Export–Import Bank of the United States

American public bank

The Export–Import Bank of the United States (abbreviated as Ex-Im Bank or the Bank) is the official export credit agency (ECA) of the United States Federal Government.[1][2]

Export–Import Bank of the United States
Agency overview
FormedFebruary 2, 1934; 90 years ago (1934-02-02)
HeadquartersLafayette Building
Washington, D.C.
Employees402 (2013)
Agency executive
Websitewww.exim.gov

Operating as a wholly owned federal government corporation,[1] the Bank "assists in financing and facilitating U.S. exports of goods and services".[1] Under its charter, the Bank does not compete with private sector lenders, but rather provides financing for transactions that would otherwise not occur because commercial lenders are either unable or unwilling to accept the political or commercial risks inherent in the deal.

Its acting chairman and president is Charles J. Hall, awaiting the nomination and confirmation of a replacement for former chairman and president Fred Hochberg.[3][4]

References change

  1. 1.0 1.1 1.2 Export-Import Bank: Frequently Asked Questions (PDF). Congressional Research Service (Report). April 13, 2016. p. 72. Retrieved April 21, 2017. {{cite report}}: Cite uses deprecated parameter |authors= (help)
  2. "The Facts about Ex-Im Bank". Export–Import Bank of the United States. Archived from the original on August 6, 2013. Retrieved August 7, 2013.
  3. "Ex-Im Bank History". Export Import Bank of the United States. Archived from the original on January 23, 2015. Retrieved March 18, 2017.
  4. "Ex-Im Bank History". Export Import Bank of the United States. Archived from the original on January 23, 2015. Retrieved August 7, 2013.

Other websites change