Raiffeisen provides a large amount of credit to Eximbank

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In addition to the capital provided by the owner, Eximbank finances its lending activities from funds from the broader money market, market-based credit agreements and bond issues with international institutions and commercial banks.

In order to refinance its maturing funds, it announced a tender in January 2022, as a result of which Raiffeisen Bank will provide a HUF 25 billion loan to Eximbank for general purpose funding.

Raiffeisen Bank Zrt. And Eximbank have had many years of business relations, and the two credit institutions are cooperating in several areas. Raiffeisen Bank Zrt. Is one of Eximbank’s largest credit institution partners in the field of refinanced loans.

In order to ensure its significant lending activity, Eximbank is constantly renewing its maturing funds in accordance with its annual financing plan. The current tender also served this purpose, for which the offer of Raiffeisen Bank Zrt. Was accepted by Eximbank. Raiffeisen Bank Zrt. Provided Eximbank with significant funds in the form of bilateral loans on several occasions prior to the current agreement, and from January 2022 it also joined Eximbank in the role of distributor.

Source: Portfolio.hu – Bank by www.portfolio.hu.

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