Export–Import Bank of the United States
|Export–Import Bank of the United States|
|Formed||February 2, 1934|
|Agency executive||Charles J. Hall, Acting Chairman and President|
Operating as a wholly owned federal government corporation, the Bank "assists in financing and facilitating U.S. exports of goods and services". 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.
References[change | change source]
- Shayerah Ilias Akhtar, David H. Carpenter, Grant A. Driessen, and Julia Taylor (April 13, 2016). Export-Import Bank: Frequently Asked Questions (PDF). Congressional Research Service (Report). p. 72. Retrieved April 21, 2017.
- "The Facts about Ex-Im Bank". Export–Import Bank of the United States. Retrieved August 7, 2013.
- "Ex-Im Bank History". Export Import Bank of the United States. Retrieved March 18, 2017.
- "Ex-Im Bank History". Export Import Bank of the United States. Archived from the original on January 23, 2015. Retrieved August 7, 2013.