Export–Import Bank of the United States

From Simple English Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Export–Import Bank of the United States
Seal of the United States Export-Import Bank.svg
Agency overview
FormedFebruary 2, 1934; 87 years ago (1934-02-02)
HeadquartersLafayette Building
Washington, D.C.
Employees402 (2013)
Agency executive
Websitewww.exim.gov

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]

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 | change source]

  1. 1.0 1.1 1.2 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.CS1 maint: uses authors parameter (link)
  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. 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 | change source]