EXIM Bank Quarter in Review - Winter 2016

Export-Import Bank of the United States sent this bulletin at 01/15/2016 02:44 PM EST

Message from the Chairman Fred P. Hochberg:

​Happy New Year!

I’m proud to be able to start this year off with some great news:  As many of you are aware, overwhelming bipartisan majorities in both chambers of Congress demonstrated their support for EXIM Bank’s mission in early December by voting to reauthorize the Bank through the end of Fiscal Year 2019. President Obama then signed the legislation into law on Dec. 4th.

As a result, at EXIM we are redoubling our efforts in the New Year to support American businesses as they work to expand their exports abroad and create more jobs here at home.  For example, since December 7th we’ve already approved 424 transactions, totaling approximately $1.7 billion, with most of these transactions being renewals and first time issuance of export credit insurance policies, to ensure that exporters - many of which are small businesses - have the financial security they need to ship their products overseas.
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We are reducing risk and unleashing opportunity.  And we’re excited to do more...

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