Spectator on facebook

Spectator on facebook

FOCUS SHORT

Reinsurance pact to support exports

EXIMBANKA, Slovakia's state-owned export-import bank, signed a reinsurance agreement with Oesterreichische Kontrollbank Aktiengesellschaft (OeKB), Austria’s main provider of financial and information services to the export industry and the capital market.

EXIMBANKA, Slovakia's state-owned export-import bank, signed a reinsurance agreement with Oesterreichische Kontrollbank Aktiengesellschaft (OeKB), Austria’s main provider of financial and information services to the export industry and the capital market.

The Slovak bank regards cooperation between the two institutions as very important as it marks the start of a joint process to facilitate the penetration by national exporters into the markets of third countries, the SITA newswire wrote.

Such cooperation in foreign trade has increased over the last few years. Eximbanka has signed three similar agreements. Previously it had only actively used an agreement with the Czech Export Guarantee and Insurance Corporation (EGAP).

Last year it signed reinsurance contracts with Germany’s Euler Hermes and SID bank of Slovenia.

Topic: Foreigners in Slovakia


Top stories

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.

Top stories from Last Week in Slovakia Video

Voters’ indifference affects regional votes - Can Slovaks be lured back from Britain? - Petit Press majority owner dies

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between October 20 and October 29, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

International Halloween Party

Babiš did not re-write the past

Constitutional Court decided in favour of National Memory Institute which included Andrej Babiš in its list of communist secret service confindants.

Slovak-born Czech Finance Minister Andrej Babiš