From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
34th Fiscal Year-End Report

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
For sale by the Superintendent of Documents, U.S. Government Printing Office

Washington, D.C. 20402 - Price $1.25 cents

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
EXPORT-IMPORT BANK OF THE UNITED STATES

WASHINGTON, D.C. 20571

P R E S ID E N T A N D C H A IR M A N

July 31, 1968

Sirs,

In compliance with the provisions of the Export-Import Bank Act

of 1945, as amended, the annual report of the Bank on its operations from

July 1, 1967, through June 30, 1968, is submitted herewith.

This is my eighth such report to the Congress as President and

Chairman of the Bank; since I shall shortly assume the post of Ambassador

to Canada, it is also my last. It seems to me to be in keeping with the

spirit of the statutory reporting provision to include in this report a brief

resume of the Bank's activities during my period in office.

I take this opportunity to express my appreciation and that of

my colleagues for the continued confidence and support which the Bank has

received from the Congress throughout my tenure, and particularly during

the important legislative deliberations of the past year which led to the

passage of Public Laws 90-267 and 90-390.

Sincerely yours,

The President of the Senate

The Speaker of the House of Representatives

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
Standing: Hobart Taylor, Jr., and Tom

Lllley; seated, Walter C. Sauer, Harold

F. Under, Elizabeth S. May.

BOARD OF DIRECTORS

Harold F. Linder Chairman

Walter C. Sauer 

Elizabeth S. May 

Hobart Taylor, Jr. 

Tom Lilley

Vice Chairman

OFFICERS

Harold F. Linder President

Walter C. Sauer First Vice President

R. H. Rowntree Executive Vice President

Raymond L. Jones Vice President for Exporter Credits, 

Guarantees and Insurance

B. Jenkins Middleton Vice President 

Program Planning and Information

S. Douglas Shackleford General Counsel

Simmons B. Savage, Jr. T reasurer-Controller

John W. Donaldson Assistant to President

Joseph H. Regan Secretary

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
FOREWORD

The Export-Import Bank, an autonomous agency of the U. S. 

Government, is a dual purpose institution. In its short and mediumterm exporter programs, its role is comparable to that of the many 

foreign organizations which provide guarantees and insurance to aid 

and safeguard from undue risk their countries' exporters. This phase 

of Eximbank’s activities may be delineated succinctly: its programs 

attract private credit to a substantial portion of our country’s export 

trade, credit which otherwise would not be forthcoming.

In the second area of its activities — in its role as relatively long 

term direct lender — Eximbank’s operations parallel those of the multinational banks; but, whereas these institutions serve the interests of all 

their shareholder governments, Eximbank’s activities serve the export 

interests of the United States.

Eximbank has pointed out, quite appropriately, the contribution 

which its direct lending has made to the economies and development 

of the recipient countries. However, the impact on the United States 

needs emphasis. Each dollar of direct lending, as well as each dollar 

of credit which Eximbank brings into being through its insurance and 

guarantee programs, gives rise to an equivalent dollar of U. S. exports; 

these credits must be spent in the purchase of U. S. goods or services.

During its life, Eximbank’s net authorizations for loans, guarantees, 

and insurance have aggregated $22.3 billion. As the Bank avoids competing with and actively seeks the participation of private capital, its 

own net authorizations are not the full measure of the impact of its 

operations. To this $22.3 billion must be added that financing by 

corporations, commercial banks and exporters which Eximbank’s 

activities have amplified and supported. It is this larger figure which 

more truly measures Eximbank’s support to the economy and to the 

improvement of the U. S. balance of payments position.

Under ceilings determined by the Congress, Eximbank has in the 

past been authorized to lend, guarantee, and insure only where it found 

reasonable assurance of repayment. Pursuing this policy, Eximbank 

has earned $2,658 million. It has paid $864 million in interest on borrowed funds; paid its stockholder, the U. S. Treasury, $606 million in 

dividends on the Bank’s $1 billion of capital stock; and accumulated 

a reserve of $1,131 million against losses and defaults, contingencies 

never absent in a bank’s operations.

3

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
FINANCIAL HIGHLIGHTS

1968 1967

(in millions)

Authorizations:

Loans:

Long Term ...................................................................... $1,719.0 $2,369.5

Commodity ...................................................................... 75.0 76.0

Exporter .......................................................................... 4.2 31.6

Special Foreign Trade ..................................... 525.0 175.0

Discount ...................................... 203.1 71.5

Export Guarantees ............................................................ 290.1 193.0

Export Insurance:

Foreign Credit Insurance Association ........................... 715.8 690.2

Consignment Insurance ................................................. 1.9 .5

Total Authorizations ............................................... $3,534.1 $3,607.3

Sales and Assignments of Individual Loans:

Sales of disbursed loan maturities.................................... $ 90.4 $ 152.8

Assignments of undisbursed loan commitments .............. 24.8 108.8

Total ........................................................................ $ 115.2 $ 261.6

Sales of Portfolio Participation Certificates

and Eximbank Notes:

Portfolio Participation Certificates .................................. $ 570.0 $1,328.9

Short Term Discount Notes............................................... 487.2 —

Total ........................................................................ $1,057.2 $1,328.9

Loan Disbursements ............................................................ $1,645.9 $1,166.4

Loan Repayments .................................................................. 648.2 474.0

Interest and Other Financial Expense.................................. 122.1 91.8

Net Earnings ............................................ 114.1 108.5

Dividend Payment to U. S. Treasury...................................... 50.0 50.0

Retained Income Reserve for Contingencies and Defaults

as of June 30 (See Note 3 - page 25)............................. 1,130.8 1,066.7

Uncommitted Authority to lend, guarantee, and insure

as of June 30.................................................................... 4,579.8 1,612.0

5

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
THE YEAR IN REVIEW

The fiscal year which ended on June 30, 1968, was marked by a 

volume of Eximbank business close to the previous year’s record, 

the passage of two important pieces of legislation relating to the 

Bank’s activities and changing its name, liberalization of the Eximbank Discount Program, and inauguration of the sale of short-term 

discount promissory notes as a supplemental source of funds to 

finance the Bank’s operations.

Total gross authorizations of loans, guarantees, and insurance 

during the year were $3,534.1 million, down two percent from the 

fiscal year 1967 record high of $3,607.3 million but some 61 percent 

greater than the previous record of $2,197.0 million set in 1946. 

Repayments and interest on loans made by Eximbank and on export 

loans guaranteed or insured by it are estimated to have contributed 

over $1.7 billion to the credit side of the United States balance of 

payments during the year.

6

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
Public Law 90-267, signed by President Johnson on March 13, 

1968, enabled the Bank to continue its operations with a substantially 

increased commitment authority although subject to limitations on 

certain types of activity. The Act:

• extends the life of the Bank for five years, from June 30, 1968, to 

June 30, 1973;

• increases by 50 percent, from $9 billion to $13.5 billion, the 

amount of loans, guarantees, and insurance which the Bank 

may have outstanding (by fiscal year end charges against the 

commitment ceiling had reached $8,920 billion, just $80 million 

below the previous $9 billion ceiling);

• increases by 75 percent, from $2 billion to $3.5 billion, the 

amount of guarantees and insurance which may be charged 

against the $13.5 billion commitment ceiling at the rate of 25 

percent of the Bank’s related contractual obligation;

• limits, on a satisfactory basis, the Bank’s participation in financing exports of defense articles and services to developing 

countries;

• prohibits participation in financing exports to or for use in 

Communist countries unless the President determines it to be 

in the national interest;

• prohibits participation in financing exports to or for use in any 

nation engaged in armed conflict with United States forces, or 

any nation whose government furnishes goods and supplies to 

a nation so engaged;

• expresses the sense of Congress that in making loans the Bank 

should take into account possible adverse effects upon the 

domestic economy;

• changes the name of the Bank from “ Export-Import Bank of 

Washington” to “ Export-Import Bank of the United States.”

In compliance with the amendment relating to exports to countries 

trading with North Vietnam, Eximbank has terminated its support of 

exports to or for use in all Communist countries other than Yugoslavia, 

or to or for use in Cambodia.

A second piece of legislation of great significance to Eximbank, 

Public Law 90-390, was passed by the Congress during the fiscal year 

but was not signed by the President until July 7, 1968, after the fiscal 

year closed. The Act, in order to foster expanded exports by allowing 

Eximbank to take somewhat greater risks than in the past, authorizes 

the Bank to use up to $500 million of its $13.5 billion commitment 

authority to support those export transactions which offer “ sufficient 

likelihood of repayment to justify the Bank’s support in order to

7

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
From the Export-Import Bank Archives Collection: Export-Import Bank of the United States

■ ■ ■ ■ ■■ ■■ ■ ■■ ■ ■■ ■ ■■ ■ ■■ ■H I

MINING . . . Over $200 million of

Exlmbank credits will finance U. S.

purchases of equipment and services

to expand Chile's copper production

capacity. Here, Companla Mlnera Exiotlca begins site preparation with removal of copper deposit overburden.

mtm m*

mmm
activity foster the foreign trade and the long-term commercial interest 

of the United States.” This is a less stringent standard than the “ reasonable assurance of repayment” criterion applicable to the Bank’s 

regular operations under the Export-Import Bank Act of 1945, as 

amended. Loans, guarantees, and insurance under the new export 

expansion facility are to be subject to the policies with respect to 

repayment terms, interest rates, fees, and premiums which govern 

the Bank’s regular programs.

Guarantees and insurance may be charged against the $500 million ceiling at the rate of 25 percent of the related Eximbank liability; 

total outstanding authorizations under the facility could thus in theory 

reach $2 billion. Losses, if ar>y, are to be borne first by the Bank to the 

extent of $100 million, then by the Treasury to the extent of an additional $100 million, and thereafter by the Bank if losses should exceed 

$200 million. President Johnson has appointed an Export Expansion 

Advisory Committee, comprised of the Secretary of Commerce as 

Chairman, the Secretaries of State and Treasury, and the President of 

Eximbank, to provide guidance concerning the commercial interests 

and the balance of payments objectives of the United States and to 

review and make recommendations concerning specific applications.

The export expansion facility is designed principally to help U. S. 

exporters penetrate new markets and maintain existing markets in 

the face of changing conditions. The new authority will enable Eximbank to take on new commitments in countries where it is already 

heavily committed, and to support exports to private buyers who are 

not as credit worthy as are those under the Bank’s regular programs.

New Authorizations

The $3,534.1 million of new authorizations during the fiscal year 

consisted of $1,719.0 million of Long Term Loans, $715.8 million of 

Export Credit Insurance underwritten, $525.0 million of Special Foreign Trade Credits, $290.1 million of Export Guarantees, $203.1 million 

of Discount Loans to commercial banks, $75.0 million of Commodity 

Loans, $4.2 million of Exporter Credits, and $1.9 million of Consignment Insurance. These are gross authorization figures; on an adjusted 

basis for the purpose of the $2,672.0 million limitation on all authorizations and the $2,295.0 million limitation on equipment and services 

loans contained in Title III of the Foreign Assistance and Related 

Agencies Appropriation Act of 1968, total authorizations were $2,588.7 

million and equipment and services loans were $1,661.0 million.

Long Term Loans

Of the $1,719.0 million of Long Term Loans authorized during 

fiscal year 1968, $891.4 million was for purchase in the United States 

of capital equipment and related services by buyers in 37 countries,

9

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
POWER . . . His Imperial Majesty the

Shah of Iran Inspects the Exlmbankfinanced Farahabad Power Station In

Tehran.

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
and $827.6 million was for purchase of defense articles and services.

Items financed under the capital equipment credits include commercial 

jet aircraft in 17 countries, of which the largest purchases were by 

airlines in Japan and the United Kingdom; diesel locomotives for use 

in three countries; electric generating equipment in ten countries, as 

well as other equipment and services for large hydroelectric power 

and irrigation projects in the Ivory Coast and Pakistan; nuclear 

research equipment in Mexico; satellite ground stations in Brazil,

Chile, and Pakistan; and equipment for hotel construction in Thailand 

and Senegal. A complete list of these credits is set forth at pages 

38-46 of this Report.

Of the $827.6 million in loans to finance sales of defense articles 

and services of U. S. manufacture to friendly foreign governments,

$633.1 million was in the form of direct loans to developed countries.

The remaining $194.5 million represents obligations purchased by 

the Bank from the Department of Defense, and guaranteed by the 

latter, arising from sales negotiated by that Department with a number 

of developing countries.

Special Foreign Trade Credits

Special foreign trade credits authorized during the fiscal year 

totaled $525 million, compared to $175 million in 1967. The principal 

item was a $500 million stand-by credit to Canada extended during 

that country’s period of foreign exchange difficulties in March 1968.

No drawings were made under the credit, which was cancelled at the 

request of the Canadian Government in September 1968.

Commodity and Exporter Credits

Eximbank extended one commodity credit in the amount of $75 

million to finance the export of raw cotton to Japan. Exporter credits 

totaled $4.2 million.

Foreign Credit Insurance Association (FCIA)

During the year FCIA, a group of some 60 of the principal United 

States marine, casualty, and property insurance companies, issued, 

renewed, or approved policies in the aggregate amount of $715.8 

million, a moderate increase over the 1967 figure of $690.2 million.

Policies covering liability for $562.6 million of short-term comprehensive risks, $56.4 million of short-term political risks, $60.6 million 

of medium-term comprehensive risks, and $4.8 million of mediumterm political risks were issued or renewed. Insurance of $31.4 million 

was approved but had not been issued by the close of the fiscal year.

Eximbank assumes all of the political risks under these policies and, 

beyond certain dollar amounts, reinsures FCIA’s credit risks.

it

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
Guarantees of Credits

Guarantees by Eximbank of credits extended by commercial 

banks totaled $290.1 million during the year, an increase of 50 percent 

over the 1967 figure of $193.0 million and close to the 1966 figure of 

$300.1 million. The return to a more normal level of guarantees reflects 

in part the greater availability of commercial bank credit during fiscal 

year 1968 than during 1967.

Discount Loans

Under the Discount Loan Program established in September 1966, 

Eximbank makes two kinds of loans to commercial banks against 

their holdings of export debt obligations. Current Discount Loans are 

based upon the commercial bank’s holdings of certain export debt 

obligations related to items exported after March 1,1966; Net Increase 

Loans are based upon a bank’s increase over its prior year’s holdings 

of export debt obligations. In April 1968 the Bank liberalized the terms 

of such loans, resulting in a substantial increase in volume. The basic 

interest rate charged on Net Increase Loans was lowered; the term of 

both types of Discount Loans was lengthened from a maximum of one 

year to the remaining term of the underlying export debt obligations; 

Eximbank agreed to consider purchasing with recourse, rather than 

lending against, relatively large export debt obligations; and preferential treatment was accorded the first $250,000 of guaranteed or 

insured export debt obligations. During the entire fiscal year 1968, 

$203.1 million of discount loans was authorized — $39.9 million before 

and $163.2 million after the liberalizations — a figure close to three 

times the 1967 total of $71.5 million.

Sales of Participation Certificates, Short Term Discount

Promissory Notes, and Other Placements

The Bank continued to diversify its means of obtaining funds to 

finance operations. In April the Bank initiated the sale of short-term 

discount promissory notes through four investment banking houses. 

The notes are general obligations of Eximbank maturing from 30 to 

360 days after issue, depending upon the needs of the Bank and 

investor demand. They are sold, like commercial paper, to institutional 

investors on a discount basis, and are available in multiples of $5,000 

with a minimum purchase requirement of $100,000. Sales of $487.2 

million less redemptions of $99.7 million resulted in outstanding notes 

of $387.5 million on June 30.

In addition, the Bank again made a public offering of guaranteed 

Certificates of Participation in its loan portfolio. In June 1968 the 

underwriting group which handled the Bank’s two previous offerings 

sold $500 million of such Certificates maturing in September 1971.

These public offerings were supplemented by negotiated sales of

12

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
participations in loans. Sales of interests in pooled loans totaled $70 

million, ail to a foreign central bank; sales of interests in individual 

loans amounted to $90.4 million, of which $76.4 million went to investors abroad, principally foreign governments or international financial institutions. Sales abroad thus totalled $146.4 million. Eximbank 

was also able to transfer $24.8 million of its undisbursed loan commitments to suppliers and others.

Contribution to U. S. Balance of Payments

The inflow of principal, interest, and commitment fees on long 

term loans and other credits extended directly to foreign borrowers 

by Eximbank, plus sales abroad of participations in loans, less payments to foreign holders of such participations, contributed $952.2 

million to the favorable side of the U. S. balance of payments account 

during the period. However, this figure does not fully measure Eximbank’s contribution. To it must be added payments received by suppliers or their banks on sales financed under Eximbank’s guarantee 

and insurance programs. The dollar inflow from exports covered by 

short-term insurance is generally realized within 180 days after shipment. In medium-term transactions covered by insurance or a guarantee, the required cash payment by the foreign buyer, normally 

between 10 percent and 30 percent of the invoice value, immediately 

benefits the balance of payments. Thereafter, the payment of principal 

is relatively rapid — usually within five years but averaging about two 

years. During the year these cash installment payments, plus interest 

payments, contributed an estimated additional $750 million to the 

credit side of the United States payments balance. Thus the total contribution is estimated to exceed $1.7 billion.

