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)
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.
811 Vermont Avenue
NW 20571 Washington DC
Charles J. Hall |
Chairman & President
Approved transactions (Category A)|
Approved transactions (Category B)
Annual report FY 2016
The Export-Import Bank US is a wholly-owned US government corporation.
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Dodgy Deals map
Potential Export-Import Bank deals pose grave environmental threat, experts say
Over 150,000 call on U.S. Export Import Bank to reject coal, #SaveSundarbans
Voluntary initiativesExport-Import Bank of the United States (EXIM) has committed itself to the following voluntary standards:
EXIM Bank's page with an overview of its policies can be found here.
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 involved in financing the following Equator Principles projects that BankTrack considers controversial.
Baku-Tbilisi-Ceyhan oil pipeline - international -
Camisea pipeline project Peru
Liquified Natural Gas (LNG) project Papua New Guinea
SOCAR Aegean Refinery Turkey
Implementation and reporting
Export-Import Bank of the United States (EXIM) is reporting on the implementation here.