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OCTOBER 12, 2005 EX-IM BANK EXTENDS RELIEF MEASURES TO CUSTOMERS IN FEDERAL DISASTER AREAS Hurricane Katrina Relief Continues WASHINGTON, D.C. --- The Export-Import Bank of the United States (Ex-Im Bank) today announced extended relief provisions for exporters and financial institutions located in those portions of Louisiana and Texas that have been declared federal disaster areas by the Federal Emergency Management Agency due to the impact of Hurricane Rita. Last month Ex-Im Bank announced similar relief measures for exporters and financial institutions impacted by Hurricane Katrina in Mississippi, Louisiana and Alabama. "Ex-Im Bank recognizes that the business interests of those exporters, especially small businesses, and financial institutions located in the affected areas will understandably be secondary to more urgent personal concerns over the coming weeks and months," said Ex-Im Bank Chairman and President (Acting) James H. Lambright in a statement. The Bank is offering the following relief measures to allow businesses and financial institutions that participate in Ex-Im Bank financing programs to return to their business concerns when appropriate and without penalty (please go to www.exim.gov to learn about additional relief measures and details):
Financial institutions in the affected areas should contact Ex-Im Bank to see how we can help ease insurance-related obligations. Customers encountering any shipment problems, payment difficulties or other business interruptions caused by Hurricanes Katrina or Rita should contact: Jean Fitzgibbon for short-term multibuyer policies (202-565-3620); Jeffrey Abramson for other insurance policies (202-565-3412); Pam Bowers for the Working Capital Program (202-565-3792); and Patrick Crilley in Ex-Im Bank's Houston Regional Office for all programs (281-721-0465). Ex-Im Bank, the official export credit agency of the United States, is in its 71st year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance and direct loans. In fiscal year 2004, Ex-Im Bank supported $17.8 billion of U.S. exports to markets worldwide. For more information, visit www.exim.gov. |
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