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1934
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Ex-Im Bank is established.
Ex-Im Bank’s first transaction is approved: $3.8m in silver ingots to Cuba |
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1938 |
$22 million loan to China for the “Burma Road” approved |
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1941 |
The Pan American Highway is financed |
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1946 |
$2 billion authorized for the reconstruction of Europe later recognized under the Marshall Plan |
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1948 |
$100 million approved for credits to the newly recognized state of Israel |
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1951 |
$5 million authorized for reconstruction of a 170-mile road from Port of Monrovia, Liberia to the border of French West Africa |
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1957 |
Ex-Im Bank authorized to authorize transactions in foreign currencies |
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1962 |
Ex-Im Bank authorizes $120 million to the Volta Aluminum Company to build an aluminum smelter in Ghana |
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1964 |
Ex-Im Bank issues $5.6 million in guarantees of agricultural products to the Soviet Union, Bulgaria, Czechoslovakia, Hungary, Poland, and Romania. |
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1968 |
Congress changes name to Export-Import Bank of the United States |
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1973 |
Two credits to USSR for $199 million of exports are authorized the same day |
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1977 |
The International Arrangement on Export Credits is introduced |
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1979 |
The Minority Bank Export Sales Financing Program is established |
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1982 |
Ex-Im Bank joins IMF for a $10 billion financial package for Mexico |
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1987 |
Ex-Im Bank initiates a sweeping update of programs to serve small and medium sized exporters |
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1990 |
For first time since WWII, Ex-Im Bank “reopens” in Poland and Czechoslovakia |
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1994 |
The Project Finance and Aircraft Finance Divisions are created |
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1995 |
Environmental Procedures and Guidelines are approved |
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1998 |
During Asian financial crisis, Ex-Im Bank assists with financing of U. S. exports to South Korea, Thailand, and Indonesia |
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1999 |
Ex-Im Bank expands the availability of financing in Sub-Saharan Africa and reaches a record level of support for U. S. exports to these markets. |
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2001 |
Ex-Im Bank supports airlines after the September 11 terrorist attacks by providing temporary insurance waivers |
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2005 |
Ex-Im Bank offers relief measures to customers in federal disaster areas affected by Hurricane Katrina |
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2006 |
United States and China announce agreement to increase sales of U.S.-financed exports to China.
Ex-Im Bank authorizes commitments to Air India of over $6 billion. |
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2009 |
Ex-Im Bank responds to the financial crisis with new programs to help ensure that exporters and suppliers, especially small businesses, maintain access to trade finance. |