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Export-Import Bank of the United States (EXIM)United States
Created before Nov 2016
Last update: 2018-11-19 14:45:20
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Lafayette building, head office of EXIM Bank US in Washington. Photo: AgnosticPreachersKid via Wikimedia Commons (CC BY-SA 3.0) About Export-Import Bank of the United States (EXIM)
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 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 1968 further legislation changed the name into Export-Import Bank of the United States. EXIM became a self-funding agency in 2007. 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. 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
|
| CEO/chair |
Jeffrey D. Gerrish Chairman & President |
| Supervisor | |
| Annual report | Annual report 2017 |
| 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.
Projects - active profiles
Kusile coal power plant South Africa profile
Mozambique LNG Mozambique profile
There are no active projects for Export-Import Bank of the United States (EXIM) now.
Projects - on record profiles
Baku-Tbilisi-Ceyhan oil pipeline Azerbaijan profile
Camisea pipeline project Peru profile
Great Barrier Reef Coal & Gas Exports Australia profile
Liquified Natural Gas (LNG) project Papua New Guinea profile
Long Phu I coal power plant Vietnam profile
Sasan ultra mega coal power project (UMPP) India profile
SOCAR Aegean Refinery Turkey profile
Companies - active profiles
Marubeni Japan profile
There are no active companies for Export-Import Bank of the United States (EXIM) now.
Dodgy Deals map
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Policies
Voluntary initiatives
Export-Import Bank of the United States (EXIM) has committed itself to the following voluntary standards:Investment policies
EXIM Bank US's webpage on corporate social responsiblity can be accessed here.
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Campaigns
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 2018 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
Baku-Tbilisi-Ceyhan oil pipeline Azerbaijan
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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