Earnings

Gross income of the Bank during the past fiscal year was $241.7 

million. Total deductions from income were $127.5 million, comprised 

of interest and other financial expense of $122.1 million, operating and 

administrative expenses of $4.2 million, and loans charged off and 

claims paid, net of salvage, of $1.2 million. A net income of $114.1 

million permitted the declaration of a $50.0 million dividend which was 

paid to the Treasury on July 8, 1968. The balance of $64.1 million was 

added to the retained income reserve, which totaled $1,130.8 million 

at the end of the fiscal year.

Private Capital Participation

During the year Eximbank continued its efforts to encourage 

private capital participation in export financing and, to the maximum 

extent consistent with export and balance of payments needs, in the

13

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
Bank's own operations. As noted earlier, the Discount Loan Program 

was significantly liberalized in April to stimulate commercial bank 

financing of exports. To the same end, the Bank established a new 

pattern for financing sales of jet aircraft. In recent years the financed 

portion of the contract price of jet aircraft exports supported by the 

Bank has usually been carried 90 percent by Eximbank and 10 percent 

by the aircraft manufacturer. Under the pattern applied during fiscal 

1968 the financing was normally undertaken (with some variations 

between cases) to the extent of 50 percent by a commercial bank, 

45 percent by Eximbank, and 5 percent by the manufacturer. Under 

these arrangements the Bank assisted in financing $768.1 million of 

aircraft sales during the year, of which $614.0 million is to be 

financed — $278.0 million by commercial banks, $294.9 million by 

. Eximbank, and $41.1 million by suppliers.

The over-all level of coordination between Eximbank and private 

sources of export financing is indicated by the fact that this amount 

of commercial bank participation in jet aircraft financing, plus discount 

I loans, insurance, guarantees, domestic sales of participation in specific loans, and transfers of loan commitments to private sources 

during the year totaled $1,525.2 million.

I

Certificates of Audit

Financial statements and their related notes appearing herein 

have been audited by the General Accounting Office. The opinion of 

the Comptroller General of the United States appears on page 27. The 

management of the Bank wishes to express its appreciation to the 

Comptroller General and his staff for expediting the audit in order that 

his certification could be incorporated in this Report.

Eximbank’s financial statements reflect its interest in the operations of the Foreign Credit Insurance Association. Its accounts for the 

fiscal year ended on June 30th have been audited by Joseph Froggatt 

& Co., Inc., accountants and auditors, of New York. Their report 

certifies that FCIA’s accounts properly reflect their transactions and 

financial position in accordance with the agreement in force with 

Eximbank.

14

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
ADVISORY COMMITTEE

The Advisory Committee to the Bank met formally on November 

13, 1967, and April 29, 1968, to review the Bank’s activities and advise 

on policies. Subjects of particular importance discussed during the 

meetings were the progress of legislation affecting the Bank, changes 

in the Discount Loan program, and means of financing the Bank’s 

operations. Individual Committee members, in particular the Chairman, also continued to make themselves available for informal consultation from time to time during the year. The Board and staff of 

the Bank take this opportunity to record their thanks and appreciation 

for the advice and constructive criticism of all Committee members.

MEMBERS

Howard C. Petersen, Chairman

Chairman and Chief Executive Officer 

Fidelity Bank, Philadelphia, Pa.

Alfred W. Barth

Executive Vice President

The Chase Manhattan Bank, New York

Nat Goldfinger

Director, Department of Research 

AFL-CIO, Washington, D. C.

Joseph A. Grazier

Chairman, American Standard, Inc.

New York

J. Victor Herd

Chairman of the Boards 

The Continental Insurance Companies 

New York

Dr. James A. McCain

President, Kansas State University 

Manhattan, Kansas

Philip W. Pillsbury

Co-chairman of the Board, The Pillsbury Company 

Minneapolis, Minnesota

William E. Roberts

President, Ampex Corporation 

Redwood City, California

Alfred H. Von Klemperer

Senior Vice President

Morgan Guaranty Trust Company of New York, New York

323-244 0 - 68 - 2 15

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
a private fertilizer plant In India — petrochemicals for Israel’s economy -

Exports of modern technology and equipment financed by Eximbank

Aluminum smelter controls In Ghana —

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
1961-1968: YEARS OF CHANGE

In 1961 it was the Export-Import Bank of Washington; in 1968 it 

is the Export-Import Bank of the United States. Far more than the 

name has changed in the intervening years. The Nation’s increasingly 

insistent need for exports, and consequently for broader export credit 

support, has resulted not only in record annual authorizations by the 

Bank — $3.5 billion in 1968 compared to $1.4 billion in 1961 — but in 

new approaches and new programs.

Some of the highlights of these years of innovation and change 

are described in this brief review.

INSURANCE. On October 27,1961, President Kennedy announced 

the formation of the Foreign Credit Insurance Association (FCIA) by a 

group of fourteen private property insurance companies under the 

sponsorship of Eximbank. The Association has grown to a membership 

of over sixty companies working in close partnership with the Bank.

FCIA makes it possible and convenient for exporters throughout 

the country to obtain insurance on their short- and medium-term credit 

sales abroad. Such insurance, previously not available in the United 

States, provides substantial protection against non-payment to U. S.

17

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
exporters who do their own financing as well as those who wish 

financing for their export credits. The insurance policy can serve as 

collateral for commercial bank loans which do not use the insured’s 

domestic credit lines on foreign sales financing. FCIA takes a substantial part of the commercial risks for its own account; Eximbank 

reinsures the balance and also assumes all of the political risks, such 

as default due to currency inconvertibility, expropriation, war, riot, etc. 

The insurance is provided at reasonable rates. Losses to date on 

over $3 billion of shipments insured have been relatively small.

GUARANTEES. Practically all of the Bank’s medium-term transactions have been insured under the FCIA program or financed directly 

by commercial banks under a plan which was also initiated early in 

1962. The commercial bank, if satisfied with the creditworthiness of 

the exporter’s customer abroad, agrees to purchase his obligations 

without recourse on the exporter, provided Eximbank is willing to guarantee the commercial bank against all political risks for the entire 

period of the credit and against the commercial risks on the later 

maturities. These arrangements relieve Eximbank of the necessity of 

financing the transaction and so of administering the credit itself. At the 

same time, the commercial banks are enabled to maintain the client 

relationships which are so important to them and to the exporters.

DISCOUNT LOANS. Under Eximbank’s Discount Loan Program, 

initiated in 1966 and recently liberalized, commercial banks may borrow from Eximbank a substantial portion of the funds which they have 

tied up in medium-term export credits. The purpose is to make export 

financing more attractive to the banks. Unlike the Federal Reserve 

discount window, which usually lends to commercial banks for only 

15 days, Eximbank lends for the entire term of the related export credit.

COMMERCIAL BANK PARTICIPATION. A variety of other schemes 

have been devised to encourage greater use of private capital for 

export financing, particularly in the case of commercial jet aircraft 

sales. Under one arrangement commercial banks have financed the 

early maturities (representing 50 percent of a seven-year loan) without 

any guarantee by or recourse on Eximbank, while Eximbank either 

has financed the later maturities or has guaranteed the commercial 

banks’ financing of these maturities.

FINANCING EXIMBANKfS OPERATIONS. In a further endeavor 

to minimize the use of U. S. Treasury funds in financing longer term 

export credits, Eximbank in 1962 initiated the sale of guaranteed certificates of participation in pools of its loans. During periods of monetary ease these certificates were sold directly by Eximbank in large 

quantities to commercial banks throughout the country which had 

previously done business with the Bank. When the liquidity position of 

the commercial banks became such that they could no longer provide 

funds at competitive rates of interest, Eximbank turned to the open

18

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
market. The Bank has sold, in all, some $3.5 billion of participation 

certificates with maturities varying from three to fifteen years. In addition, interests in loans have been sold abroad, some to a variety of 

foreign buyers without recourse on Eximbank and others to central 

banks with Eximbank’s guarantee. As described early in this Report, 

in April 1968 the Bank for the first time also had recourse to the shortterm money market in order to obtain funds at lower rates.

All the foregoing activities made it possible to increase total 

outstanding commitments of the Bank in the form of export credits, 

guarantees, and insurance from something under $5 billion in early 

1961 to $10 billion at the close of fiscal 1968, while at the same time 

reducing borrowings from the U. S. Treasury from about $1.6 billion 

to $362 million.

DIRECT CREDITS TO FOREIGN BORROWERS. Longer term 

loans made directly to purchasers of U. S. equipment and services in 

both the public and private sectors abroad continued as the major 

dollar component of Eximbank authorizations. The many power plants, 

mining operations, bridges, and manufacturing activities of all kinds 

abroad which the Bank has financed are detailed in each Report to 

the Congress and are therefore not reviewed here. However, it seems 

appropriate to note that the Bank has been able to shorten the repayment terms of many such loans, through both acceleration provisions 

in loan contracts and harder bargaining. The sooner these repayments 

are received, of course, the sooner they will help the U. S. balance of 

payments position.

On occasion the Bank has been able to Increase its commitments 

in countries being phased out of economic assistance under the AID 

program and which have achieved a level of economic viability enabling 

them to service loans on the more conventional terms offered by Eximbank. These have included such countries as Iran, Taiwan, Korea, 

and Israel. The Bank has thus helped to preserve and increase markets for U. S. goods and services developed as a by-product of AID 

operations.

Eximbank has also participated in several international consortia 

where it was in the U. S. interest to join in a collaborative financial 

effort to insure the success of development programs in important 

countries. Eximbank authorizations under such arrangements have 

totalled almost $350 million, for countries such as India, Pakistan, 

Colombia, and Ghana. As in all Eximbank direct credits to foreign 

borrowers, the proceeds have been used entirely to purchase U. S. 

goods and services.

Over the past six years the Bank has authorized credits of some 

$2.4 billion to finance the sale of U. S. defense articles and services 

to friendly foreign governments.

SPECIAL FOREIGN TRADE CREDITS. In addition to the benefits

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
accruing to U. S. manufacturers and our balance of payments from 

Eximbank’s current gross rate of loans, guarantees, and insurance, 

aggregating above or close to $3.6 billion for each of the past two 

fiscal years, one operation of the Bank is of special significance to 

the Interests of the United States and of the international monetary 

community. During the past seven and a half years “ emergency” 

loans or lines of credit in very considerable amounts have been 

authorized at times of exchange crisis in Brazil, Venezuela, Chile, 

Mexico (twice), Canada (twice), the United Kingdom, and Italy. These 

have aggregated almost $2 billion. In a number of cases Eximbank’s 

credit was extended as the United States contribution to syndicates 

of central banks with participation by the International Monetary Fund; 

in others, it was clearly in the interest of the United States to make 

funds available without partnership. In several instances the mere 

offer and discreet publication of the existence of the credit was 

sufficient to stop a run on the recipient country’s foreign exchange; in 

others the credit was partially used and repaid or sold; in only two 

cases are portions of the credits still outstanding, representing about 

$150 million, or less than 10 percent of the total. In the most recent 

example, Canada, as mentioned earlier, did not draw on the $500 

million line authorized and has cancelled the credit.

LEGISLATION. The Congress has evidenced its approval of the 

Bank’s operation by extending its life by five years in both 1963 and 

1968 and by increasing its lending authority from $7 billion to $9 

billion in 1963 and from $9 billion to $13.5 billion in 1968. Most 

recently legislation was enacted providing for an Export Expansion 

Facility. The Bank’s budget requests have been approved each year 

without substantial modification of the Administration’s proposals in 

respect of both the modest administrative budget and the limitation on 

the total amount of loans, guarantees, and insurance which the Bank 

may commit during a given fiscal year.

EARNINGS AND BALANCE OF PAYMENTS CONTRIBUTION.

Over the past eight fiscal years Eximbank has paid dividends to the 

Treasury of some $365 million; during the same period, the Bank’s 

reserves have increased by $517 million and now stand at $1.1 billion. 

The Bank’s contribution to the U. S. balance of payments in these years 

totaled over $9.8 billion — $5.5 billion in principal and interest payments received directly by the Bank on its loans plus $4.3 billion in 

payments received by U. S. suppliers and commercial banks on their 

export financing covered by Eximbank insurance or guarantees. The 

higher level of Eximbank authorizations in the past several years 

presages increasing balance of payments benefits in the years ahead.

* * * * *

20

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
TRANSPORTATION . . . The first TAT

jet airliner at the Boeing plant In

Everett, Washington. Eximbank has

authorized financial assistance for the

export of more than two dozen of

the ¡umbo jets to be delivered In the

next few years.

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
COMPARATIVE STATEMENT OF ASSETS AND LIABILITIES

ASSETS June 30,1968 June 30,1967

Cash:

In banks, in transit, and on hand .. $ 44,420,864 $ 6,809,862

With U. S. Treasury .................... 226,929 $ 44,647,793 27,614,395 $ 34,424,257

Investment in U. S. securities......... — 81,500,000

Loans receivable:

Outstanding loans and undisbursed authorizations (Note 2) 8,518,858,570 6,983,402,503

Less undisbursed balance 

of authorized loans .................. 3,460,214,871 2,832,020,852

Oustanding loans receivable

(Notes 3 & 4 ) ........................... 5,058,643,699 4,151,381,651

Accrued interest and commitment

fees receivable on loans......... 68,610,193 60,423,580

Other assets:

Due from Foreign Credit

Insurance Association.............. 319,762 160,379

Accrued guarantee fees.............. 304,281 395,412

Accrued interest oh investment in 

U. S. securities.........................

_ 152,244

Furniture and equipment 

(net of depreciation) ................ 243,461 261,903

Miscellaneous............................... 2,539 870,043 6,310 976,248

Deferred charges:

Unamortized balance of financial 

expense .................................... 11,522,980 2,897,992

Total Assets..................................... $5,184,294,708 $4,331,603,728

Notes to the Financial Statements (page 25) are an integral part of the June 30, 1968, portion of this statement.

See Note 1 for composition of U.S. Government’s investment in the Bank.

22

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
FISCAL YEARS 1968-1967

LIABILITIES, CAPITAL,

AND RESERVES June 30, 1968 June 30,1967

Liabilities:

Portfolio Participation Certificates

payable (Note 4 )....................... $2,183,067,804 $2,163,615,806

Short term discount notes 

payable .................................... 387,465,000 —

Notes payable to U. S.

Treasury (Note 2) .................... 361,579,261 —

Dividend payable (Note 1 ).......... 50,000,000 50,000,000

Guaranteed letters of credit 

payable .................................... 34,963,385 17,350,434

Accrued interest payable............ 19,905,700 26,485,689

Trust and deposit liabilities......... 11,373,142 4,390,262

Accounts payable ....................... 754,959 237,662

Employees’ accrued annual leave 393,502 382,124

Total Liabilities ....................... $3,049,502,753 $2,262,461,977

Deferred Income ............................. 4,004,783 2,478,420

Capital and Reserves:

Capital stock held by U. S. Treasury

(Note 1 ).................................... 1,000,000,000 1,000,000,000

Retained income reserve for 

contingencies and defaults

(Note 3 ).................................... 1,130,787,172 1,066,663,331

Total Capital and Reserves....... 2,130,787,172 2,066,663,331

Total Liabilities, Capital,

and Reserves ............................. $5,184,294,708 $4,331,603,728

Contingent Liabilities (Note 2):

Loan maturities sold subject to

contingent repurchase

commitments ........................... $ 162,324,574 $ 151,708,686

Guarantees .................................. 507,495,258 493,659,079

FCIA insurance ........................... 714,710,694 706,363,886

Consignment insurance .............. 131,280 443,904

Total Contingent Liabilities ....... $1,384,661,806 $1,352,175,555

23

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
COMPARATIVE STATEMENT OF INCOME AND EXPENSE

and ANALYSIS OF RETAINED INCOME RESERVE

Fiscal Year Ended

Income:

Interest and commitment fees on loans.....................

Insurance premiums and guarantee fees....................

Interest on U. S. securities ........................................

Other income ..............................................................

Total Income ...................................................

Expenses and Losses:

Interest and other financial expense .........................

Loans charged off and claims paid — net of recoveries

Administrative expenses ..............................................

Other expenses............................................................

Total Expenses and Losses .............................

Net Income ......................................................................

Less: Dividend declared on capital stock (Note 1 ).....

Addition to Retained Income Reserve (Note 1 )..............

June 30,1968

$ 238,567,575 

2,735,880 

355,843 

8,816

$ 241,668,114

$ 122,061,856

1,246,924

4,163,842

71,651

$ 127,544,273

$ 114,123,841

50,000,000

$ 64,123,841

June 30,1967

$ 199,576,968

3,135,798

3,145,675

19,393

$ 205,877,834

$ 91,795,860

1,467,558

3,970,932

99,409

$ 97,333,759

$ 108,544,075

50,000,000

$ 58,544,075

Analysis of Retained Income Reserve:

Balance at beginning of fiscal yea r........................... $1,066,663,331 $1,008,119,256

Addition to reserve (Note 1 )........................................ 64,123,841 58,544,075

Balance at End of Fiscal Year.................................. $1,130,787,172 $1,066,663,331

Notes to the Financial Statements (page 25) are an integral part of the June 30, 1968, portion of this statement.

24

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
NOTES TO THE FINANCIAL STATEMENTS

June 30, 1968

1. The investment of the U. S. Government in Eximbank is comprised of the following:

June 30, 1968

Notes payable to U. S. Treasury_______________________ $ 361,579,261

Capital stock held by U.S. Treasury___________________ 1,000,000,000

Dividend payable____________________________________ 50,000,000

Retained Income reserve ------------------------------------------------ 1,130,787,172

Total Investment_________________________________ $2,542,366,433

June 30, 1967

$ — 

1,000,000,000

50,000,000

1,066,663,331

$2,116,663,331

The capital stock of $1 billion is held by the Secretary of the Treasury. A dividend of $50 million on this

stock (five percent) was declared on June 27, 1968, and paid on July 8, 1968. Net income not heretofore

paid or declared as dividends, aggregating $1,130.8 million, is reserved for contingencies and defaults

(see Note 3).

