Ex-Im Bank History By Month: February

1934: The Export-Import Bank of Washington is established to lend to the Soviet Union, but doesn’t because of unpaid war debts.

1942: Franklin D. Roosevelt issues an executive order that transfers Ex-Im Bank to the Department of Commerce.

1962: Ex-Im Bank provides a $110 million credit for the Aswan Dam

2003: Ex-Im Bank cooperates with other trade agencies to support the restructuring of the Paiton I, Indonesia’s largest independent power project.

Chairmen, Presidents and Directors Sworn-In in February:
1934: George N. Peek, President
1934: R. Walton Moore, Chairman
1936: Warren Lee Pierson, President
1946: William McChesney Martin, Jr., Chairman
1949: Hebert E. Gaston, Chairman

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