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Oct 11, 2018

Magyar Eximbank signs cooperation agreement with Turk Eximbank

Hungary’s Eximbank has set up a pool of 420 million USD to boost bilateral economic cooperation

Magyar Eximbank has signed a cooperation agreement with Turk Eximbank, it has been announced.

Under the agreement, the lenders will regularly exchange information on the economic situation of their countries as well as business opportunities.

According to MTI, the agreement also covers joint financing solutions and Hungarian-Turkish business partnerships in third countries.

Yesterday it was revealed that Hungary’s Eximbank has set up a pool of 420 million USD to boost bilateral economic cooperation.