Upload
brian-paul
View
221
Download
1
Tags:
Embed Size (px)
Citation preview
AACCLA– October 19, 2011
Export-Import Bank of the United States
Export-Import Bank
▪ Official Export Credit Agency (ECA) of U.S. Government
▪ Established in 1934
▪ Headquarters in Washington DC, 8 Regional Offices
▪ Mission – To assist in financing exports of US origin goods and services and thereby create and sustain jobs in the US.
Export-Import Bank of the United States
Our Financing Makes the Difference
▪ Minimize risk
▪ Level the playing field
▪ Supplement commercial financing
Export-Import Bank of the United States
Total Authorizations in $ Billions
0.2
8.5
4.6
0
9.3
4.4
0.05
8.1
3.9
0
8.9
3.5
0.3
10.4
3.63.02
11.47
6.51
4.26
13.1
7.1
0
2
4
6
8
10
12
'04 '05 '06 '07 '08 '09 '10
Loans
Guarantees
Insurance
Export-Import Bank of the United States
Authorizations by Economic Sectors
48.83%
6.80%20.44%
11.79%
6.54%0.32%
1.39%
1.09%0.64%0.53%
1.63%
Aircraft
Manufacturing
Miscellaneous
Oil & Gas
Financial Services
Power Projects
Credit GuaranteeFacility
Wholesale/RetailGoods
Telecommunications
Services
Public Administration
Export-Import Bank of the United States
How Our Products Support You
▪ Financing across sectors and projects.
▪ Offerings include direct loans, loan guarantees, working capital and export credit insurance.
▪ No competition with commercial banks.
Export-Import Bank of the United States
Medium-Term Financing
Used to finance foreign buyers purchasing U.S. capital equipment primarily:
▪ 85% financed, 15% cash down payment
▪ Repayment up to 5 years, exceptionally 7
▪ Amounts of $10 million or less
Export-Import Bank of the United States
Guarantees InsuranceLong Term Medium
TermCGF * FIBC* Medium
Term
-Maximum
-Minimum
NA
$10 Million
$10 Million
NA
NA
$10 Million
NA
NA
$10 Million
NA
Term: 7-12 years 5-7 years Up to 7 years Up to 360 days
2-7 years
Maximum Coverage
85% 85% 85% 100% 85%
Down Payment
15% 15% 15% NA 15%
Export-Import Bank of the United States
Requirements for Approval
▪Completed application
▪Satisfactory Credit Report
▪Recent Bank References
▪Financial Statements for the last 3 years
▪Export Sales Contract
Export-Import Bank of the United States
Just A Few Restrictions
▪ Reasonable assurance of repayment
▪ Military Exports (exceptions apply)
▪ Foreign Content
▪ Restricted Countries (CLS)
▪ Economic Impact
▪ Shipping
▪ Additionality
Export-Import Bank of the United States
Military Policy
No Defense Articles/Services or Military buyers Exceptions:
▪ Humanitarian purposes▪ Border Control▪ Drug interdiction▪ Dual use items
Export-Import Bank of the United States
Exposure$2.7 billion Outstanding at FYE, with $553 million in new authorizations in 2010
Special Facilities$1 billion financing facility for Rio State announced in March for various infrastructure projects, including those associated with Flood Relief, the World Cup, and the OlympicsUp to $2 billion facility announced in April 2009 to secure the purchase of US goods and services by Petrobras, Brazil's national oil company.
Sector Opportunities
Key Export Markets – Brazil
Power Roads & Railways Oil & Gas
Agriculture Natural Resources Petrochemicals
Ports Airports Hospitals/Med Equipment
Export-Import Bank of the United States
Market Facts
The country is rebounding from years of violence, building on improved domestic security and implementing market-centered economic policies.
Colombia’s National Development Plan calls for billions of dollars in infrastructure spending.
5 highlighted sectors: agriculture; extractive industries; infrastructure; housing; and innovation
US- Colombia Free Trade Agreement
FTA expected to increase US trade and create US jobs.
Over 80 percent of US exports of consumer and industrial products to Colombia will become duty-free immediately, with remaining tariffs phased out over 10 years.
Key Export Markets – Colombia
Export-Import Bank of the United States
Special Facilities
Pemex has been a major user of financing programs structured under Ex-Im Bank’s Credit Guarantee Facility
Pemex also has a small business facility with the Bank to support purchases of goods/services from US small business
Sector Opportunities
Oil & Gas is the largest and most active sector, but as our largest market, export opportunities range across the full spectrum of business sectors.
Key Export Markets – Mexico
Export-Import Bank of the United States
Restricted Countries
▪ We are open in all continents, with the exception of some countries
▪ Country restrictions for political or economic conditions and Default Issues
▪ Refer to the Country Limitation Schedule (CLS) www.exim.gov, under Country/Fee info
Export-Import Bank of the United States
Ex-Im Bank Contacts
Global Business DevelopmentRay Ellis, VP 202-565-3674Bessie Giannopoulos 202-565-3713
Americas • Europe • CaribbeanXiomara Creque 202-565-3477Kate Bishop 202-565-3698
Medical TechnologyWilliam Rowland 202-565-3471