Exim bank


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Exim bank

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 ?
We have maintained growth over the last decade but I think it will now be challenging because we are not seeing an increase in shipbuilding activities in China this year," said Li Xiang, deputy director, transport finance department, China Exim Bank.
BANKING AND CREDIT NEWS-June 13, 2011--China's Exim Bank ready to provide yuan-denominated loans to Kazakhstan(C)2011 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-June 13, 2011--China's Exim Bank ready to provide yuan-denominated loans to Kazakhstan(C)2011 M2 COMMUNICATIONS http://www.
Global Banking News-February 22, 2011--India's Exim Bank plans to raise INR1.
Issuing a statement here in New Delhi, Exim Bank revealed, Exim Bank has extended a term loan of $1.
A formal request for extension of loan limit by PIA was made on Wednesday during a meeting held in Karachi between Chief Operating Officer (COO) PIA Bernd Hildenbrand with Chairman and President of Exim Bank Fred Philip Hochberg.
6 percent ordinary shares of Imperial Bank (Uganda), formerly held by Imperial Bank (Kenya), to Exim Bank (Tanzania) Ltd.
He said that Exim Bank is looking forward to working with Pakistan on projects of mutual benefit to both countries, in continuation of an established age-old relationship.
In what could give a major boost to India's growing economic influence across Asia and Africa the Exim Bank of India aims to increase Indian project exports to $50 billion within the next five years from the current levels of $ 27 billion.
Exim Bank plays an important role in implementing India's foreign trade policy.
Global Banking News-February 11, 2011--India's Exim Bank plans Samurai bond(C)2011 ENPublishing - http://www.
XL Catlins Political Risk, Credit and Bond (PRCB) Insurance team will be participating in the Annual EXIM Bank Conference in Washington D.