Posts

Showing posts with the label EX-IM Bank | Press Release.

Ex-Im Bank | Press Release - April 14, 2014: Ex-Im Bank and MBDA Announce Expansion of its Partnership.

Image
Ex-Im Bank and MBDA Announce Expansion of its Partnership Washington, D.C. – The Minority Business Development Agency (MBDA) and the Export-Import Bank of the United States (Ex-Im Bank) have announced an expansion of their partnership to help small minority- and women-owned export businesses obtain loans so they can have greater access to foreign markets. MBDA Business Centers in Miami, Los Angeles, Detroit, and Phoenix can now process loan applications for export financing as Originators for the Ex-Im Bank’s Global Credit Express program, designed to help small businesses that do not enjoy access to conventional financing markets. " Ex-Im Bank welcomes the MBDA Business Centers in Miami, Los Angeles, Detroit, and Phoenix to the growing list of Originators for the Global Credit Express (GCE) Direct Loan Program ," said Ex-Im Bank Chairman and President Fred P. Hochberg. " The success of the GCE Program is based on knowledgeable referral sources like ou

Ex-Im Bank | Press Release - April 11, 2014: Ex-Im Bank Signs $100 Million Agreement with PTA Bank.

Media Contact: Lawton King (202-565-3200) For Immediate Release: Friday, April 11, 2014 Ex-Im Bank Signs $100 Million Agreement with PTA Bank Washington, DC – Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States (Ex-Im Bank), and Admassu Tadesse, president and chief executive of the Eastern and Southern African Trade and Development Bank (PTA Bank), signed a $100 million memorandum of understanding (MOU) at a conference hosted by the U.S. Chamber of Commerce at the GE “Garage” here yesterday. “Yesterday we reached an agreement to work with members of the sub-Saharan African Diaspora community in America who wish to export U.S. goods and services to their home countries. The agreement aligns with the White House’s ‘U.S. Strategy Toward sub-Saharan Africa,’ which focuses on growth in the region,” said Chairman Hochberg. “By engaging Diaspora-owned businesses, the arrangement will help U.S. companies capitalize on unique opportunities abroad

EX-IM Bank | Press Release - April 14, 2014: Ex-Im Bank Names Annette Maresh VP for Trade Finance Division

Friday, April 11, 2014 FOR IMMEDIATE RELEASE Media Contact: Steve Horning, (202) 565-3200 Ex-Im Bank Names Annette Maresh VP for Trade Finance Division WASHINGTON, D.C. – The Export-Import Bank of the United States (Ex-Im Bank) today announced that Annette Maresh has been promoted to Vice President for Trade Finance, making permanent the role she has been filling. The  Trade Finance Division  administers more than a dozen insurance and loan guarantee products. In her new role, Maresh oversees a staff of 50 and an annual transaction portfolio of more than $5 billion. “Annette Maresh has excelled at managing both large and small export transactions that support American jobs,” said Ex-Im Bank Chairman and President Fred P. Hochberg. “Her skill in keeping deals on track means that we can handle an increasing number of applications which result in more U.S. export sales and a healthier domestic economy.” Maresh joined the Asset Management Division of the Export-Import Bank in 200

U.S. Export - Import Bank ( EX - IM Bank) | Press Release - April 3, 2014: Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports.

Image
Media Contact: Lawton King (202-565-3200) For Immediate Release: Thursday, April 3, 2014 U.S. Exports Reach $190.4 Billion in February Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports Washington, D.C. – The United States exported $190.4 billion of goods and services in February 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. “The world continues to choose products stamped ‘Made in America,’ as February’s trade numbers show,”  said Export-Import Bank Chairman and President Fred P. Hochberg.  “Ex-Im Bank’s support of U.S. exporters has helped them seal deals abroad and support vital jobs here at home, all the while generating billions of dollars for taxpayers.” Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 44.5 percent above the level of exports in 2009, and have been growing at an annualized rate of 9.2 percent when compared to 2009. During

EX-IM Bank | Press Release: Ex-Im Bank Names James Burrows as new Senior Vice President for the Small Business Group

Media Contact: Lawton King (202-565-3200) For Immediate Release: Wednesday, March 5, 2014 Ex-Im Bank Names James Burrows as new Senior Vice President for the Small Business Group Washington, D.C. – The Export-Import Bank of the United States (Ex-Im Bank) announced today that James G. Burrows, Jr. has been named the new Senior Vice President for the Bank’s Small Business Group. “Jim is a seasoned professional with public and private expertise in the field who will lead Ex-Im Bank’s continued commitment to small business,”  said Ex-Im Bank Chairman and President Fred P. Hochberg.  “In 2013, The Bank financed a record number of small businesses, helping to support thousands of jobs. Jim has been a terrific addition to the Bank and will undoubtedly help us reach even more small businesses in the future in his new role.” Burrows joined the Bank in October of 2012 as Vice President of Small Business Sales and Marketing and has been Acting Senior Vice President since October. His res

EX-IM Bank | Press Release February 06, 2014: Ex-Im Bank Opens for Short-Term and Medium-Term Financing in Burma

Image
Media Contact: Daniel Reilly (202-565-3200) For Immediate Release: Thursday, February 6, 2014 Ex-Im Bank Opens for Short-Term and Medium-Term Financing in Burma Washington, D.C. – The Export-Import Bank of the United States (Ex-Im Bank) announced today that it will open for business in Burma to help finance short-term and medium-term U.S. export sales. “Today the Export-Import Bank is sending a strong signal that we are committed to strengthening economic ties with Burma as the nation continues its transition,” said Ex-Im Bank Board Chairman and President Fred Hochberg. “After a diligent review, the Bank's Board reached this decision--which will improve trade flows between our two countries and help reintegrate Burma into the global economy. Furthermore, this decision will open an important new market for American exports and support American jobs.” Ex-Im Bank can now provide export-credit insurance, loan guarantees and direct loans for creditworthy export sales to