Export-Import Bank of the United States
The Export-Import Bank assists in ?nancing the export of U.S. goods and services to
international markets.
The Export-Import Bank of the United States (Ex-Im Bank), established in 1934,
operates as an independent agency of the U.S. Government under the authority of the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635 et seq.). Its
Board of Directors consists of a President and Chairman, a First Vice President and
Vice Chair, and three other Directors. All are appointed by the President with the
advice and consent of the Senate. Ex-Im Bank’s mission is to help
American exporters meet governmentsupported ?nancing competition from
other countries, so that U.S. exports can compete for overseas business on the
basis of price, performance, and service, and in doing so help and sustain U.S.
jobs. The Bank also ?lls gaps in the availability of commercial ?nancing for
creditworthy export transactions. Ex-Im Bank is required to ?nd a
reasonable assurance of repayment for each transaction it supports. Its legislation
requires it to meet the ?nancing terms of competitor export credit agencies, but
not to compete with commercial lenders. Legislation restricts the Bank’s operation
in some countries and its support for military goods and services.
Activities
Ex-Im Bank is authorized to have loans, guarantees, and insurance outstanding
at any one time in aggregate amount not in excess of $100 billion. It supports
U.S. exporters through a range of diverse programs. These programs are offered
under four broad categories of export ?nancing: working capital guarantees,
export credit insurance, loan guarantees, and direct loans.
Ex-Im Bank initiated several changes to enhance its support to small business.
It created a new position, Senior Vice President for Small Business, who
reports directly to the Bank’s President and Chairman. In addition, the Bank’s
regional of?ces are now dedicated exclusively to small business outreach
and support. The Bank also established a Small Business Committee to coordinate,
evaluate, and make recommendations on Bank functions necessary for a successful
small business strategy.
Regional Offices
The Export-Import Bank operates ?ve regional of?ces. Internet, www.exim.gov/
contact/contactus.cfm.
For further information, contact the Export-Import Bank, Business Development Office, 811 Vermont Avenue NW., Washington, DC 20571. Phone, 202–565–3946 or 800–565–3946. Internet, http://www.exim.gov.
Export Import Bank Of The United States in State Statute Topics
Introduction to Export-Import Bank Of The United States (State statute topic)
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Finding the law: Export Import Bank of the United States in the U.S. Code
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Export-import Bank of the United States
In Legislation
Export-import Bank of the United States in the U.S. Code: Title 12, Chapter 6A
The current, permanent, in-force federal laws regulating export-import bank of the united states are compiled in the United States Code under Title 12, Chapter 6A. It constitutes “prima facie” evidence of statutes relating to Banking Law (including export-import bank of the united states) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Export-Import Bank of The United States, Exports and Imports of the US Code, including export-import bank of the united states) by chapter and subchapter.
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