--%>
Assignment Help - homework help

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 : Difference between Finance and Accounts

    What are the basic differences between Finance and Accounts?

    		•
  • Q : Current and capital account deficit

     Exhibit 3.3 states that in year 1991, the U.S. had current account deficit and consecutively a capital account deficit. Explain about how this may occur?

    		•
  • Q : Benefits for a company to cross-list

    Explain the benefits you can think of for a company to (a) cross-list its equity shares on more than one national exchange, and, (b) to source new equity capital from foreign investors as well as domestic investors.

    		•
  • Q : Interest rate Give me answer of this

    Give me answer of this question. The prime interest rate usually: A) rises when the Federal funds rate rises. B) rises when the discount rate falls. C) falls when the Federal funds rate rises. D) falls when the Fed sells bonds in the open market

    		•
  • Q : What do you mean by the term turnover

    What do you mean by the term turnover?

    		•
  • Q : Contingent exposure and its benefits

    Describe the contingent exposure and also discuss some of the benefits of using currency options in order to maintain this type of currency exposure.

    		•
  • Q : Accountant & Financial In Business

    Questions 1. Identify the services or programs to be included in the cost and profitability analysis. 2. Examine the costs listed in Table 2. a. Identify the direct costs associated with each service or program. b. Which costs would be organization

    		•
  • Q : Legal Reasoning and Writing This

      This exercise does not require you to do any research, and does not require you to cite to any references or external materials.  Do not include any constitutional arguments. Like many legal and policy questions

    		•
  • Q : Case study of Espresso Tax Seattle is

    Seattle is currently considering a 10-cent tax on espresso drinks to pay for pre-school and day-care programs. The legislation’s sponsor, Rep. Burbank, argues that people who spend $3-5 on exotic espresso based coffee drinks can afford – and will be &ldquo

    		•
  • Q : Small talk Define small talk and

    Define small talk and discuss its role in developing the relationship.

    		•