Export-Import Bank of the United States

▪ United States government agency
byname  Ex-Im Bank 

      one of the principal agencies of the U.S. government in international finance, originally incorporated as the Export-Import Bank of Washington on February 12, 1934, to assist in financing the export of American-made goods and services. Its name was changed in 1968. Ex-Im Bank's headquarters are in Washington, D.C., but most operations are handled through seven regional centres.

      The bank's principal programs include direct long-term loans, credit and working capital guarantees (principally to commercial banks), short-term and medium-term loans, credit insurance, financing for the purchase of aircraft, and financing for environmental, nuclear, and other special projects. Most bank assistance has consisted of direct financing to buyers abroad of American goods and services. This assistance has taken the form of long-term credits to public or private entities for the purchase and export of capital equipment and related services, credits to foreign lending institutions for relending to local enterprises, credits to countries suffering temporary dollar shortages to maintain the flow of U.S. trade, and agricultural commodity credits. Through these programs the bank has participated in economic development projects in developing countries. In recent years it has fostered the export of environmentally beneficial goods and services and has, in some cases, minimized the effects of trade subsidies set up by other governments. Despite its name, Ex-Im Bank does not finance imports.

      The bank's loans, which are made in dollars and are repayable in dollars, are extended for specific purposes. The bank is required to encourage and supplement private capital but not compete with it. The bank is governed by a board of five directors appointed by the president of the United States. See also development bank.

* * *


Universalium. 2010.

Look at other dictionaries:

  • Export-Import Bank of the United States — Staatliche Ebene Bund Stellung der Behörde Unabhängige Behörde …   Deutsch Wikipedia

  • Export-Import Bank of the United States —   [ ekspɔːt ɪmpɔːt bæȖk ɔf ȓɪ ju naɪtɪd steɪts, englisch], Abkürzung Eximbank [ eksɪmbæȖk, englisch], 1934 im Zug des New Deal gegründetes, zunächst staatlich unabhängiges Kreditinstitut zur Förderung des Außenhandels, 1945 reorganisiert; Sitz:… …   Universal-Lexikon

  • Export-Import Bank of the United States — Infobox Government agency agency name = Export Import Bank of the United States seal width = 140px formed = February 2, 1934 headquarters = Washington, D.C. employees = 395 (2006) budget = chief1 name = James H. Lambright chief1 position =… …   Wikipedia

  • Export-Import Bank of the United States — Eximbank L Eximbank (Export Import Bank of the United States  : « Banque d import export des États Unis ») est une agence de crédit aux exportations américaine. Son objectif est de soutenir et d encourager les exportations de… …   Wikipédia en Français

  • Export-Import Bank Of The United States - Ex-Im Bank — A federal agency responsible for facilitating international trade by financing the purchase of domestic exports and providing guarantees or insurance for foreign lines of credit. The Ex Im bank was created in 1934, after congress established it… …   Investment dictionary

  • Export-Import Bank of the United States (Ex-Im Bank) — One of the principal U.S. government agencies in international finance. Originally incorporated as the Export Import Bank of Washington in 1934, its goal is to help finance U.S. exports, principally by lending money to foreign buyers of U.S.… …   Universalium

  • Export-Import Bank of the United States (Ex-Im Bank) — Uno de los principales organismos gubernamentales de EE.UU. en el ámbito de las finanzas internacionales. Se constituyó originalmente en 1934 como el Export Import Bank de Washington. Su objetivo es contribuir a financiar las exportaciones… …   Enciclopedia Universal

  • The United States of America —     The United States of America     † Catholic Encyclopedia ► The United States of America     BOUNDARIES AND AREA     On the east the boundary is formed by the St. Croix River and an arbitrary line to the St. John, and on the north by the… …   Catholic encyclopedia

  • Export-Import Bank of Japan — ▪ bank, Tokyo, Japan Japanese  Nihon Yushutsunyū Ginkō,  originally  Japan Export Bank,         one of the principal government funded Japanese financial institutions, which provides a wide range of services to support and encourage Japanese… …   Universalium

  • Title 12 of the United States Code — outlines the role of Banks and Banking in the United States Code.*: The Comptroller of the Currency *: National Banks *: Federal Reserve System *: Taxation *: Crimes And Offenses *: Foreign Banking *: Export Import Bank of the United States *:… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.