt., the Hungarian state-owned lender that sold $500 million in bonds this month, plans to extend 70 percent of its loans to exporting companies through commercial banks, Magyar Nemzet reported, citing Eximbank Chief Executive Officer Roland Natran.

Euro-denominated loans, ranging in maturity from two years to 10 years, may carry an interest rate below 5 percent, Natran said, according to the newspaper. The company plans to sell 2 billion euros in bonds in the next two years to boost its loans to exporters, Nemzet said.

Link to Company News:{1064Z HB <Equity> CN <GO>}

To contact the editor responsible for this story: Zoltan Simon at zsimon@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.