Export-import Bank


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Export-import Bank (Ex-IM Bank)

The U.S. federal government agency that extends trade credits to U.S. companies to facilitate the financing of U.S. exports.

Export-Import Bank

The United States government's export credit agency, which extends credit to American exporters. The ExIm Bank also provides guarantees and insurance for exports. Unlike some other export credit agencies, it is not allowed to compete with private banks; it simply extends credit for transactions that would not otherwise receive it. Like other export credit agencies, however, the ExIm Bank is controversial; critics allege that ECAs negatively impact international development as developing countries cannot compete with such insured exports. Proponents of ECAs argue that they enable developing countries to import products they otherwise would not be able to afford.
References in periodicals archive ?
This is a billion dollar deal and it never would have happened if the Export-Import Bank hadn't provided this financing for the customer.
The Export-Import Bank is an independent federal agency that helps create and maintain U.
With 95% of the world's customers outside the United States, the value of exporting has become increasingly clear," said Export-Import Bank Chairman and President Fred P.
The Export-Import Bank is a self-sustaining federal agency that provides export financing to strengthen U.
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) concluded its 10th Annual General Meeting at the Palais des Nations, Geneva, Switzerland with the election of Roberts U Orya, the MD/CEO of the Nigerian Export-Import Bank (NEXIM) (http://neximbank.
The agreement was signed by Chairman and President of the Export-Import Bank of China, Mr.
Patty Murray called for Congress to reauthorize the Export-Import Bank during a tour of Esterline's Everett facility April 10, where more than 600 workers manufacture cockpit hardware for Boeing Co.
Nigeria-based Access Bank says that it has extended its portfolio and strategic relationships with major DFIs through being granted a $30m trade finance facility by the Export-Import Bank of China (China EximBank).
Summary: Grenada is seeking debt relief from Libya and assistance to repay a number of loans to the Export-Import Bank of the Republic of China in Taiwan, Finance Minister Nizam Burke has announced.
BluePhoenix Solutions (NASDAQ: BPHX), a leader in value-driven IT legacy modernization solutions, has announced that it has completed a major IT modernization project for Export-Import Bank of the United States ("Ex-Im Bank").
The Export-Import Bank of the United States is an independent executive agency and a wholly-owned U.
James Lambright, the Chairman of the Export-Import Bank of the United States will highlight the importance of the United State's role in promoting trade and development with the Arab world at the 3rd biennial U.