Agency Information Collection Activities: Comment Request
Export-Import Bank
Key Details
- Posted Date
- Response Deadline
- NAICS Code
- 562910
- Source
- Federal Register
- Contract Type
- regulation
Description
The Export-Import Bank of the United States ("Ex-Im Bank") is the official export credit agency of the United States. Its mission is to create and sustain U.S. jobs by financing U.S. exports through direct loans, guarantees, insurance and working capital credits. By neutralizing the effect of export credit support offered by foreign governments and by absorbing credit risks that the private sector will not accept, Ex-Im Bank enables U.S. exporters to compete fairly in foreign markets on the basis of price and product. Under the Medium Term Guarantee Program, Ex-Im Bank provides guarantees of principal and interest on floating or fixed-rate loans by eligible lenders to credit worthy buyers of U.S. goods and services. The guarantee covers the repayment risks on the foreign buyer's debt obligations. Ex-Im Bank guarantees that, in the event of a payment default by the borrower, it will repay the lender the outstanding principal and interest on the loan. In the event that a borrower defaults on a transaction guaranteed by Ex-Im Bank the guaranteed lender may seek payment by the submission of a claim. This collection of information is necessary, pursuant to 12 U.S.C. 635(a)(1), to determine if such claim complies with the terms and conditions of the relevant guarantee agreement. This form can be reviewed http://www.exim.gov/pub/pending/EIB-10- 05-Claim-Filing-Form-Guarantees.pdf.
Key Dates
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Data sourced from Federal Register