EXIM group boosts exports, expansion

Financier works with global institutions to deepen and develop trade ties with China

The Hungarian Export-Import Bank and the Hungarian Export Credit Insurance Company, together referred to as EXIM, aim to boost ties with China, riding on the tide of the Belt and Road Initiative.

EXIM insured exports to China of up to 2.5 million euros ($2.7 million) for short-term transactions, mainly in the medical instruments sector in 2016.