export import bank of the united states

Export-Import Bank of the United States. A federally chartered bank that finances the export of goods and services by direct lending or by issuing guarantees and insurance so that private banks can extend credit. • The bank was organized by Executive Order 6581 of 2 Feb. 1934. It became independent in 1945.12 USCA §§ 635 et seq. — Often shortened to Ex-Im Bank.

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