2. The authority to borrow from the U.S. Treasury is limited to $6 billion outstanding at any one time, and the

authority to lend, guarantee, and insure is limited to $13.5 billion. Up to $3.5 billion of outstanding guarantees and insurance may be charged against this lending authority at 25 percent of the contractual liability

assumed. At June 30, 1968, the uncommitted authority to lend, guarantee, and Insure totaled $4,579.8 million.

3. Loans with delinquent installments of 30 days or over at June 30, 1968, are summarized in millions of

dollars as follows: Number Oldest Total

Of Past Due Outstanding Delinquent Installments____

Country Loans Installment Principal Principal Interest Total

C u b a_________________ 5 1958 $ 36.3 $18.0 $16.5 $34.5

United Arab Republic___ 2 1966 23.4 7.6 2.3 9.9

Republic of Indonesia___ 5 1968 57.8 5.7 1.7 7.4

Miscellaneous _________ 16 1964 46.5 7.0 1.0 8.0

Totals ____________ 28 $164.0 $38.3 $21.5 $59.8

In addition, by agreement the Republic of China is not at this time being called upon to make payments on that portion of four loans made to the Republic of China prior to 1947, when the seat of the

Government was on the Mainland, which relates to assets no longer under the Government’s control.

The total outstanding principal of this portion of these loans was $26.4 million at June 30, 1968; on that

date $33.8 million ($18.5 million principal plus $15.3 million interest) was matured and outstanding, the

oldest past due installment having matured in 1949. The Republic of China is continuing to make timely

payments of principal and interest on the balance of the four loans which represents assets still under

its control. This portion of the loans, which is not included in the foregoing figures, had an outstanding

principal balance of $.6 million at June 30, 1968.

In September 1968 Eximbank agreed, as one of a group of major foreign creditors, to reschedule the

Indonesian credits which were overdue at June 30, 1968, as well as the maturities falling due from

that date until December 31, 1968. This rescheduling totals $14,043,366 ($10,889,004 principal and

$3,154,362 interest) and calls for repayment in semiannual Installments to be made over a period of

eight years beginning June 30, 1972, and terminating in 1979.

Between June 30 and August 15, 1968, $.4 million of the miscellaneous delinquent installments was

collected on four loans with outstanding balances of $6.3 million. As indicated in Note 1, the entire

retained net income is reserved for contingencies and defaults. The amount of this reserve ($1,130.8

million) substantially exceeds the total outstanding balances of both principal and interest on the

foregoing delinquent loans. Because of the unpredictable nature of future economic and political

conditions throughout the world, the risk of loss on the Bank’s loans, guarantees, and insurance is not

susceptible to accurate measurement. The management of the Bank believes therefore that its accumulated net earning should be retained as a reserve for contingencies and defaults.

4. From May 1,1962, to date, 19 issues of guaranteed Certificates of Participation in portions of the Bank’s loan

portfolio have been sold. On June 30, 1968, this designated portion of loans totaled $2,477.1 million. Certificates of Participation outstanding at June 30, 1968, totaled $2,133.1 million.

25

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
SOURCE AND APPLICATION OF FUNDS

Fiscal Year Ended June 30, 1968

FUNDS PROVIDED:

Interest and commitment fees on loans....................................................... $ 238,567,575

Insurance premiums and guarantee fees ................................................... 2,735380

Interest on U. S. securities ......................................................................... 355343

Other income ................................................................................................ 8316

Repayments and other credits to loans....................................................... 648,191,312

Sales of Portfolio Participation Certificates (Note 4 ) ................................. 570,000,000

Sales of short term discount notes................................................. ............. 487,189,867

Borrowings from U. S. Treasury — N e t....................................................... 361,579361

Redemption of investment in U. S. securities — N et.................................. 81,500300

Sales of individual loan maturities.............................................................. 90,417,675

Funds received for account of another Government agency....................... 10,900,000

Net change in other assets and liabilities................................................... 608,692

Total Funds Provided .................................................................... $2,492,054,921

FUNDS APPLIED:

Payment of dividend to U. S. Treasury......................................................... $ 50,000,000

Interest on borrowings from U. S. Treasury................................................. 15,298,145

Disbursements and other additions to loans, including

capitalized interest of $10,867,771 ....................................................... 1,645,871,036

Repayments on Portfolio Participation Certificates .................................... 550,548,002

Redemptions of short term discount notes................................................. 99,724,867

Interest and financial expense other than interest

paid U. S. Treasury (see above) ........................................................... 106,763,711

Increase in cash .......................................................................................... 10,223,536

Increase in accrued interest and commitment fees receivable on loans .... 8Î186313

Administrative and other expenses (excluding depreciation of $43,405) .... 4,192,087

Loans charged off and claims paid — net of recoveries............................. 1,246,924

Total Funds Applied .................................................................. $2,492,054,921

Notes to the Financial Statements (page 25) are an integral part of this statement.

26

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
'$ 3 N 3 0

ltd ] y C O M P T R O L L E R G E N E R A L O F T H E U N IT E D S T A T E S 

W ASHINGTON. O.C. 20548

B - 114823 September 12, 1968

The Board of D ir e cto r s

E xp ort-Im p ort Bank of the United S tates

The G eneral A ccounting O ffice has exam ined the statem en t of

a s s e ts and lia b ilitie s of the E xp ort-Im port Bank of the United S ta tes,

a w holly owned G overnm ent corp oration , as of June 30, 1968, and the

re la ted sta tem en ts of incom e and ex p en se and a n a ly sis of retain ed

incom e r e s e r v e and so u rce and ap p lication of funds for the y ea r then

ended. T h is exam ination, pursuant to the G overnm ent C orporation

C ontrol A ct (31 U .S.C . 841), w as m ade in accord an ce w ith g en e r a lly

a ccep ted auditing standards and a cco rd in g ly included such te s t s of

the accounting r e co r d s and such other auditing p ro ced u res as we consid er e d n e c e ss a r y in the c ir c u m sta n c e s.

The net incom e rep orted by the Bank is stated before any p r o v isio n for lo s s e s that m ay be su sta in ed on loan s r e c e iv a b le and rela ted

accru ed in te r e st or on gu aran tees and in su ra n ce. A ll accum ulated

net in com e, after divid en ds, has been r e se r v e d a s a p r o v isio n for

future co n tin g en cies, d efa u lts, or c la im s. (See note 3 to fin a n cia l

sta tem en ts.)

In our opinion, the accom panying fin a n cia l sta tem en ts p resen t

fa ir ly the fin a n cia l p o sitio n of the E xp ort-Im port Bank of the United

S tates at June 30, 1968, and the r e su lts of its op eration s and the sou rce

and application of its funds for the yea r then ended, in con form ity w ith

g e n e r a lly accep ted accounting p r in c ip le s applied on a b a sis co n sisten t

w ith that of the p reced in g year and w ith applicab le F e d e r a l la w s.

of the United S tates

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
FISCAL YEAR ACTIVITY

by country

The immediately following white pages present a summary of the Bank’s activities during 

the twelve-month period from July 1, 1967, 

through June 30, 1968. The presentation is 

alphabetical by country (pages 30-36), followed by area and world summaries (page 

37).

For medium-term insurance written by the 

Foreign Credit Insurance Association, the 

figures denote the face value of policies authorized during the period; for short-term 

insurance, under which a single policy insures 

shipments to a number of countries, the 

figures denote Eximbank’s liability for shipments made during the period, regardless of 

when the related policies were issued. The 

difference between the aggregate amount of 

such shipments and the value of policies 

issued during the period is reflected only in 

the World Summary.

Individual direct credits authorized during 

the period are listed on pages 38-46; guarantors, if any, are shown in parentheses 

following the name of the borrower.

29

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

C re dits 1/ Guarantees

Medium Term 

Insurance

Short Term 

1nsuranee 

(shipments) TOTAL

AFGHANISTAN $

$ 124,100 $ - $ 70,244 $ 194,344

ALGERIA — — . — 8,775 8,775

ANGOLA 7 , 900,000 2,053,613 — 3,672,678 13,626,291

ANTIGUA — 30 2,20 0 2 7 ,5 7 1 — 329,771

ARGENTINA 41,700,000 29,682,400 7,784,743 3,185,769 82,352,912

AUSTRALIA 194,465,629 21,369,729 902,086 19,755,246 236,492,690

AUSTRIA - - 71,700 43,000 2,617,735 2,732,435

AZORES — — — 2 ,5 2 8 2,528

BAHAMAS 6 , 787,000 — 76,900 3,857,276 10,721,176

BAHREIN — — — 676,827 676,827

BARBADOS . . 239,145 47,400 1,063,646 1,350,191

BELGIUM — 358,600 - - 7,346,930 7,705,530

BERMUDA — — — 1,739,790 1,739,790

BHUTAN — — — 3,290 3,290

BOLIVIA — 634,309 2,417,766 1 , 889,502 4,941,577

BRAZIL 5 0, 76 8,505 59,225,860 748,100 17,677,069 128,419,534

BRITISH HONDURAS — — — 368,037 368,037

BRITISH PACIFIC 

ISLANDS

— — — 24,860 24,860

BRITISH WEST INDIES ~ — 64,729 1,665,576 1,730,305

BURMA — — — 40,518 40,518

BURUNDI . . _ — 1 ,2 2 8 1 ,2 2 8

CAMEROUN — — — 266,419 266,419

CANADA 530,175,000 3 , 0 0 1,8 6 3 181,700 5,604,641 538,963,204

CANARY ISLANDS — — 2 8 ,10 0 1,049,270 1,077,370

%f, See pages 38 through 46 fo r deta11

30

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1067 through June 30, 196S

C re d its 1/ G uarantees

Medium Term 

1nsuranee

S h o rt Term 

1nsuranee 

(shipm ents) TOTAL

CENTRAL AFRICAN 

REPUBLIC

$ $ $ - $ 142,888 $ 142,888

CEYLON — 6 3 3 ,7 0 0 19,600 123,281 7 7 6 ,5 8 1

CHAD — — — 14,035 14 ,0 3 5

CHILE 15,492,292 8 ,9 01 ,6 4 8 6 ,7 84 ,0 8 6 4 ,5 42 ,8 8 7 35,720,913

CHINA, REPUBLIC OF — 6 , 1 5 5 ,2 6 1 202,100 1,116,563 7,4 73 ,9 2 4

COLOMBIA 5,9 20 ,0 0 0 12,936,862 4 ,8 74 ,1 2 0 3 , 5 8 8 ,1 8 2 27,319,164

CONGO, DEMOCRATIC 

REPUBLIC OF THE 

(KINSHASA) ~

1,154,500 325,200 9 ,509 1,489,209

CONGO, REPUBLIC OF 

(BRAZZAVILLE)

- - — — 3,975 3,975

COSTA RICA — 1,006,612 769,584 4 , 7 0 1 ,3 9 9 6 , 4 7 7 ,5 9 5

CYPRUS — 19,400 2 1 ,7 0 0 271,575 3 1 2 ,6 7 5

CZECHOSLOVAKIA — _ 1 5 1 ,3 6 0 1 5 1 ,3 6 0

DAHOMEY — — — 38,415 38,415

DENMARK — 1,062,814 590,704 4 ,5 0 3 ,5 3 6 6,1 57 ,0 5 4

DOMINICAN REPUBLIC 7,0 00 ,0 0 0 863,128 1,095,157 6 ,548,624 15,506,909

ECUADOR 7 , 5 0 0 ,0 0 0 3,870,846 3,604,322 8 , 5 7 8 ,8 6 9 23,554,037

EL SALVADOR — 1,565,494 1,376,277 6,2 28 ,7 5 6 9,1 70 ,5 2 7

ETHIOPIA — 24,500 323,666 190,390 538,556

FALKLAND ISLANDS — — — 4 ,1 88 4 ,188

FERNANDO PO & RIO 

MUNI

- - — — 18,806 18,806

FINLAND — 702,700 12,400 2 ,3 69 ,2 6 0 3 ,084,360

F IJ I ISLANDS _« 24,900 34,157 59,057

1 / See pages 38 th ro u g h 46 f o r d e ta il

31

3 2 3 -2 4 4 0 - 6 8 - 3

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

C re d its 1/ Guarantees

Medium Term 

Insurance

S h o rt Term 

Insurance 

(shipm ents) TOTAL

FRANCE $ $ 547,163 $ 293,904 $ 22,868,849 $ 23,709,916

FRENCH GUIANA — — — 89,410 89,410

FRENCH PACIFIC 

ISLANDS

- - — — 19 5 ,0 6 3 19 5 ,0 6 3

FRENCH TERRITORY Of 

THE AFARS & ISSAS

— — — 13 6 ,6 2 3 13 6 ,6 2 3

FRENCH WEST INDIES — 22,400 47,400 1,771,335 1,841,135

GABON — — _ 7,071 7,071

GAMBIA, THE — — — 1 ,7 4 9 1,749

GERMANY, FEDERAL 

REPUBLIC OF

35,750,000 6 86,300 68,898 3 5 , 2 9 5 ,8 3 8 71,801,036

GHANA 7 , 7 8 1 ,3 4 5 — — 574,368 8,355,713

GIBRALTER — — — 35,031 35,031

GREECE — 321,300 984,640 3,456,188 4,762,128

GREENLAND — — ~ 16 ,6 3 7 16,637

GUATEMALA — 1 , 75 6 ,9 7 4 1 , 9 6 7,3 8 5 10,382,056 14,106,415

GUINEA — — — 19,724 19,724

GUYANA 298,300 — 795,587 1,093,887

HAITI - - — __ 114,096 114,096

HONDURAS — 9 19 ,9 8 1 795,912 4,934,300 6,650,193

HONG KONG — — 2 2 ,6 0 0 4,093,245 4,115,845

HUNGARY — — — 80,966 8 0 ,966

ICELAND — — 1,050,096 1,050,096

INDIA 45,000,000 — 515,900 692,689 46,208,589

INDONESIA 7,702,370 — — ( - ) 3,249 7 , 6 9 9 ,1 2 1

IRAN 29,790,000 2,340,077 3 , 9 2 4 ,8 9 2 2,894,549 3 8 , 9 4 9 ,5 18

IRAQ — — 3 ,4 9 7 72,724 7 6 ,2 2 1

J / See pages 38 through 46 f o r d e ta il

32

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

C re d its 1/ Guarantees

Medium Term 

Insurance

S h o rt Term 

1nsurance 

(shipm ents) TOTAL

IRELAND $ 14,398,000 $ $ 8 5 ,6 0 3 $ 1,190,414 $ 15 ,6 7 4

ISRAEL 23,659,060 1,124,300 — 4 , 10 0 ,9 3 8 28,884

ITALY 105,944,450 12 6 ,2 0 0 6 8 9 ,13 2 30,132,040 13 6 ,8 9 1

IVORY COAST 36,500,000 — ~ 7 3 5 ,8 9 6 37,235

JAMAICA — 261,328 162,700 6 , 7 1 7 , 4 1 2 7,141

JAPAN 168,124,581 10,465,800 — 1 8 , 5 5 6 ,7 9 8 197,147

JORDAN — 102,200 118,100 2 1 ,8 0 2 242

KENYA — — 398,200 5 1 4 ,0 3 1 9 12

KOREA, REPUBLIC OF 1 7 , 2 3 5 ,0 0 0 4,411,700 461,300 1 , 2 8 2 ,2 7 9 23,390

KUWAIT _ 2,043,544 238,900 10,160,957 12,443

LAOS — — — 46,400 46

LEBANON — — 247,100 2,035,127 2 ,2 8 2

LESOTHO — — — 25,972 25

LESSER ANTILLES — — — 246

LIBERIA ___ ___ — 1,977,079 1,977

LIBYA — 107,500 2 5 ,5 0 0 4 7 2 ,0 7 7 605,

LIECHTENSTEIN — * — — 19 ,7 7 6 19,

LUXEMBOURG — — — 2 5 ,7 5 4 25,

MACAO — — — 13 2

MADEIRA ISLANDS — — — 13,656 13,

MALAGASY REPUBLIC — 137,533 — 5 4 4 ,7 5 3 682

MALAYSIA,

FEDERATION OF

— 1 , 2 5 8 ,3 0 0 — 1,324,233 2 ,5 8 2

MALDIVE ISLANDS — — — 140,144 l40

MALTA — __ 161,576 161

1 / See pages 38 through 46 fo r d e ta il

017

298

822

896

,440

179

,102

,231

,279

,401

,400

,227

,972

246

,079

,077

,776

,754

132

,656

,286

,533

,144

,576

33

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

C re d its \ j Guarantees

Medium Term 

Insurance

S hort Term 

1nsuranee 

(shipm ents) TOTAL

MAURITIUS — — — 60,149 60,149

MEXICO 8 9 , 9 5 3 ,0 0 0 3 1 , 38 6 ,8 6 5 16,675,742 3 9 , 7 7 4 ,3 3 8 1 7 7 , 78 9 ,9 4 5

MONACO — — — 115,667 1 1 5 ,6 6 7

MOROCCO — 146,800 33,300 99 8,490 1 , 17 8 ,5 9 0

MOZAMBIQUE — 10,293 — 614,555 624,848

MUSCAT AND OMAN — — __ 151,670 1 5 1 ,6 7 0

NEPAL — — — 1,602 1,6 0 2

NETHERLANDS — 19,000 — 2 5 , 649,087 25,668,087

NETHERLANDS ANTILLES — — 64,500 4 , 6 3 2 ,2 5 6 4 , 6 9 6 ,75 6

NEW CALEDONIA — 10,100 80,916 91,016

NEW GUINEA, 

TERRITORY OF

— — — 40,956 4 0 ,9 5 6

NEW ZEALAND 60,652,500 — 176,206 4,376,678 65,205,384

NICARAGUA 4 , 9 3 2 ,1 0 0 4 , 0 9 6 ,5 12 3 , 9 4 3 ,7 2 2 6,442,790 19,415,124

NIGER — - - — 33,090 33,090

NIGERIA 109,593 8 7,6 0 0 437,034 634,227

NORWAY - - 230,800 108,200 5,505,588 5,844,588

PAKISTAN 6 5 , 500,0 00 2,146,700 — 894,178 68,540,878

PANAMA 481,000 10 9 ,7 9 4 1 , 18 8 ,6 5 7 11,285,068 13,064,519

PARAGUAY — 464,007 676,700 616,986 1,757,693

PERU 5,200,000 3,544,402 5,742,573 10,529,110 25,016,085

PHILIPPINES — 11,071,460 6,630,161 5,939,906 23,641,527

POLAND — 6 3 ,5 0 0 — 17,526 81,026

PORTUGAL 4 , 7 9 7 ,2 0 0 1 , 9 10 ,2 0 0 75,000 1,799,172 8,581,572

PORTUGUESE GUINEA — — - - 4,347 4,347

\J See pages 38 through 46 fo r d e ta il

34

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 19S7 through June 30, 1968

C re d its 1/ Guarantees

Medium Term 

1nsurance

S h o rt Term 

1nsurance 

(shipm ents) TOTAL

QATAR $ $

</>

00

oo

$ 2 2 3 ,4 7 1 $ 3 1 8 ,2 7 1

RHODESIA — — — 438 438

RUMANIA — — — 10,463 10,463

RYUKYU ISLANDS — — 5 6 ,9 0 0 9 8 6 ,15 5 1 , 0 4 3 ,0 5 5

ST. PIERRE 

AND MIQUELON

—

"

