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Export-Import Bank of the United States (EXIM)United States
Created before Nov 2016
Last update: 2017-11-15 14:30:17
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About Export-Import Bank of the United States (EXIM)
Lafayette building, head office of US Exim Bank in Washington. Photo: AgnosticPreachersKid via Wikimedia Commons (CC BY-SA 3.0) The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. The agency was originally organised as a District of Columbia banking organisation in February 1934, by the name of Export-Import Bank of Washington and intended to boost national exports. The US Congress turned it into an independent agency in 1945. In March 1968 further legislation changed the name into Export-Import Bank of the United States. EXIM became a self-funding agency in 2007.
As an export credit agency, the EXIM Bank fills export financing gaps through its loan, guarantee, and insurance programs when the private sector is unable or unwilling to do so. It also provides export credit insurance, working capital, loan guarantees and direct loans. In the fiscal 2016 US EXIM authorized a total of USD 5 billion of financing.
The Export-Import Bank of the United States adopted the Equator Principles in 2011. This financial institution is profiled as part of our Equator Principles Track and Chase Project.
| Website | http://www.exim.gov/ |
| Headquarters |
811 Vermont Avenue
NW 20571 Washington DC
United States
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| CEO/chair |
Charles J. Hall Chairman & President |
| Supervisor | |
| Annual reports |
Approved transactions (Category A) Approved transactions (Category B) Annual report FY 2016 |
| Ownership |
The Export-Import Bank US is a wholly-owned US government corporation. |
Related Dodgy Deals
Export-Import Bank Of The United States (EXIM) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
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Projects
Active
Kusile coal power plant South Africa
Active
Long Phu I coal power plant Vietnam
There are no projects active for Export-Import Bank of the United States (EXIM) now.
On record
Alpha Coal mine Australia
On record
Baku-Tbilisi-Ceyhan oil pipeline - international -
On record
Camisea pipeline project Peru
On record
Great Barrier Reef Coal & Gas Exports Australia
On record
Liquified Natural Gas (LNG) project Papua New Guinea
On record
Sasan ultra mega coal power project (UMPP) India
On record
SOCAR Aegean Refinery Turkey
Dodgy Deals map
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Voluntary initiatives
Export-Import Bank of the United States (EXIM) has committed itself to the following voluntary standards:Issues
Export-Import Bank of the United States (EXIM) and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Export-Import Bank of the United States (EXIM) adopted the Equator Principles in 2011.
Reporting on the Equator Principles
Export-Import Bank of the United States (EXIM) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Export-Import Bank of the United States (EXIM) is in compliance with its reporting obligations. The 2016 report can be found here.
Dodgy Deals
Export-Import Bank of the United States (EXIM) is involved in financing the following Equator Principles projects that BankTrack considers controversial.
There are no projects active for Export-Import Bank of the United States (EXIM) now.
On record
Alpha Coal mine Australia
On record
Baku-Tbilisi-Ceyhan oil pipeline - international -
On record
Camisea pipeline project Peru
On record
Liquified Natural Gas (LNG) project Papua New Guinea
On record
SOCAR Aegean Refinery Turkey
Equator Principles
Implementation and reporting
Export-Import Bank of the United States (EXIM) is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
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