Gábor Szőcs, Director of Eximbank, drew attention to its export credit programme, which provides favourable export financing to SMEs. The budget for the programme in 2012 totalled EUR 150 million, in 2014 it was EUR 1 billion, and it can increase further in the future.
Mr. Szőcs said that there are also cooperation agreements with three Turkish banks, including Türk Eximbank, with which an investment fund of EUR 50 million will be set up in the near future. He added that next year Eximbank plans to launch programmes for improving micro-credit and international competitiveness.
At the economic forum, Hungary’s Ambassador to Ankara Gábor Kiss drew Hungarian companies’ attention to the fact that Turkey has in place a development plan comprising large-scale projects for completion by 2023, the 100th anniversary of the foundation of the Republic of Turkey. He said that Hungarian companies could be active in the Turkish market in several sectors – energy, food and agriculture, machinery and automotive manufacturing, waste and water management, environmental protection and information technology – and could participate in Turkey’s privatization process.
(Ministry of Foreign Affairs and Trade)
From:http://www.mkik.hu