17,424 17,424

SAUDI ARABIA 12,000,000 511,900 3 , 4 4 9 ,6 9 3 2,296,286 1 8 , 2 5 7 ,8 7 9

SENEGAL 900,000 — — 90,719 990,719

SEYCHELLES — — — 9 9

SIERRA LEONE — — — ( - ) 2,933 ( - ) 2,933

SINGAPORE - - 2,038,200

1^*

m00

6 5 0 ,8 9 7 2 , 7 6 0 ,3 9 7

SOMALI REPUBLIC __ ___ 8 ,8 0 0 7,203 16,003

SOUTH AFRICA, 

REPUBLIC OF

— 22,145,198 1,419,426 20,392,098 4 3 , 9 5 6 ,7 2 2

SPAIN 6,000,000 4,687,616 277,315 1 0 , 8 9 5 ,3 4 1 21,860,272

SUDAN — — — 7 ,9 9 4 7 ,9 9 4

SURINAM - - 177,501 42,700 1 , 09 6 ,6 74 1 , 3 16 ,8 7 5

SWEDEN, DENMARK, 

NORWAY

32,400,000 — — — 32,400,000

SWEDEN — 2,147,185 5 7 8 ,7 6 8 8,487,210 1 1 , 2 1 3 ,1 6 3

SWITZERLAND — 29,600 97,300 8,808,042 8,934,942

SYRIAN ARAB 

REPUBLIC

— — — 4 ,6 2 5 4,625

TAHITI — — 39,300 419,601 458,901

TANZANIA __ _ _ 42,100 264,366 306,466

THAILAND 4,304,350 2,900,933 764,517 3 , 14 3 ,8 8 5 11,113,685

TIMOR ___ — — 5,139 5,139

1/ See pages 38 through 46 f o r d e ta il

35

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

C re d its 1/ Guarantees

Medium Term 

Insurance

S hort Term 

1nsuranee 

(shipm ents) TOTAL

TOGO $ $ $ - $ 133,020 $ 133,020

TRINIDAD AND TOBAGO 6,600,000 — 3 4 ,7 0 0 5,191,167 11,825,867

TRUCIAL STATES — 295,700 44,900 848,804 1,189,404

TUNISIA — — 528,400 24,770 553,170

TURKEY ___ — — 57,194 57,194

UGANDA — 2 0 ,9 0 0 — 91,6 l4 112,514

UNITED ARAB REPUBLIC — — — 9,690 9,690

UNITED KINGDOM 405,146,300 141,700 388 ,88 5 24,175,881 429,852,766

UPPER VOLTA — — — 69,918 69,918

URUGUAY __ 881,717 448,500 33,676 1,363,893

VENEZUELA 70,265,149 1 0 , 3 2 7 ,1 2 8 9,497,483 35,213,909 1 2 5 , 30 3,6 6 9

VIETNAM, REPUBLIC OF — — — 54,027 5 4 ,0 2 7

YEMEN, REPUBLIC OF 

SOUTHERN

— — — 54,142 54,142

YUGOSLAVIA — 3 ,4 3 7 ,7 0 0 160,500 57,832 3,656,032

ZAMBIA ___ 2,095,164 — 659,641 2,754,805

MISCELLANEOUS 3 9 7 , 5 7 0 ,7 7 4 — — — 3 9 7 , 5 7 0 ,7 7 4

VARIOUS LATIN 

AMERICAN COUNTRIES

— — — 9,752 9,752

TOTAL BY 

COUNTRY

$2 , 5 2 6 , 2 9 5 ,6 0 5 $290,064,852 $96, 8 3 1 ,3 2 2 $5 3 0 , 0 3 4 ,2 4 9 $3,443,226,028

J / See pages 38 through 46 f o r d e ta il

36

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY AREA

July 1, 1967 through June 30, 1968

C re d its 1/

$ 53,081,345

Guarantees

Medium Term 

1nsurance

S hort Term 

1nsurance 

(shipm ents) TOTAL

AFRICA $ 28,005,593 $ 3,220,293 $ 3 4 , 3 2 1 ,9 4 3 $ 1 1 8 , 6 2 9 ,1 7 4

ASIA 373,315,361 47,623,876 1 6 , 8 6 6 ,25 9 6 2 , 7 6 1 ,4 7 2 500,566,968

CANADA 530,175,000 3,001,863 181,700 5,604,641 5 3 8 , 9 6 3 ,2 0 4

EUROPE 604,435,950 16,563,478 4 , 4 7 5 ,9 4 9 1 9 7 , 1 3 1 ,6 3 7 822,607,014

LATIN

AMERICA

312,599,046 173,475,413 7 0 , 9 5 9 ,4 3 0 2 0 5 , 2 8 7 ,0 7 8 7 6 2 , 3 2 0 ,9 6 7

O C E A N 1 A 255,118,129 21,394,629 1 , 12 7 ,6 9 1 2 4 , 9 2 7 ,4 7 8 3 0 2 , 5 6 7 ,9 2 7

MISCELLANEOUS

SUB TOTAL

397,570,774 — — — 3 9 7 , 5 7 0 ,7 7 4

$2,526,295,605 $290,064,852 $96,831,322 $530,034,249 $3,443,226,028

SHORT TERM INSURANCE 

(AUTHORIZED BUT 

UNSHIPPED)

— — — 9 0 , 8 9 6 ,3 2 4 90,896,324

TOTAL AUTHORIZATIONS $2,526,295,605 $290,064,852 $96,831,322 $620,930,573 $ 3 , 5 3 4 , 1 2 2 ,3 5 2

1/ See pages 38 through 46 fo r d e ta il

37

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1SG7 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

ANGOLA

Obi Ig o r Amount

Companhla H ln e lra do Lobi to , S .A .R .L. 

and Socledade Mine ir a do Lombige, 

S .A .R .L.

(R epublic o f P o rtu g a l)

U. S. D ie se l locom otives and spare p a rts 

6% Payable in 18 Sa. beg.10-31-70

$ 7 , 900,000

ARGENTINA

Sociedad M ixta S id e ru rg ia A rg e n tin a 

(A rg e n tin e In d u s tria l Bank)

U. S. equipment and s e rv ic e s fo r r o llin g 

and fin is h in g s te e l

6% Payable in 24 Sa. beg. 11-15-70

$ 33,700,000

S e rv ic io s E lé c tric o s del Gran 

Buenos A ire s , S. A. 

(R epublic o f A rg e n tin a )

B o ile r fo r e le c t r ic power p la n t 

6% Payable in 20 Sa. beg. 12-1-70

4,900,000

Do U. S. equipment and s e rv ic e s f o r therm al 

e le c t r ic g e n e ra tin g s ta tio n 

6% Payable in 16 Sa. beg. 7-31-71

3,100,000

T o ta l $ 41,700,000

AUSTRALIA

Commonwealth o f A u s tra lia U. S. c a p ita l equipment 

6 7/8% Payable 1969 th ru 1981

$ 2 5 , 000,000

Do Four Boeing 747 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 12-15-75

23,850,000

Do M ilit a r y equipment and s e rv ic e s 

k 3/4% Payable In 14 Sa. beg. 12-31-69

95,000,000

Do M ilit a r y equipment and s e rv ic e s 

5 1/2% Payable in 10 Sa. beg. 12-31-69

6,384,314

Do M ilit a r y equipment and s e rv ic e s 

5 1/2% Payable in 10 Sa. beg. v a rio u s dates

43,731,315

O ther 500,0 00

T ota l $ 194,465,629

BAHAMAS

Government o f th e Bahama Isla n d s U. S. equipment and s e rv ic e s fo r therm al 

power gen era tio n

6% Payable in 16 Sa. beg. 3-31-69

$ 1 , 3 8 7,0 0 0

Do U. S. equipment and s e rv ic e s fo r t e le ­

communications system 

6% Payable in 2k Sa. beg. 7-15-69

5,400,000

T o ta l $ 6 , 78 7,0 0 0

38

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

BRAZIL

O b iiq o r

C ía. S id e rú rg ic a Nacional 

(Repub1ic o f B ra z i1)

U. S. equipment and s e rv ic e s to produce 

s te e l

6% Payable in 24 Sa. beg. 3-15-71

$

Amount

3 0 , 000,000

Empresa B r a s ile ir a de Telecommunicacoes 

(N a tion a l T reasury o f B ra z il)

U. S. equipment and s e rv ic e s fo r 

s a t e llit e communications ground 

s ta tio n

6% Payable in 16 Sa. beg. 6-21-70

2,435,505

Viacao Aerea Sao Paulo, S. A. 

(Banco Nac. do Des. Econ.)

F ive Boeing 737 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 6-30-73

8,388,000

S. A. Empresa de Viacao Aerea Rio 

Grandense

(Banco Nac. do Des. Econ.)

T o ta l

Three Boeing 707-320C j e t a ir c r a f t 

6% Payable In 14 Quar. beg. 5-15-72

9,945,000

$ 50,768,505

CANADA

Government o f Canada

•

S pecial fo re ig n tra d e c r e d it 

6% Payable in 2 An. beg. 1 y r . from 

date o f disbursem ent.

$ 5 00, 000,000

W estern C o -op e ra tive F e r t iliz e r s , L td . 

(The Bank o f M ontreal)

U. S. equipment and s e rv ic e s fo r expansion 

o f f e r t i l i z e r p la n t 

6% Payable in 20 Sa. beg. 9-15-71

2 0 , 500,000

Canadian P a c ific A ir Lines L td . Seven Boeing 737 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 12-15-72

9,675,000

T o ta l $

530,175,000

CHILE

Empresa N acional de Telecommunlcaclones 

S. A.

(C orporación de Fomento de la 

P roducción)

U. S. equipment and s e rv ic e s f o r s a t e llit e 

communications ground s ta tio n 

6% Payable in 16 Sa. beg. 3**,l-7 0

$ 5,362,500

C hilean S ta te Railways 

(R epublic o f C h ile )

U. S. tra c k , a irb ra k e , s ig n a llin g , 

and a u x ilia r y equipment and fr e ig h t 

car components

6% Payable in 16 Sa. beg. 1-31-70

9,800,000

O ther

329,792

T o ta l $ 1 5 , 4 9 2 ,2 9 2

39

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
1

AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1963

DETAIL OF CREDITS AUTHORIZED

COLOMBIA

O b iîg or

Empresa de Acueductos y A lc a n ta r illa d o 

Bogota, d. e.

Empresa de Energía E le c tric a de Bogota

O ther

U. S. equipment and s e rv ic e s to Improve 

and expand w ater system 

6% Payable in 16 Sa. beg. 12-15-70

U. S. equipment and s e rv ic e s to Improve 

and expand e le c t r ic power system 

6% Payable in 16 Sa. beg. 12-15-70

Amount

$ 3,000,000

2 ,000,000

920,000

T o ta l $ 5, 920,000

DOMINICAN REPUBLIC

C orporación Dominicana de E le c tric id a d 

(M in is try o f Finance)

U. S. equipment and s e rv ic e s fo r therm al 

power g e n e ra tio n , tra n sm issio n and d is 

t r ib u tlo n

6% Payable in 28 Sa. beg. 9-30-70

$ 7, 000,000

ECUADOR

Empresa E le c tric a del Ecuador, In c.

E cuatoriana de D e s a rro llo , S. A ., 

Compania F in a n cie ra

T o ta l

GERMANY.-FEDERAL REPUBLIC OF

Deutsche Lufthansa A G

(Federal R epublic o f Germany)

G e s e lls c h a ft fu r K ernforschung, mbH 

(Federal R e public o f Germany)

T ota l

U. S. equipment and s e rv ic e s fo r therm al $ 6,000,000

e le c t r ic g e n e ra tio n and d is tr ib u tio n 

6% Payable fn 26 Sa. beg. 6-3 0 -7 2 .

R elending fo r U. S. equipment purchases 1,500,000.

6% Payable in 10 Sa. beg. 6-15-70

$ 7,500,000

T w en ty-fo ur Boeing 737 J e t a ir c r a f t $ 27,000,000

6% Payable in 7 Sa. beg. v a rio u s dates

Heavy w ater fo r n u cle a r re a c to r 8,750,000

6% Payable In 10 Sa. beg. 1-20-72

$ 35,750,000

40

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

DETAIL OF CREDITS AUTHORIZED

GHANA

Amount

O b iiq o r

F ire s to n e Ghana L im ited U. S. equipment and s e rv ic e s to manu- $ 2,800,000.

fa c tu re t ir e s and re la te d rubber p roducts 

6% Payable in 8 Sa. beg. 4-30-70

O ther

In te re s t c a p ita liz e d 4,981,345

--------------------

T o ta l

$ 7,781,345

INDIA

A ir - ln d fa C o rpo ra tio n 

(Government o f In d ia )

Two Boeing 7*7 a ir c r a f t $ 25,000,000 

6% Payable in 7 Sa. beg. 3-31-75

Government o f In d ia R elending f o r purchases o f U. S. 20,000,000 

c a p ita l equipment

6% Payable in 24 Sa. beg. 6-15-71

T o ta l

$ 45,000,000

1NDQNESIA

-

O ther In te re s t c a p ita liz e d $ 7,702,370

IS M

Government o f 1 ran U. S. equipment and s e rv ic e s f o r two $ 29,790,000 

15 6 mw e le c t r ic power g e n e ra tin g 

u n its and re la te d f a c i l i t i e s 

6% Payable in 30 Sa. beg. 3-31-72

1 RfcLANfl

A e r lln te Eireann Teoranta 

(Government o f Ire la n d )

Two Boeing 747 j e t a ir c r a f t $ 14,398,000 

6% Payable in 14 Sa. beg. v a rio u s dates

ISRAEL

Government o f Is ra e l U. S. equipment and s e rv ic e s fo r therm al $ 7,500,000 

e le c t r ic power g e n e ra tio n 

6% Payable in 30 Sa. beg. 1-15-70

El A1 Is ra e l A ir lin e s , L td . 

(Government o f Is ra e l)

Two Boeing 707 and one Boeing 747 16,159,060 

j e t a ir c r a f t

6% Payable in 7 Sa. beg. 4-15-73 

and 6-30-75

T o ta l

$ 2 3 , 6 59 ,0 6 0

41

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

DETAIL OF CREDITS AUTHORIZED

O b ii gor Amount

I s t it u t o Mobî1ia re Ita lia n o U. S. equipment and se rvice s

to m anufacture s ilic o n sem iconductors 

6% Payable in 12 Sa. beg. 11-1-69

$ 2 , 500,0 00

Do V arious U. S. exports 

4 7/8% Payable in 4 An. beg. 4-30-70

8 0, 000,000

Do

O ther

Four Boeing 747 j e t a ir c r a f t 

6% Payable in 14 Sa. beg. 5-15-71

23,355,550

8 8,90 0

T o ta l $ 105,944,450

m à / r n d T

R e public o f the Iv o ry Coast U. S. equipment and s e rv ic e s fo r the 

Bandama h y d ro e le c tric p ro je c t 

6% Payable in 30 Sa. beg. 6-30-74

$ 36,500,000

JAPAN

Japan A ir Lines Company, L td . 

