Spectator on facebook

Spectator on facebook

CORPORATE BRIEFS

EXIM Bank's export loans to total 3.2 billion Sk

According to the draft of the state budget for 2000, 500 million crowns will be allocated to the trade-support bank EXIM Bank for support of Slovak exports. The volume of loans given in support of export activities in the year 2000 will rise 25% to 3.2 billion crowns, while the volume of exports the bank will support next year will reach 11.5 billion crowns.

The bank plans to insure 5.8 billion crowns worth of exports against risk. Of this figure, 3.8 billion crowns are destined to cover short-term commercial and political risks.

EXIM Bank's profit in the year 2000 is projected at 132 million crowns. The bank was founded on July 1, 1997, and its main task is to support the country's exports and imports with guarantees that businesses will not lose their money if they export to risky areas like the Russian Federation.

Top stories

Hold onto your hats - heavy storms in Slovakia continue

Summer storms cause property damage, destroy gardens and possibly the harvest

Liberation of Mosul and the fight against ISIS

The United States, Slovakia, and the entire Global Coalition will continue to support our regional partners until ISIS has been defeated and the suffering ends.

Iraqi civilians flee their homes during fighting between Iraqi security forces and Islamic State militants, on the western side of Mosul, Iraq, in March 2017.

Lúčnica leader Štefan Nosáľ dies

Štefan Nosáľ, long-time choreographer and artistic director of the Lúčnica folklore ensemble, died at the age of 90.

Štefan Nosáľ and Lúčnica

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.