1934day.year
The Export-Import Bank of the United States is incorporated.
The Export-Import Bank of the United States is established to finance and promote American exports.
On February 2, 1934, the Export-Import Bank of the United States was incorporated by congressional charter.
Founded as a federal agency, it provides loans, guarantees, and insurance to U.S. exporters to reduce risks in international trade.
The bank's mission is to support American jobs by facilitating export deals, from aircraft to agricultural commodities.
Over the decades, Ex-Im Bank has backed billions of dollars in exports and helped companies compete globally.
Despite periodic debates over its charter renewal, it remains the official export-credit agency of the U.S.
It plays a key role in U.S. trade policy and economic stability.
1934
Export-Import Bank of the United States