(The Japan Development Bank)

Two Boeing 727 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 11-15-71

$ 3,422,000

Japan A ir Lines Company, L td . 

(Government o f Japan, and The 

Japan Development Bank)

Ten DC-8 j e t a ir c r a f t (McDonnel1-Douglas)

6% Payable in 7 Sa. beg. va rio u s dates

31,465,000

Nissan Motor Company, L td . 

(The In d u s tr ia l Bank o f 

Japan, L td .)

U. S. machine to o ls to m anufacture 

m otor v e h ic le s

6% Payable in 12 Sa. beg. 1-10-70

16,200,000

Japan A ir Lines Company, L td . 

(Government o f Japan)

S ix Boeing 747 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 7-15-74 

and 7 Sa. beg. 7-15-75

*»2 , 0 3 7 ,5 8 1

The Bank o f Tokyo, L td . Raw c o tto n

6% D ra fts on o r b e fo re 12 mos.

75,000,000

T ota l $ 168,124,581

KOREA. REPUBLIC OF

Daehan S y n th e tic F ib e r Company, L td . 

(The Commercial Bank o f Korea)

U. S. equipment and s e rv ic e s fo r 

p o ly e s te r f ib e r p la n t 

6% Payable in 20 Sa. beg. 9-15-89

$ 4 , 2 7 5 ,0 0 0

Government o f Korea U. S. equipment and s e rv ic e s fo r

s a t e llit e communications ground s ta tio n 

6% Payable in 16 Sa. beg. 3-30-70

4,140,000

Continued

42

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

DETAIL. OF CREDITS AUTHORIZED

continued

O b iig o r

Amount

Government o f Korea D iesel locom otives fo r Korea 

N a tio n a l R a ilro a d

6% Payable in 14 Sa. beg. 9-30-69

$ 5,400,000

Korea Nylon Company, L td . 

(The Korea Exchange Bank)

U. S. equipment and s e rv ic e s to expand 

t e x t ile nylon p la n t 

6% Payable in 8 Sa. beg. 4 -1-70

3,420,000

T ota l

$ 17,235,000

MEXICO

N acional F in a n c ie ra , S. A. 

(The U nited Mexican S ta te s )

U. S. equipment and s e rv ic e s to produce 

s te e l p la n t

6% Payable in 20 Sa. beg. 3-15-71

$ 2 6 , 000,000

Do U. S. equipment and s e rv ic e s f o r paper 

m anufacturing

6% Payable in 16 Sa. beg. 9-30-69

6 , 700 ,0 00

Do U. S. equipment and s e rv ic e s fo r 

n a tio n a l microwave system 

6% Payable in 20 Sa. beg. 6-15-69

4,300,000

Do U. S. equipment and s e rv ic e s to 

modernize the N a tio n a l R ailw ay 

6% Payable in 17 Sa. beg. 3-31-70

2 0 , 6 70,00 0

P e tró le os Mexicanos U. S. equipment and s e rv ic e s fo r 

hydro cra ckin g u n it

6% Payable in 24 Sa. be g .7-31-70

13,600,000

H u lle ra M exicana, S. A.

(C ia . Fundidora de F ie rro y Acero 

de M onterrey, S. A .)

U. S. equipment and s e rv ic e s fo r coking 

p la n t

6% Payable in 14 Sa. beg. 3-31-71

10,000,000

Banco N acional de Obras y S e rv ic io s 

P u b li c o s, S. A.

U. S. components and s e rv ic e s fo r manufa c tu re o f buses

6% Payable in 13 Sa. beg. 5-30-69

7 , 9 20,00 0

O ther

7 6 3 ,0 0 0

T o ta l

$ 8 9, 9 5 3,0 0 0

NEW ZEALAND

New Zealand N a tio n a l A irw ays 

C o rp o ra tio n

(Government o f New Zealand)

Three Boeing 737 j e t a ir c r a f t 

6% Payable in 12 Sa. beg. 4-1-73

$ 5 , 6 5 2 ,5 0 0

Government o f New Zealand M ilit a r y equipment and s e rv ic e s 

5 1/2% Payable in 14 Sa. beg. v a rio u s dates

1 7 , 000,000

Continued

43

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

1

July 1, 1967 through June 30, 196S

DETAIL. OF CREDITS AUTHORIZED

NEW ZEALAND - continued

O b iig o r Amount

Government o f New Zealand M ilit a r y equipment and se rv ic e s 

5 1/2% Payable in 14 Sa. beg. v a rio u s dates

$ 38,000,000

Tota 1 * $ 6 0, 6 5 2 ,5 0 0

NICARAGUA

Banco N acional de Nicaragua 

(R epublic o f N icaragua)

U. S. g ra in sto ra g e f a c i l i t i e s 

6% Payable in 16 Sa. beg. 9-30-70

$ 4,512,100

O ther 420,000.

T ota l $ if , 9 32,-10 0

PAKISTAN

Government o f P akistan U. S. eqipment and s e rv ic e s fo r two 

e a rth s a t e llit e s ta tio n s 

6% Payable in 15 Sa. beg. 6-1-71

$ 9 , 000,000

Do U. S. equipment and s e rvice s needed

in dam c o n s tru c tio n and re la te d f a c i l i t i e s 

6% Payable in 20 Sa. beg. 6-30-72

5 0 , 000,000

Do U. S. equipment and s e rv ic e s fo r a m ic ro - 

wave system in East P akistan 

6% Payable in 16 Sa. beg. 12-1-70

1 , 500,0 00

P akistan In d u s tr ia l C re d it and 

Investm ent C o rp., L td . 

(Government o f P akistan)

R elending fo r U. S. c a p ita l purchases 

6% Payable in 12 Sa. beg. w ith in 2 years 

a fte r date o f note

5,000,000

T ota l $ 6 5 , 500,000

PANAMA

O ther $ 481,000

Compania de A v ia c fo n "F a u c e tt" S. A. One Boeing 727-100 j e t a ir c r a f t $ 5,200,000

(R e pu b lic o f Peru) 6% Payable In 14 Sa. beg. 10-31-68

PORTUGAL

T ra n sportes Aereos P ortugueses, S .A .R .L. One Boeing 707 and one Boeing 727 j e t a ir c r a f t $ 4,797,200

(R e pu b lic o f P o rtu g a l) 6% Payable in 14 Quar. beg. 10-31-72

44

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

O b iig o r

Saudi Arabian F e r t i l i z e r Co.

(Saudi Arabian Monetary Agency)

U. S. equipment and s e rv ic e s fo r 

f e r t i 1iz e r p la n t

S % Payable in 10 Sa. beg. 6-30-70

Amount

$ 12, 000,000

SENEGAL

Other

$ 900,000

SPAIN

Central Térmica de la Robla, S. 

(Government of Spain)

U. S. equipment and s e rv ic e s fo r 

e le c t r ic power g e n era tio n 

6% Payable in 18 Sa. beg. 5-1 “ 71

$ 6, 000,000

SWEDEN. DENMARK. NORWAY 

S candinavian A ir lin e s System

Do

T o ta l

Two Boeing 747 j e t a ir c r a f t

6% Payable in 14 Sa. beg. v a rio u s dates

Nine DC-9 j e t a ir c r a f t (McDonnel1-D ouglas)

6% Payable in 14 Sa. beg. v a rio u s dates

$ 19,395,000

13, 005,000

$ 32,400,000

THAILAND

Rama Tower Company, Ltd.

(Laem-Thong Bank Limited et a l)

Tawana Hotel Company, Ltd.

(The Industrial Finance 

Corporation of Thailand)

Bangkok Bank, Ltd.

Other

U. S. equipment and s e rv ic e s f o r h o te l 

6% Payable In 20 Sa. beg. 6-30-70

U. S. equipment and s e rv ic e s fo r h o te l 

6% Payable in 20 Sa. beg. 6-30-70

R elending fo r purchases o f U. S. a g r ic u ltu ra l and m anufacturing equipment 

(S u b je ct to a llo c a tio n )

6% Payable in 10 Sa. beg. 7-11“ 69

$ 2 , 100,000 

1,050,000

1,000,000

154,350

Total

$ 4,304,350

TRINIDAD AND TOBAGO

T rin id a d and Tobago E l e c t r i c i t y 

Commission

(Government of T rin id a d and Tobago)

U. S. equipment and s e rv ic e s fo r therm al 

e le c t r ic power g e n era tio n 

6% Payable in 30 Sa. beg. 1-15“ 70

$ 6 , 600,000

45
AUTHORIZATIONS BY COUNTRY

July 1, 19G7 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

UNITED KINGDOM

Obi Ig o r Amount

Government o f The U n ite d Kingdom M ilit a r y equipm ent and s e rv ic e s 

4 3/4% Payable in 14 Sa. beg. 12-31 "68

$ 325,000,000

B rita n n ia A irw ays L im ite d

(The Thomson O rg a n is a tio n L im ite d )

One Boeing 737 j e t a ir c r a f t 

6% Payable in 14 Sa. beg. 11-15-69

3,1 35 ,2 0 0

B r it is h Overseas A irw a ys C o rp o ra tio n 

(Her M a je s ty 's T re a su ry)

P a r tia l fin a n c in g o f s ix Boeing 747 

j e t a ir c r a f t

6% Payable in J Sa. beg. 9—1—7^

4 9 ,011,100

Government o f th e U n ite d Kingdom M ilit a r y equipm ent and s e rv ic e s 

6% Payable in 14 Sa. beg. 12-31-69

2 8 , 00 0 ,0 0 0

T o ta l $ 405,146,300

Y^E,ZW £^

M anufacturas de P a p e l, C. A. U. S. equipm ent and s e rv ic e s f o r 

paper m a n u fa c tu rin g

6% P ayable in 12 Sa. beg. 1-15-69

$ 1 , 30 0 ,0 0 0

Banco A g ríc o la y P ecuario 

(Government o f Venezuela)

U. S. m achinery f o r a g r ic u lt u r a l purposes 

6% Payable in 10 Sa. beg. 2 y rs . 

from d a te o f note

5,0 00 ,0 0 0

A lu m in io del C a ro n i, S. A. U. S. equipm ent and s e rv ic e s f o r re d u c tio n 

and f a b r ic a tio n o f aluminum 

6% Payable in 2k Sa. beg. 1-15-70

8,000,000

Compañía Anónima de A d m in is tra c ió n y 

Fomento E lé c tr ic o

(C o rp o ración Venezolana de Fomento)

U. S. equipm ent and s e rv ic e s f o r therm al 

e le c t r ic power g e n e ra tio n 

6% Four notes payable in 5 A n. beg. 

v a rio u s dates

if.1 6 5 ,1 ^ 9

O rin o co M in in g Company 

(U. S. S te e l C o rp o ra tio n )

U. S. equipm ent and s e rv ic e s f o r h ig h iro n 

b riq u e tte p la n t and re la te d f a c i l i t i e s 

6% Payable in 2k Sa. beg. 3-15-71

5 0 , 0 0 0 ,0 0 0

A e ro vía s V enezolanas, S. A .

(F iv e com m ercial firm s co m p risin g 

the "Casa B o u lto n " group o f Venezuela)

One DC-9-30 j e t a i r c r a f t (McDonnel1-D ouglas) 

6% Payable in 7 Sa. beg. 4 -3 0 -7 3

1,800,000

T o ta l $ 70,265,149

MISCELLANEOUS

Purchase o f o b lig a tio n s guaranteed 

by U. S. Departm ent o f Defense

U. S. m ilit a r y equipm ent and s e rv ic e s 

5 1/2% to 6% - Average term in 12 Sa.

$ 194,460,937

D is c o u n t Loans to V a rio u s U .S. Banks: 

C u rre n t e x p o rt loans 5 3/8% to 6 1/5% Payable in from 1 An.

to 6 Sa. in s ta llm e n ts

144,380,576

Net in c re a s e loans 5 1/4% to 6% Payable in fro m 1 An.

to 10 Sa. in s ta llm e n ts

58,729,261

T o ta l $397,570,774

TOTAL CREDITS $ 2 ,526,295,605

46

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
CUMULATIVE RECORD

by country

The following pages present a summary of 

the Bank’s activities from its inception on 

February 12, 1934, to June 30, 1968. The 

presentation is alphabetical by country (pages 

50-111), followed by area and world summaries (pages 112-115 and 116-117, respectively).

As in the preceding statistical section, the 

figures for medium-term insurance denote 

the face value of policies, and for short-term 

insurance the dollar value of shipments under 

such policies. The unshipped balance of the 

Bank’s commitments under short-term policies is shown only in the World Summary 

since the country of destination is not known 

until shipment is made. Omission of data 

(loans, guarantees, or insurance) in some 

countries indicates no transactions in such 

categories.

The Column (2) total of $4,391,497,833 consists of $3,880,976,521 of lapsed or cancelled 

credit authorizations and $510,521,312 of 

credit authorizations which were assumed by 

others prior to disbursement.

The Column (6) total of $819,963,963 consists 

of $816,223,298 of sales of individual loans 

subsequent to disbursement by Eximbank 

and $3,740,665 of uncollectible loans charged 

off. This column has been added for the first 

time this year to permit a more accurate 

statement of these transactions and of loan 

disbursements or shipments (Column 4) and 

loan repayments (Column 5). Under the 

method of presentation used in prior years’ 

reports, the Column (6) figures would have 

been distributed under two columns: Column 

(4), “ Disbursements or Shipments” ($804,- 

481,286 being reflected as a reduction in the 

disbursement figure), and a column headed 

“ Repayments, Sales, etc.” ($15,482,677).

49

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

-- Y 11»

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

13»

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

AFGHANISTAN

C re d its $ 3 9 ,5 0 0 ,0 0 0 $ 2 00 ,00 0 $

Guarantees 1 ,0 9 3 ,2 0 0 5 4 3 ,6 4 2 . 1 24 ,10 0

Medium Term insu rance P o lic ie s 2 64 ,400 2 64 ,400

S h o rt Term in su ran ce - Shipments 5 20 ,99 5 - - -

T o ta l t o ,3 7 8 ,5 9 5 1 ,0 0 8 ,0 4 2 1 24 ,10 0

ALGERIA

G uarantees 1 ,7 6 7 ,8 0 0 1 ,7 6 7 ,8 0 0 -

Medium Term Insu rance P o lic ie s 5 49 ,00 0 5 4 9 ,0 0 0

S h o rt Term Insu rance - Shipments 8 8 3 ,7 1 8 - - -

T o ta l 3 ,2 0 0 ,5 1 8 2 ,3 1 6 ,8 0 0 “

ANGOLA

C re d its 9 ,3 0 1 ,1 6 0 . ' 2 .3 8 5 ,5 7 4 6 , 7 15 .0 0 0

.G u a ra n te e s 3 , 0 6 5,4 0 8 9 32 ,52 8 1 ,9 4 8 ,6 1 6

Medium Term In su ran ce P o lic ie s 2 82 ,00 0 - 10 ,9 0 0 1 67 ,200

S h o rt Term In su ran ce - Shipments 6 ,9 3 2 ,2 4 2 - - -

T o ta l 1 9 ,5 8 0 ,8 1 0 3 ,3 2 9 ,0 0 2 8 ,8 3 0 ,8 1 6

ANTIGUA

C re d its 6 ,0 0 0 ,0 0 0 4 ,5 0 0 ,0 0 0 1 ,5 0 0 ,0 0 0

Guarantees 3 0 2,2 0 0 - 3 02 ,20 0

Medium Term Insu rance P o lic ie s 27,571 1 4,618

T o ta l 6 ,3 2 9 ,7 7 1 4 ,5 1 4 ,6 1 8 1 ,8 0 2 ,2 0 0

ARGENTINA

C re d its 7 7 3 .1 3 7 ,7 7 5 2 5 7 ,6 8 8 ,6 4 0 4 2 ,4 2 3 ,7 3 4

G uarantees 6 1 ,1 4 5 ,5 6 4 2 5 ,9 3 4 ,1 4 2 2 0 ,2 8 5 ,4 0 0

Medium Term Insu rance P o lic ie s 1 8 ,2 0 8 ,2 4 » 8 ,4 0 4 ,9 0 0 7 ,7 4 0 ,6 0 5

S h o rt Term In su ran ce -S h ip m e n ts 2 8 ,2 8 2 ,3 4 0 1

T o ta l 8 8 0 ,7 7 3 ,9 2 2 2 9 2 ,0 2 7 ,6 8 2 7 0 ,4 4 9 ,7 3 9

50

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 3 9 , 30 0,0 0 0 $ 1 3,1 61 ,71 1 $ V . $ 2 6 ,1 3 8 ,2 8 9 $ 2 6 ,1 3 8 .2 8 9

4 2 5 ,4 5 8 3 2 4 ,6 1 9 1 00 ,83 9 2 2 4 ,9 3 9

5 20 ,99 5 5 14 ,54 9 6 ,4 4 6 6 ,4 4 6

4 0 ,2 4 6 ,4 5 3 1 4 , 0 0 0 ,8 79 2 6 ,2 4 5 ,5 7 4 2 6 ,3 6 9 ,6 7 4

_ —

__ 1 -

- - —

8 8 3 ,7 1 8 8 8 3 ,7 18 - -

8 83 ,71 8 8 8 3 ,7 18 -

-

2 00 ,58 6 16 9 ,0 8 1 3 1 ,5 0 5 - Î 6 , 7 1 5 ,0 0 0

1 8 4 ,2 6 4 9 9 ,9 0 8 1 8 4 ,3 5 6 2 , 0 3 2 ,9 7 2

1 03 ,90 0 1 7 , 3 1 7 -

8 6 ,5 8 3 2 53 .78 3

6 ,9 3 2 ,2 4 2 5 , 3 4 4 ,3 2 3 1 ,5 8 7 ,9 1 9 1 ,5 8 7 ,9 1 9

7 ,4 2 0 ,9 9 2 5 , 6 3 0 ,6 2 9 3 1 ,5 0 5 1 ,7 5 8 ,8 5 8 1 0 ,5 8 9 .6 7 4

1 ,5 0 0 ,0 0 0

__ - -

3 0 2 ,2 0 0

1 2,9 53 |f§lj -

12,953 12,953

1 ,8 0 2 ,2 0 0

4 7 3 ,0 2 5 ,4 0 1 2 5 4 ,3 8 5 ,4 0 0 55 5 2 1 8 ,6 3 9 ,4 4 6 2 6 1 ,0 6 3 ,1 8 0

1 4 ,9 2 6 ,0 2 2 1 0 ,8 8 9 ,1 5 3 — V 4 ,0 3 6 ,8 6 9 2 4 ,3 2 2 ,2 6 9

2 ,0 6 2 ,7 3 8 4 91 ,40 3 1 ,5 7 1 ,3 3 5 9 ,3 1 1 ,9 4 0

2 8 ,2 8 2 ,3 4 0 2 7 ,0 9 4 ,7 5 3 -

1 ,1 8 7 ,5 8 7 1 ,1 8 7 ,5 8 7

5 1 8 ,2 9 6 ,5 0 1 2 9 2 ,8 6 0 ,7 0 9 5 5 5 .. 2 2 5 , 4 3 5 .2 3 7 i

2 9 5 ,8 8 4 ,9 7 6

aTM“ "" ..... """"

51

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNOISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

AUSTRALIA

C re d its $ 638,558,1(61 $ 6 9 ,7 5 7 .7 0 8 $ 1 9 6 ,5 9 0 ,0 1 3 .

