--%>

Purpose of Export-Import Bank

State the purpose of Export-Import Bank?

E

Expert

Verified

Export-Import Bank or EXIM bank of United States was founded to be an independent government agency that facilitate and finance U.S. export trade.  EXIM bank’s purpose is to offer
does finance in conditions where the private financial institutions are not able or unwilling as:

a) Loan maturity was too long;

b) Amount of loan was really too large;

c) Loan risk was too great; and,

d) Where the importing firm had difficulty in obtaining the hard currency for payment.  In order to meet its objectives, EXIM bank offers service through three types of programs:  direct loans to the borrowers of foreign, loan guarantees, and the credit insurance.

   Related Questions in Financial Accounting

  • Q : Digital Image Processing Homework Using

    I am just trying your services to get one very small project done for Digital Image Processing Homework Using Matlab.I need the code and the approach of the code.The Homework is :A. Import a color image.B. Convert color image to gray-level image.C. create

  • Q : What are equipment expenses What is

    What is equipment expense or what are equipment expenses?

  • Q : Pre-requisites for accomplishment of

    Write down the pre-requisites for triumphant accomplishment of uniform costing?

  • Q : Quick establishment of the interest

    If cost advantage of the interest rate swaps might likely be arbitraged away within the competitive markets, what other explanations exists in order to describe quick establishment of interest rate swap market?

  • Q : World beta concept of a security

    Explain the world beta concept of a security.

  • Q : Case study of an Operational-Strategy

    Develop a case study of the Operational-Strategy interface as it applies to organisational change (last 3-5 years) within your organisation, together with a project implementation case study .You are required to detail the operational chan

  • Q : Commercial bank problems Select the

    Select the right answer of the question. Assume that, for every 1-percentage point decline of the discount rate, commercial banks collectively borrow an additional $2 billion from Federal Reserve banks. Also suppose that reserve ratio is 20 percent. If the Fed incre

  • Q : Explain international Fisher effect

    Explain and also derive international Fisher effect.

  • Q : International financial management

    Explain the importance in studying the international financial management?

  • Q : Define status and role Define status

    Define status and role, explain the difference between the two, provide illustrations.