Guarantees 5 0 ,0 3 7 .7 6 7 9 ,9 8 5 ,7 7 8 1 5 ,6 9 8 ,3 8 9

Medium Term Insu rance P o lic ie s 3 , 1 8 2 ,2 2 2 8 3 7 ,3 0 0 6 0 6 ,0 0 7

S h o rt Term Insu rance - Shipments 9 0 ,6 7 6 ,3 9 9 - -

T o ta l 7 8 2 , 6 5 2 ,8 6 9 8 0 , 58 0 ,7 8 6 2 1 2 ,6 9 6 ,6 0 9

AUSTRIA

C re d its 1 2 8 ,6 6 0 ,0 0 0 3 2 , 8 0 7,06 2 6 ,0 6 8 ,0 8 0

Guarantees 6 ,2 2 1 ,8 0 1 2 , 8 0 9 ,7 6 7 -

Medium Term Insu rance P o lic ie s 3 1 5 ,9 0 0 7 2 ,7 1 1 2 8,8 00

S hort Term insu rance — Shipm ents 1 2 ,2 7 8 ,5 5 7 -

T o ta l 1 6 5 ,2 5 6 ,2 5 8 3 5 .6 8 9 ,52 0 6 ,0 7 6 ,8 8 0

AZORES

S h o rt Term Insu rance ,« Shipments 1 5,5 82

BAHAMAS

C re d its 2 9 ,7 8 7 ,0 0 0 - 1 2 ,6 6 0 ,1 3 8

Gua ra n tees 2 ,5 9 2 ,1 5 3 '2 , 0 8 5,6 0 8 - -

Medium Term In su ra n c e P o lic ie s 6 0 7 ,7 0 0 • ' 3 7 ,6 0 0 7 6 ,9 0 0

S hort Term Insu rence - Shipments I6 , 6 l 7 , 6 8 i > -

T o ta l 6 9 , 2 0 6 ,5 3 6 2 , 12 3 ,2 0 8 1 2 ,5 1 7 ,0 3 8 .

BAHREIN

Medium Term In s u ra n c e fta llc le s 8 1,6 0 0 8 1,6 0 0 -

S h o rt Term Insu rance -S h ip m e n ts 2 ,3 9 0 ,8 0 7 - H H 1

t o t a l 2 ,6 7 2 ,6 0 7 8 1 ,6 0 0 - -

52

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(S)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

O )

OUTSTANDING

BALANCES

(4 MINUS S & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 3 7 2 ,2 1 0 ,7 6 1 $ 2 6 ,5 0 7 ,6 7 0 $ 6 0 ,8 2 9 ,9 1 6 $ 3 0 6 ,8 7 3 ,1 5 5 $ 5 0 3 ,6 6 3 ,1 6 8

2 6 ,3 5 3 ,6 0 0 1 1 ,8 1 5 ,6 5 2 - - 1 2 ,5 3 7 ,9 6 8 2 8 ,2 3 6 ,3 3 7

1 ,9 3 8 ,9 1 6 7 27 ,71 2

1 ,2 1 1 ,2 0 2 1 ,6 1 7 ,2 0 9

9 0 ,6 7 6 ,3 9 9 8 6 ,6 7 7 ,7 9 1 -

5 ,9 9 6 ,6 0 8 5 ,9 9 6 ,6 0 8

6 8 9 ,1 7 7 ,6 5 6 1 2 1 ,7 2 8 ,8 2 5 6 0 , 8 2 9 ,9 16 3 2 6 ,6 1 8 ,9 1 3 5 3 9 ,3 1 3 ,3 2 2

8 9 ,5 8 6 ,8 5 8 5 8 ,6 9 0 ,6 7 t 1 6 ,9 7 2 ,0 2 1 1 5 ,9 2 2 ,1 6 6 2 1 ,9 7 0 ,2 6 6

1 ,6 1 2 ,0 5 6 1 ,1 8 1 ,3 8 8 -

2 30 ,66 6 2 30 ,66 6

2 1 6 ,3 8 9 121,787 -

9 2 ,6 0 2 1 21 ,60 2

1 2 ,2 7 8 ,5 5 7 1 1 ,6 5 6 ,2 5 9 j - |

8 22 ,29 8 8 2 2 ,2 9 8

1 0 3 ,6 8 9 ,8 5 8 7 1 , 6 5 0 ,10 5 1 6,9 72 ,02 1 1 7 ,0 6 7 ,7 3 2 2 3 ,l6 6 ,6 t 2

1 5,582 1 6 ,6 3 9

.. 963 963

1 7 ,3 6 6 ,8 6 2

1 7 ,3 6 6 ,8 6 2 2 9 ,7 8 7 ,0 0 0

5 06 ,56 5 6 03 ,67 1 -

1 02 ,876 1 02 ,87 6

2 93 ,20 0 1 18 ,960 -

1 76 ,260 2 51 ,16 0

1 6,6 17 ,68 1 1 5 ,0 0 0 ,6 8 7 1 ,6 1 6 ,9 9 6 1 ,6 1 6 ,9 9 6

3 6 , 56 6 ,2 8 8 1 5 ,5 2 3 .3 1 8 -

1 9 ,0 6 0 ,9 7 0 3 1 ,5 5 8 ,0 0 8

2 ,3 9 0 .8 0 7 2 ,2 8 1 ,6 6 1 1 09 ,166 1 09 ,166

2 ,3 9 0 ,8 0 7 2 ,2 8 1 ,6 6 1 - 1 09 ,16 6 1 09 ,166

53
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1) • Ï

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

BARBADOS

C re d its $ 119,896 $ 3 5 ,7 2 0

Guarantees 6 34 ,65 8 1 81 ,99 6 1 0 3 , 8 0 6

.'tedium Term Insu rance P o lic ie s 2 9 8 ,0 0 0 2 40 ,60 0 4 7 ,4 0 0

S h o rt Term Insu rance - Shipm ents 5 ,5 2 0 ,3 4 3 - H H

T o ta l 6 ,5 7 2 ,8 9 7 4 5 8 , 3 1 6 1 5 1 , 2 0 6

BELGIUM

C r e d it s .’ 2 41 ,75 9,0 61 6 3 , 4 0 7 ,8 2 8 2 23 ,21 5

G uarantees .4 6 5 ,5 0 0 3 3 9 ,6 2 4 -

Medium Term insu rance P o lic ie s 3 8,8 0 0 - .. _ |

S hort Term Insu rance -S h ip m e n ts 5 1 ,6 2 3 ,7 1 5 - -

T o ta l ¿ 9 3 ,8 8 7 ,0 7 6 6 3 ,7 4 7 ,4 5 2 2 2 3 , 2 1 5

BERMUDA

Guarantees 8 3 9 ,2 0 0 3 35 ,37 2 , U ? 9 ,6 0 0

Medium Term Insu rance P o lic ie s 7 7,3 00 7 7.3 0 0 -

S h o rt Term In s u ra n c e - ShIpments .7 ,9 0 1 ,7 5 7 - - -

T o ta l 8 ,8 1 8 ,2 5 7 4 1 2 ,6 7 2 79,60(1

BHUTAN

S hort Term Insu rance - Shipments 3 ,3 1 8 - -

BOLIVIA

C r e d its ., --i 4 7 ,2 6 6 ,9 0 5 2 .5 3 9 .0 2 7

Guarantees 3 ,3 8 1 ,5 3 5 1 ,7 4 8 ,0 0 5 8 2 9 ,2 4 9

Medium Term Insu rance P o lic ie s 3 ,7 5 5 ,1 5 2 5 49 ,30 0 2 ,2 3 2 ,6 4 2

S hort Term in su ran ce r Shipments 2 ,2 0 1 ,7 2 7 - - -

T o t a l _ 5 6 ,6 0 5 ,3 1 9 4 ,8 3 6 ,3 3 2 3 ,0 6 1 ,8 9 1

54

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

O

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(B)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 8 4 ,1 7 5 $ 84,175. ' $ $ i — $

3 48 ,85 7 2 53 ,76 2 -

9 5 ,0 9 4 1 98 ,90 0

1 0,0 00 1 0,0 00 i P l f l -

4 7 ,4 0 0

5 , 5 2 0 ,3 4 3 5 ,2 0 8 ,1 7 7 5 1 2 , 1 6 7 3 12 ,16 7

5 ,9 6 3 ,3 7 5 5 ,5 5 6 ,1 1 4 -

4 07 ,26 1 5 58 ,46 7

1 7 8 ,1 2 8 ,0 1 8 1 2 2 ,7 4 3 ,6 1 9 2 4 , 2 2 6 ,7 0 6 3 1 ,1 5 7 ,6 9 3 3 1 ,3 8 0 ,9 0 8

1 25 ,87 6 ; 9 0 ,2 4 9 -

3 5 ,6 2 7 3 5 ,6 2 7

3 8 ,8 0 0 14^550 -

2 4 ,2 5 0 2 4 ,2 5 0

5 1 ,6 2 3 ,7 t5 4 9 ,5 1 9 ,4 9 4 -

2 ,1 0 4 ,2 2 1 2 ,1 0 4 ,2 2 1

2 2 9 ,9 1 6 ,4 0 9 1 7 2 ,3 6 7 ,9 1 2 2 4 ,2 2 6 ,7 0 6 , 3 3 ,3 2 1 ,7 9 1 3 3 ,5 4 5 ,0 0 6

4 2 4 ,2 2 8 4 08 ,381 | 1 5.8 47 9 5 ,4 4 7

7 ,9 0 1 ,7 5 7 7 ,4 0 4 ,1 1 1 -

4 9 7 ,6 4 6 4 9 7 ,6 4 6

8 ,3 2 5 ,9 8 5 7 ,8 1 2 ,4 9 2 -

* 5 1 3 ,4 9 3 , 5 93 ,093

3 ,3 1 8 3 ,3 1 8 -- ; U -

4 4 ,7 2 7 ,8 7 8 1 1 ,3 6 8 ,9 8 4 3 3 ,3 5 8 ,8 9 4 3 3 ,3 5 8 ,8 9 4

804,281 457,851 ~

3 46 ,43 0 1 ,1 7 5 ,6 7 9

9 73 ,21 0 5 8 6 , 1 8 5 -

3 87 ,02 5 2 ,6 1 9 ,6 6 7

2 ,2 0 1 ,7 2 7 8 19 ,99 7 1 ,3 8 1 ,7 3 0 1 , 3 8 1 , 7 3 0

4 8 ,7 0 7 ,0 9 6 1 3 ,2 3 3 ,0 1 7 w i f i 3 5 ,4 7 4 ,0 7 9 3 8 ,5 3 5 ,9 7 0

55

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(11

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

BRAZIL

C re d its $ 1,6 5 7,7 90 ,21 *0 $ 2 3 9 ,9 8 1 ,9 9 9 $ 8 0 ,9 8 5 ,1 7 9

Guarantees 8 1 ,6 5 3 ,5 2 3 9 8 ,7 9 1 ,0 9 1 6 ,2 1 2 ,5 8 9

Medium Term Insu rance P o lic ie s 1 ,6 2 1 ,2 0 0 1 , 2 7 2 ,8 0 0 3 98 ,90 0

S h o rt Term Insu rance - Shipm ents 72,901,1*71 - - -

T o ta l 1,813,966,1*31» 2 8 5 ,0 9 5 ,3 9 0 8 7 ,0 9 6 ,1 6 3

BRITISH HONDURAS

G uarantees 2 6 ,2 0 0 2 6 ,2 0 0 - -

S hort Term Insu rance -■ Shipments 2 ,6 1 1 ,8 0 3 -

T o ta l 2 ,6 3 8 ,0 0 3 2 6 ,2 0 0 -

BRITISH PACIFIC ISLANDS

S h o rt Term Insu rance - Shipments 359,1*1*9 ¡ ¡ i l l

BRITISH WEST INDIES

Medium Term Insu rance P o lic ie s 1 21 ,90 0 6 7 ,2 0 0 5 9 ,2 0 0

S h o rt Term Insu rance1 <- Shipments 5 ,7 6 9 ,2 1 5 - - - -

T o ta l 5 ,8 8 5 ,6 1 5 6 7 ,2 0 0 5 9 ,2 0 0

BULGARIA

Guarantees 6 2 7 ,9 0 0 3 75 .27 0

BURMA

G uarantees 6 ,9 0 0 6 ,9 0 0 -

S h o rt Term Insu rance - Shipments 5 6 0 ,0 6 9 - ~

T o ta l 5 6 6 ,9 6 9 6 ,9 0 0 - -

BURUNDI

S h o rt Term Insu rance - Shipments 1 ,5 5 7 - -

CAMBODIA

S h o rt Term In su ran ce - Shipments 6 7 ,3 5 9 - -

56

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

(7)

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 1 ,3 9 2 ,3 2 3 ,5 6 7

2 6 ,6 9 9 ,8 9 3

7 2 ,9 0 1 ,9 7 1

$ 7 3 6 ,9 7 7 ,3 0 2

1 , 9 15 ,0 0 6

6 1 ,7 8 3 ,9 2 5

$ 2 6 ,9 9 1 ,5 9 0 $ 5 7 8 .9 0 9 ,7 2 5

2 9 ,7 3 9 ,8 3 7

1 1 ,1 1 8 ,0 9 6

$ 6 5 8 ,8 8 9 ,8 9 9

3 0 ,9 9 7 ,9 2 6

3 98 ,90 0

1 1 ,1 1 8 ,0 9 6

1 ,9 9 1 ,8 7 9 ,8 8 1 8 0 0 ,6 7 5 ,7 3 3 2 6 ,9 9 1 ,5 9 0 6 1 9 ,2 5 7 ,6 0 8 7 0 1 ,3 0 3 ,7 7 1

2 ,6 1 1 ,8 0 3 2 ,5 1 0 ,3 5 5

-

1 01 ,998 1 01 ,99 8

2 ,6 1 1 ,8 0 3 2 ,5 1 0 ,3 5 5 1 V |

1 01 ,998 1 01 ,99 8

3 5 9 ,9 9 9 3 5 3 ,6 7 8 771 771

5 ,7 6 9 ,2 1 5 5 .3 7 5 ,1 0 3 3 8 9 ,1 1 2

5 9 ,2 0 0

3 89 ,712

5 ,7 6 9 ,2 1 5 5 ,3 7 5 ,1 0 3 - -

3 8 9 ,1 1 2 9 9 3 ,3 1 2

2 5 2 ,6 3 0 § W - . | 2 5 2 .6 3 0 2 5 2 ,6 3 0

5 60 ,06 9 5 5 3 ,9 8 6

-

6 ,0 7 8 6 ,0 7 8

5 60 ,06 9 5 5 3 ,9 8 6 6 ,0 7 8 6 ,0 7 8

1 ,5 5 7 329

_ 1 ,2 2 8 1 ,2 2 8

6 7 ,3 5 9 6 7 ,3 5 9

_ w g | | i

57
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

0 )

UNDISBURSED OR

UNSHIPPED BAUNCES

(1 MINUS 2 & 4)

<1)

GROSS

(2)

UPSED OR ASSUMED

BY OTHERS

CAMEROUN

Guarantees $ 1,1*77,300 $ 1 ,3 7 2 ,0 4 6 $

V ;S h o rt Term Insu rance - Shipments 1 , 2 6 7 , 5 8 )

- -

T o ta l 2 ,7 4 4 ,8 8 1 1 ,3 7 2 ,0 4 6 -

CANADA

C re d its 1 ,3 3 7 ,9 1 3 ,0 0 0 5 9 3 ,2 6 3 ,5 6 0 -, 53.0,175,000

Guarantees 7 ,2 8 2 ,2 7 7 2 , 7 9 8 ,2 6 0 2 ,3 3 5 .9 5 2

Medium Term insu rance P o lic ie s 1 , 6 3 9 ,9 0 0 2 2 7 , 7 0 0 -'

S h o rt Term Insu rance - Shipments 3 3 ,3 7 0 ,6 6 2 - -

T o ta l 1 ,3 8 0 ,2 0 5 ,8 3 9 5 9 6 ,2 8 9 ,5 2 0 5 3 2 ,5 1 0 ,9 5 2

CANARY 1 SUNOS

G uarantees 3 5 ,5 0 0 4 ,7 7 4 -

, Medium Term In su ran ce P o lic ie s 2 8 ,10 0 18 ,6 0 0 9 ,5 0 0

S h o rt Term insu rance - Shipments 4 ,1 3 8 ,4 5 0 -

T o ta l 4 ,2 0 2 ,0 5 0 2 3 ,3 7 4 9 ,5 0 0

CENTRAL AFRICAN REPUBLIC

S h o rt Term insurance •« Shipments 4 63 ,72 1 - - -

CSYEON A

G uarantees 1 ,4 4 3 ,200 1 ,0 2 5 ,5 0 0 4 1 7 ,7 0 0

Medium Term In su ran ce P o lic ie s 7 0 1 ,1 0 0 3 92 ,40 0 -

S h o rt Term lnsurance%_;.Shlpments 5 05 ,48 6 - -

T o ta l 2 ,6 4 9 ,7 8 6 1 ,4 1 7 ,9 0 0 4 1 7 ,7 0 0

CHAP

S h o rt Term Insu rance - Shipments 3 3 ,9 0 0 - - -

58

From the Export-Import Bank Archives G

CUMULATIVE FROM INCEPTION IN 1S3A THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

0 )

REPAYMENTS

0 )

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BAUNCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

0 PLUS 7)

$ 1 05 ,25 4 $ 2 2,1 65 $ 8 3 ,0 8 9 $ 8 3 ,0 8 9

1 ,2 6 7 ,5 8 ! 1 ,1 8 8 ,2 4 5 -

7 9 ,3 3 6 7 9,3 36

1 ,3 7 2 .8 3 5 1 ,2 1 0 ,4 1 0 - 1 62 ,425 162,425

2 1 4 ,4 7 4 ,4 4 0 2 0 8 ,7 7 4 ,4 4 0 5 , 7 0 0 ,0 0 0 .. 5 3 0 ,1 7 5 ,0 0 0

2 ,1 4 8 ,0 6 5 1 .3 1 8 ,2 5 7 -

8 2 9 ,8 0 8 3 ,1 6 5 ,7 6 0

1 ,4 1 2 ,2 0 0 2 04 ,17 4 1 , 2 0 8 ,0 2 6 1 , 2 0 8,0 2 6

3 3 ,3 7 0 ,6 6 2 3 1 ,9 0 5 ,6 1 4 Wgjm 1 ,4 6 5 ,0 4 8 1 ,4 6 5 ,0 4 8

2 5 1 ,4 0 5 ,3 6 7 2 4 2 ,2 0 2 ,4 8 5 5 , 70 0 ,0 0 0 3 . 5 0 2 ,8 8 2 5 3 6 ,0 1 3 ,8 3 4

3 0 ,7 2 6 8 ,1 5 4 2 2 ,5 7 2 2 2 ,5 7 2

_ - "

9 ,5 0 0

M 3 M 5 0 3 *3 5 9 ,3 9 6 -

1 79 ,05 4 1 79 ,05 4

4 , 16 9 * 17 6 3 ,9 6 7 ,5 5 0 - -

2 0 1,6 2 6 2 11 ,12 6

4 63 ,721 421,271 4 2 ,4 5 0 4 2 ,4 5 0

4 1 7 ,7 0 0

3 08 ,70 0 — - -

3 0 8 ,7 0 0 3 0 8 ,70 0

5 0 5 ,4 8 6 454,041 -

5 1 ,4 4 5 5 1,4 4 5

8 14 ,18 6 454,041 3 60 ,14 5 7 77 ,84 5

~ 3 3 ,9 0 0 3 1 ,4 0 4 2 ,4 9 6 2 ,4 9 6

59
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

0 )

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

CHILE

C re d it» $ 7 6 7 .71 7,6 62 : $ 8 5 ,5 5 3 ,6 3 8 $ 2 0 2 , 12 0 ,5 5 2

Guarantees 5 4,1 34,201 3 3 , 8 9 9 ,2 76 1 0,8 5 6 ,2 0 6

Medium Term Insurance P o lic ie s 3 0 ,0 4 4 ,1 9 8 1 5,1 79 ,02 6 2 ,6 7 0 ,9 0 0

S hort Term Insurance - Shipments 3 5,3 00 ,47 5 - - -

T o ta l 8 8 7 ,1 9 6 ,5 3 6 134 ,63 1,9 40 2 1 5 ,6 4 7 ,6 5 8

CHINA. REPUBLIC OF

C re d its 2 8 5, 3 6 8 ,56 1 2 0 ,2 1 7 ,9 3 7 2 9 ,6 3 0 ,8 5 8

Guarantees 1 7 ,6 1 9 ,1 3 4 1 1,3 37 ,08 6 2 ,7 1 0 ,8 0 0

Medium Term Insurance P o lic ie s 1 ,6 8 5 ,0 0 0 1 ,1 7 1 ,2 0 0 132,400

S hort Term Insurance - Shipments 6 ,3 5 8 ,5 3 4

T o ta l 3 11 ,0 3 1 ,2 2 9 3 2 , 7 2 6 ,2 2 3 3 2 ,4 7 4 ,0 5 8

COLOMBIA

C re d its 4 51 ,73 2,7 01 101 ,76 9.4 84 1 5 ,6 9 0 ,5 3 3 .

Guarantees 6 0 ,9 6 3 ,3 0 0 3 7 ,7 5 0 ,8 0 7 1 0,0 48 ,84 0

Medium Term Insurance P o lic ie s 3 1 ,5 5 0 ,6 2 0 1 8,3 76 ,81 7 4 ,3 9 0 ,2 9 6

Short Term insu rance »Sh ip m en ts 4 3 ,5 1 0 ,1 1 2 - - -

T o ta l 5 87 ,75 6,7 33 157 ,89 7,1 08 3 0 ,1 2 9 ,6 6 9

CONGO. DEMOCRATIC REPUBLIC OF THE

(KINSHASA)

Guarantees 1 ,7 0 2 ,6 0 0 1 ,7 0 2 ,6 0 0 -

Medium Term In s u r a n t f o líe le s 923,800 4 18 ,10 0 -

Short Term insurance ~ Shipments 1 67 ,574 - - -

T o ta l 2 ,7 9 3 ,9 7 4 2 ,1 2 0 ,7 0 0 - -

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS D

$ 4 8 0 ,0 4 3 ,4 7 2 5 2 47,519,071 $ “ $ 2 32 ,52 4,4 01 1 4 3 4 ,6 4 4 ,9 5 3

9 ,3 7 8 ,7 1 9 3 , 4 7 6 ,7 7 1 5 ,9 0 1 ,9 4 8 1 6 ,7 5 8 ,1 5 4

1 2,1 94 ,27 2 7 ,2 4 0 ,1 8 5 -

4 ,9 5 4 ,0 8 7 7 ,6 2 4 ,9 8 7

3 5 ,3 0 0 ,4 7 5 3 2 ,6 3 7 ,3 4 6 -

2 ,6 6 3 ,1 2 9 2 ,6 6 3 ,1 2 9

536 *91 6 ,9 3 8 2 9 0 ,87 3,3 73 -

2 4 6 ,0 4 3 ,5 6 5 4 61 ,6 9 1 ,2 2 3

2 3 5 ,5 1 9 ,7 6 6 1 76 ,76 1,5 52 5 8 ,7 5 8 ,2 1 4 8 8 ,3 8 9 ,0 7 2

3 ,5 7 1 ,2 4 8 305,081 -

3 ,2 6 6 ,1 6 7 5 ,9 7 6 ,9 6 7

381,400 110,400 271,000 4 03 ,40 0

6 ,3 5 8 ,5 3 4 5 ,9 1 9 ,4 6 0 . > | 4 39 ,07 4 4 39 ,07 4

2 45 ,8 3 0 ,9 4 8 183 ,09 6,4 93 -

6 2 ,7 3 4 ,4 5 5 9 5 ,2 0 8 ,5 1 3

3 3 4 ,2 7 2 ,6 8 4 2 92 ,55 5,1 87 1 , 3 7 0 ,3 9 7 4 0 ,3 4 7 ,1 0 0 5 6,0 37 ,63 3

1 3 ,1 6 3 ,6 5 3 7 ,7 8 2 ,2 8 3 -

5 ,3 8 1 ,3 7 0 1 5 ,4 3 0 ,2 1 0

8 ,7 8 3 ,5 0 7 4 ,4 4 4 ,9 8 5 -

4 ,3 3 8 ,5 2 2 8 ,7 2 8 ,8 1 8

4 3 ,5 1 0 ,1 1 2 4 1 ,7 9 7 ,6 1 7 - -

1 ,7 1 2 ,4 9 5 1 ,7 1 2 ,4 9 5

3 9 9 ,7 2 9 ,9 5 6 3 46 ,58 0,0 72 1 , 3 7 0 ,3 9 7 5 1,7 79 ,48 7 8 1 ,9 0 9 ,1 5 6

5 05 ,700

", - r ' •

505,700 505 ,70 0

167,574 1 6 5 ,1 8 2 -

2 ,3 9 2 2 ,3 9 2

6 73 .274 165,182 ■ BSpl 508,092 508,092

61
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

CONGO. REPUBLIC OF (BRAZZAVILLE!

C re d fts ' $ 2 50 ,00 0 $ . 1 .

G uarantees 1 15 ,300 1 1 5 ,3 0 0 —

S hort Term insu rance ~ Shipments 105,433

-

■ T o ta l 4 70 ,73 3 . 1 1 5 ,3 0 0 -

COSTA RICA

C re d its 4 7 ,7 0 9 ,2 8 9 2 ,5 1 3 ,1 4 6 1 1 , 5 8 2 ,8 5 5

Guarantees 1 9 ,6 0 0 ,9 3 3 4 ,7 4 2 ,2 7 3 1 , 0 2 9 ,1 5 0

Medium Term insu rance P o lic ie s 3 ,2 1 5 ,2 6 1 1 ,0 8 9 ,2 7 8 2 6 4 ,4 7 8

S h o rt Term Insu rance - Shipments 3 3 .9 0 1 ,6 8 7 - - -

T o ta l 9 4 ,4 2 7 ,1 7 0 8 ,3 4 4 ,6 9 7 1 2 ,8 7 6 ,4 8 3

CUBA

' C re d its 1 3 5 ,1 J 6 i532 3 5 ,8 4 1 ,0 3 6 g V '

CYPRUS

G uarantees 1 22 ,450 8 0 ,5 5 0 1 9,4 00

Medium Term In su ran ce P o lic ie s 1 37 ,400 2 1 ,7 0 0 —

S hort Term Insu rance - Shipments 1 ,1 3 0 ,9 9 4 - -

T o ta l 1 ,3 9 0 ,8 4 4 102,250 1 9,4 0 0 .

CZECHOSLOVAKIA

C re d its 2 3 ,7 2 8 ,9 3 2 950,781

S h o rt Term Insu rance - Shipments 151,593 Itjpft 1

T o ta l 2 3 ,8 8 0 ,5 2 5 950,781 - -

DAHOMEY

... C re d its . 1 82 ,750 182,750 _

S h o rt Term Insu rance t ’Shipm ents 8 1 ;223 - - n

T o ta l 1 2 6 3 ,9 7 3 ' 182,750 -

62

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

(4)

DISBURSEMENTS

OR

SHIPMENTS

(S)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

«1

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

§ 2 50 ,0 0 0 $ 5 0 ,0 0 0 $

$ 2 0 0,0 00 $ 2 0 0,0 00

105,433 1 03 ,83 2 -

1 ,6 0 1 1,601

3 5 5 ,4 3 3 153,832 -

201,601 2 0 1,6 0 1

3 3 ,6 1 3 ,2 8 8 1 7 ,6 2 9 ,8 7 8 7 92 ,87 0 1 5 ,1 9 0 ,5 4 0 2 6 ,7 7 3 ,3 9 5

3 ,8 2 9 ,5 1 0 2 ,5 2 9 ,1 7 0 -

1 ,3 0 0 ,3 4 0 2 ,3 2 9 ,4 9 0

1 , 8 6 1,5 0 5 1 ,2 5 6 ,3 9 5 -

6 0 5 ,1 1 0 8 6 9 ,5 8 8

3 3 ,9 0 1 ,6 8 7 3 2 ,3 8 0 ,5 1 9 - 1 , 5 2 1 ,1 6 8 1 , 5 2 1 ,1 6 8

7 3 ,2 0 5 ,9 9 0 5 3 ,7 9 5 ,9 6 2 7 92 ,87 0 1 8 , 6 1 7 ,1 5 8 3 1,4 93 ,64 1

9 9 ,3 1 5 ,4 9 6 5 7 ,5 6 8 ,9 1 5 5 ,4 8 0 ,0 0 0 3 6 , 2 6 6 ,5 8 1 3 6 ,2 6 6 ,5 8 1

2 2 ,5 0 0 4 ,5 0 0 . . 18 ,0 0 0 3 7 ,4 0 0

11.5,700 1 15 ,70 0 - - - —

1 ,1 3 0 ,9 9 4 1 ,0 4 1 ,9 2 6 8 9 ,0 6 8 8 9 ,0 6 8

1 ,2 6 9 ,1 9 4 1 ,1 6 2 ,1 2 6 -

1 07 ,06 8 1 26,468

2 2 ,7 7 8 ,1 5 1 2 2 ,7 7 8 ,1 5 1 f —

1 51 ,59 3 J1 5 I,5 9 3 - "

2 2 ,9 2 9 ,7 4 4 2 2 ,9 2 9 ,7 4 4 - - -

8 1 ,2 2 3 6 7 ,4 0 0

-

13 ,8 2 3 13,823

81 223 6 7 ,4 0 0 -

1 3.8 23 1 3,8 23

323-244 Q - 6,& - ,f

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

0 )

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

DENMARK

C re d its .. $ 30,1*36,052 $ 1 0 , 078, 031» s

Guarantees 5 ,1 6 2 ,9 3 8 3 , 3 2 8 ,9 3 5 3 99 ,046

Medium Term Insurance P o lic ie s 1 ,6 5 1 ,3 5 9 3 16 ,2 3 6 110,218

S hort Term Insurance - Shipments 2 4,0 23 ,76 5 - ù i

T o ta l 6 1 ,271»,I I 1* 1 3 .7 2 3 ,2 0 5 5 09 ,26 4

DOMINICAN REPUBLIC

C re d its 1*2,627,683 9 , 3 3 5 ,6 3 6 9 ,7 0 2 ,4 1 2

Guarantees 7 ,9 2 9 ,5 5 7 4 . 7 3 1 .1 5 0 6 5 1,8 7 0

Medium Term Insurance P o lic ie s 5 ,9 0 5 ,7 6 7 2 , 6 1 6 ,1 2 5 927,745

Short Term Insurance * Shipments 5 1 ,00 7, 91*3 - -

T o ta l 107,1*70,950 16 ,6 8 2 9 11 1 1,2 82 ,02 7

ECUADOR

j C re d its 6 8 ,9 8 8 ,5 2 0 9 ,4 5 1, 2 6 2 *: 1 0,4 44 ,39 7

Guarantees 1 3 ,2 1 4 ,37I* 5 ,9 0 9 ,9 6 8 2 ,6 9 9 ,0 4 9

Medium Term Insurance P o lic ie s 8 ,8 8 3 ,7 3 7 3 ,4 5 9 ,2 0 5 2 ,7 5 5 ,6 1 9

S hort Terra insurance - Shipments 56,526,1*06 SS'G

T o ta l 11*7,613,037 1 8 , 8 2 0 ,4 3 5 1 5,8 99 ,06 5

EL SALVADOR

C re d its 19,167,1*55 4 ,9 9 0 ,1 6 3 2 ,7 2 3 ,5 3 2

Guarantees 7.61*9,171* 3 ,6 3 6 ,5 3 0 322,700

Medium Term Insurance P o lic ie s 6 ,1 4 9 ,3 7 9 1 ,8 8 8 ,6 2 4 702 ,31 0

S hort Term Insurance - Shipments 3 7,0 63 ,31 0 - -

T o ta l 7 0 , 0 2 9 ,3 18 1 0,5 1 5 ,3 1 7 3 ,7 4 8 ,5 4 2

64

From the Export-Import Bank Archives G

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

( »

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

O)

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 2 0 ,3 5 8 ,0 1 8 $ 2 0 ,3 5 8 ,0 1 8 /. $ - - - $

1 ,4 3 4 ,9 5 7 5 27 ,237 $1111 9 07 ,72 0 1 ,3 0 6 ,7 6 6

1 ,2 2 4 ,9 0 5 341,341 -

8 83 ,56 4 993 ,78 2

2 4 ,0 2 3 ,7 6 5 2 2 ,6 3 7 ,1 2 9 • ‘ 1 ,1 8 6 ,6 3 6 1 ,1 8 6 ,6 3 6

4 7 ,0 4 1 ,6 4 5 4 4 ,0 6 3 ,7 2 5 -

2 ,9 7 7 ,9 2 0 3 ,4 8 7 ,1 8 4

2 3 ,5 8 9 ,6 3 5 5 ,8 2 9 ,1 5 8 1 7 ,7 6 0 ,4 7 7 2 7 ,4 6 2 ,8 8 9

2 ,5 4 6 ,5 3 7 1 ,7 5 6,9 93 -

7 89 ,54 4 1 ,4 4 1 ,4 l4

2 , 3 6 1,8 9 7 1 ,5 7 6 ,4 2 0 - 785,477 1 ,7 1 3 ,2 2 2

5 1 ,0 0 7 ,9 4 3 4 9 ,1 3 3 ,8 9 7 - -

t , 8 74,046 1 ,8 7 4 ,0 4 6

7 9 ,5 0 6 ,0 1 2 5 8 ,2 9 6 ,4 6 8 -

2 1 ,2 0 9 ,5 4 4 3 2,4 91 ,57 1

49,0 92 ,86 1 3 4 ,9 1 9 ,4 5 8 5 5 ,3 7 7 ■

1 4 ,1 1 8 ,0 2 6 2 4 ,5 6 2 ,4 2 3

4 ,6 0 5 ,3 5 7 2 ,8 6 5,2 11 ; -

1 ,7 4 0 ,1 4 6 4 ,4 3 9 ,1 9 5

2 ,6 6 8 ,9 1 3 1 ,5 4 0,3 13 -

1 ,1 2 8 ,6 0 0 3 ,8 8 4 ,2 1 9

5 6 ,5 2 6 ,4 0 6 5 2,9 46 ,64 3 -

3 ,5 7 9 ,7 6 3 3 ,5 7 9 ,7 6 3

1 12 ,89 3,5 37 9 2,2 71 ,62 5 5 5 ,3 7 7 2 0 ,5 6 6 ,5 3 5 3 6 ,4 6 5 ,6 0 0

1 1,4 5 3 ,7 6 0 9 ,5 3 0 ,9 2 4 1 ,9 2 2 ,8 3 6 4 ,6 4 6 ,3 6 8

3 ,6 8 9 ,9 4 4 2 ,9 4 1 ,6 0 8 -

7 48 ,336 1 , 0 7 1,0 3 6

3 ,5 5 8 ,4 4 5 2 ,2 9 2 ,2 9 7 -

1 ,2 6 6 ,1 4 8 1 , 968,1*58

3 7 ,0 6 3 ,3 1 0 3 4 ,8 0 0 ,3 3 6 - -

2 ,2 6 2 ,9 7 4 2 ,2 6 2 ,9 7 4

5 5 ,7 6 5 ,4 5 9 4 9 ,5 6 5 ,1 6 5 6 ,2 0 0 ,2 9 4 9 ,9 4 8 ,8 3 6

65

ction: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(t)

GROSS

.to

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

ETHIOPIA

C re d its $ 4 1 ,3 9 3 ,1 8 2 $ 1 5 ,6 0 1 ,3 7 0 $ 5 ,5 7 2 ,5 3 7 |

G uarantees 7 ,5 l 8 , 6 l 8 1 ,8 2 6 ,9 5 2 2 4 ,5 0 0

Medium Term In su ran ce P o lic ie s 4 8 5 ,7 9 6 j 1 09 ,40 8 3 22 ,43 7

S h o rt Term Insu rance - Shipments 8 42 ,353 - -

T o ta l 5 0 ,2 3 9 ,9 4 9 | 1 7 ,5 3 7 ,7 3 0 i ,> 5 ,91 9.4 74

FALKLAND ISLANDS

S h o rt Term Insu rance - Shipm ents u ; ' 2 1 ,5 4 8 - -

FERNANDO PO and RIO HUNi

S h o rt Term in su ran ce - Shipments 2 3,7 8 3 ~ -

F U l ISLANDS

G uarantees 2 4,9 0 0 3 ,0 4 2 -

■ S h o rt Term Insu rance -S h ip m e n ts 3 4 ,1 5 7 - -

T o ta l 5 9 ,0 5 7 3 ,0 4 2 -

FINLAND

C re d its * 1 7 0 ,2 8 2 ,1 3 6 1 5 ,5 6 4 ,8 6 9 1 7 ,5 5 0 ,0 0 0

, G uarantees ,, 1 0 .5 4 1 ,1 2 5 1 ,8 1 4,3 91 6 6 9 ,9 0 0

Medium Term in su ra n c e P o lic ie s 4 3 0 ,9 0 0 7 3,7 0 0 1 31 ,300

S h o rt Term In s u ra n c e - Shipments 1 6 ,6 6 7 ,7 8 0 M M -

T o ta l 197,92 1,9 41 1 7 ,4 52 ,9 6 0 1 8 ,3 5 1 ,2 0 0

FRANCE

C re d its 1 ,6 5 2 ,0 2 2 ,3 7 3 6 8, 9 18 ,4 3 8 6 ,9 1 2 ,3 3 0

Guarantees 8 ,2 6 5 ,0 6 3 1 , 70 5 ,9 2 8 2 08 ,16 6

Medium Term Insu rance P o lic ie s 3 ,8 2 9 ,4 4 3 1 , 8 19 ,4 9 1 1 41 ,32 5

S h o rt Term Insu rance - Shipments 1 0 6 ,07 8,5 33 - - -

T o ta l 1 ,7 7 0 ,1 9 5 ,4 1 2 7 2 ,4 4 3 ,8 5 7 7 ,2 6 1 ,8 2 1

66

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

O )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 2 0 ,2 1 9 ,2 7 5 $ 1 2 ,9 0 4 ,6 0 3 $ - $ 7 ,3 1 4 ,6 7 2 $ 1 2 ,8 8 7 ,2 0 9

5 ,6 6 7 ,1 6 6 5 ,6 4 9 ,0 9 2 ' ‘ - r U 1 8 ,0 7 4 4 2 ,5 7 4

53,951 4 3 ,5 9 6 - 1 0 ,3 5 5 3 3 2 ,7 9 2

8 42 ,35 3 8 34 ,24 4 -

8 ,1 0 9 8 ,1 0 9

2 6 ,7 8 2 ,7 4 5 1 9 ,4 3 1 ,5 3 5 7 ,3 5 1 ,2 1 0 1 3*2 7 0 ,6 8 4

2 1 ,5 4 8 2 1 ,5 4 8 — -

2 3,7 8 3 2 2,0 0 3 — 1 ,7 8 0 1 ,7 8 0

2 1 ,8 5 8 8 ,3 9 3 1 3,4 6 5 1 3,4 6 5

3 4 ,1 5 7 1 5,9 78 - 1 8 ,1 7 9 1 8 ,1 7 9

5 6 ,0 1 5 24,371 - -

3 1 ,6 4 4 3 1 ,6 4 4

1 3 7 , 1 6 7 ,2 6 7 1 0 3 ,5 3 7 ,5 7 2 1 . 8 78 ,0 00 3 1 ,7 5 1 ,6 9 5 4 9 ,3 0 t ,69 5

8 , 0 5 6 ,8 3 4 6 ,0 1 9 ,2 2 7 - 2 ,0 3 7 .6 0 7 2 ,7 0 7 ,5 0 7

2 2 5 ,9 0 0 2 1 1 ,3 0 0 * T , 1 4,6 0 0 1 4 5 ,9 0 0

1 6 ,6 6 7 ,7 8 0 1 6 ,0 4 5 ,4 6 0 -

6 2 2 ,3 2 0 6 2 2 ,3 2 0

162,11 7,7 81 1 2 5 ,8 1 3 ,5 5 9 1 , 8 78 ,0 00 3 4 ,4 2 6 ,2 2 2 5 2 ,7 7 7 ,4 2 2

1 ,5 7 6 ,1 9 1 ,6 0 5 1 ,5 0 3 ,4 8 2 ,3 5 5 6 2 ,9 2 0 ,0 9 5 9 ,7 8 9 ,1 5 5 1 6 ,7 0 1 ,4 8 5

6 ,3 5 0 ,9 6 9 4 ,4 8 1 ,2 1 9 - -

1 ,8 6 9 ,7 5 0 2 ,0 7 7 ,9 1 6

1 , 8 6 8 ,6 2 7 1 ,4 4 8 ,4 4 4 - 4 2 0 ,1 8 3 5 6 1 ,5 0 8

1 0 6 ,0 7 8 ,5 3 3 9 7 ,8 0 9 ,5 4 4 - - 8 ,2 6 8 ,9 8 9 8 ,2 6 8 ,9 8 9

1 ,6 9 0 ,4 8 9 ,7 3 4 1 ,6 0 7 ,2 2 1 ,5 6 2 6 2 ,9 2 0 ,0 9 5 2 0 ,3 4 8 ,0 7 7 2 7 ,6 0 9 ,8 9 8

67

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

O )

UNDISBURSE0 OR

UNSHIPPED BALANCES

<1 MINUS 2 & 4)

FRENCH GUIANA

S h o rt Term Insu rance - Shipments $ 3 6 1 ,95 6 $ ppSp« - ' . - - V U ' , . ; .

FRENCH PACIFIC ISLANDS

Medium Term Insu rance P o lic ie s 6 2 .2 0 0 - -

■S h o rtT erm Insu rance -S h ip m e n ts 1 .8 9 8,9 11 IIpI •

.■ T o ta l 1 ,9 6 1,1 11 - -

FRENCH TERRITORY OF THE AFARS & ISSAS

S h o rt Term In su ra n c e - Shipments 5 53 ,05 2 -

, mm

FRENCH WEST INDIES

C re d its 6 0 ,0 0 0 6 0 ,0 0 0 -

Guarantees 1 09,600 189 -

Medium Tarm Insu rance P o lic ie s 3 18 ,60 0 1 6,2 00 6 7 ,6 0 0

• : S hort Term Insu rance - Shipm ents 8 ,5 6 6 ,2 3 5 -

T o ta l 9 ,0 1 6 ,2 3 5 5 6 ,3 8 9 6 7 ,6 0 0

GABON

G uarantees 9 7 9 ,20 0 9 79 ,200

S h o rt Term Insu rance - Shipments 8 3 ,6 2 6 - -

T o ta l 1 ,0 6 2 ,8 2 6 9 79 ,20 0 -

GAMBIA. THE

S h o rt Term Insu rance - Shipments 1 ,6 5 9 ,9 2 2 - - -

GERMANY. FEDERAL REPUBLIC OF

C re d its 1 3 6 ,8 1 0 ,9 1 3 3 5 .6 3 5 ,6 /6 8 ,7 5 0 ,0 0 0

G uarantees 6 ,7 1 5 ,6 9 6 3 ,2 1 3 ,3 7 2 129,100

Medium Term Insu rance P o lic ie s 1 ,9 3 8 ,9 6 1 8 2 1 ,0 5 0 2 3 ,9 2 3

S h o rt Term Insu rance ^ Shipments , 2 6 3 ,7 6 7 .3 3 8 - - -

T o ta l 3 8 7 ,2 1 2 ,6 8 6 3 9 ,6 6 9 ,8 9 6 8 , 9 0 3 ,0 2 3

68

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

cn

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 3 6 1 .9 5 6 $ 3 09 ,293 $ | '3. $ 3 2,661 $ 32,661

6 2 ,2 0 0 5 9 ,0 0 0 3 ,2 0 0 3 ,2 0 0

1 ,8 9 8 ,9 1 1 1 ,8 6 1 ,7 3 9 3 7 ,1 7 2 3 7,1 7 2

1 ,9 6 1 ,1 1 1 1 ,9 2 0 ,7 3 9 - 6 0 ,3 7 2 6 0 ,3 7 2

5 53 ,05 2 5 1 0 ,8 2 6 — 6 2 ,2 2 8 6 2 ,2 2 8

„

109,611 8 7 ,0 6 2 -

2 2 ,3 6 9 2 2 ,3 6 9

2 56 ,80 0 1 82 ,725 - 7 2 ,0 7 5 119,675

8 ,5 6 6 ,2 3 5 8 ,0 3 1 ,6 3 9 -

5 16 ,59 6 5 16 ,59 6

8 , 9 10 ,6 6 6 8 ,3 0 1 ,6 2 6 - -

6 0 9 ,0 2 0 6 5 6 ,6 2 0

_

8 3 ,6 2 6 78 ,8 6 8 -

6 ,7 5 8 4 ,7 5 8

8 3,6 2 6 7 8 ,8 6 8 - -

6 ,7 5 8 6 ,7 5 8

1 ,6 5 9 ,9 2 2 : 1 ,6 5 9 ,9 2 2 — - gjJHj

9 2 ,6 2 5 ,6 3 9 6 7 ,9 9 6 ,1 1 5 7 ,7 3 5 ,0 0 0 1 6 .6 9 6 ,3 2 6 2 5 ,6 6 6 ,3 2 6

1 ,3 7 3 ,0 2 2 7 52 ,68 7 - 6 2 0 ,5 3 5 7 69 ,63 5

1 ,0 9 3 ,9 6 8 5 6 1 ,2 9 7 -

532,671 5 5 8 ,5 9 6

2 6 3 ,7 ^ 7 ,3 3 8 2 3 2 ,3 6 7 ,0 1 8 -

1 1 ,6 0 0 ,3 2 0 1 1 ,6 0 0 ,3 2 0

3 3 8 ,6 3 9 ,7 6 7 3 0 1 ,6 5 6 ,9 1 7 7 ,7 3 5 ,0 0 0 2 9 ,2 6 7 ,8 5 0 3 8 ,1 5 0 ,8 7 3

69

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

13)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

GHANA

C re d its $ 1 3 1 ,4 4 4 ,1 9 8 $ 5 9 ,3 2 3 ,2 2 9 $ 1 5 .7 7 4 ,9 5 8

Guarantees 4 ,3 6 8 ,3 4 9 2 , 986 ,9 26 -

Medium Term Insu rance P o lic ie s ' 2 ,5 9 0 ,h 0 0 2 ,5 6 6 ,4 0 0 -

S hort Term Insurance - Shipments 2 , 6 2 5 ,0 1 2 f p r : . * - -

T o ta l 1 4 1 ,0 2 7 ,9 5 9 6 4 ,8 7 6 ,5 5 5 1 5 ,7 7 4 ,9 5 8

GIBRALTAR

S h o rt Term Insu rance Shipments 3 2 1,6 5 0 - -

GREECE

C re d its 7 8,2 06 ,03 1 3 9 , 16 6 ,8 0 2 1 81 ,760

G u ara n te e s ' 1 6 , 1 5 1 ,8 1 0 1 2 ,4 6 6 ,5 2 3 6 2 ,0 0 0

Medium Term Insu rance P o lic ie s ' 5 ,3 2 0 .3 6 3 2 ,1 4 1 ,2 1 9 7 2 2 ,3 7 8

S h o rt Term Insu rance - Shipments 2 4 , 28 6,8 06 - -

Tota 1 1 2 3 , 9 6 5,0 0 8 5 3 ,7 7 4 ,5 4 4 9 6 6 ,13 8

GREENLAND

’ S hort Term Insu rance - Shipments 17.7 0h - - -

GUATEMALA

»• C re d its 3 1 ,5 0 9 ,4 3 8 4 ,7 0 5 .0 0 3 8 ,1 8 1 ,3 0 3

G uarantees 1 2 ,8 3 3 ,8 8 4 ; 5 .5 4 3 ,0 1 6 1 ,3 3 4 ,4 8 7

Medium Term In su ran ce P o lic ie s 1 2 ,2 9 4 ,0 4 5 3 ,5 9 9 .4 3 2 1 , 18 0 ,6 5 2

¡- S h o rt Term Insu rance - Shipments ' 4 7 ,5 5 2 ,8 7 5 - -

T o ta l 1 0 4 ,1 9 0 ,2 4 2 1 3,8 47 ,45 1 1 0 ,6 9 6 ,4 4 2

GUINEA

C re d its - 1 0 7 .5 2 0 1 07 ,52 0 -

Guarantees 1 ,4 4 2 ,6 0 0 1^046,11-1 H H

Medium Tens insu rance P o lic ie s 1 ,2 4 2 ,7 0 0 5 5 7 ,4 0 0 -

S h o rt Term insu rance -'S h ip m en ts 6 8,7 3 7 - - -

T o ta l 2 ,8 6 1 ,5 5 7 1 ,7 1 1 ,0 3 1 - -

70

From the Export-Import Bank Archives

C U M U L A T IV E F R O M IN C E P T IO N IN 1 9 3 4 T H R O U G H J U N E 3 0 , 1 9 6 8

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

0 )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 5 6 ,3 4 6 ,0 1 1 $ 6 6 7 ,4 6 8 $ $ 5 5 ,6 7 8 ,5 4 3 $ 7 1 ,4 5 3 ,5 0 1

1 , 3 8 1,423 1 ,3 8 1 ,4 2 3 - IIb

M

2 4,0 00 2 4 ,0 0 0 - - -

- -

2 ,6 2 5 .0 1 2 2 ,3 8 3 ,2 8 0 Illjl 2 41 ,73 2 2 41 ,73 2

6 0 ,3 7 6 ,4 4 6 4 ,4 5 6 ,1 7 1 - -

>, 5 5 ,9 2 0 ,2 7 5 7 1 . 6 9 5 ,2 3 3

3 2 1 ,6 5 0 3 1 5 ,0 8 0 6 ,5 7 0 6 ,5 7 0

3 8 ,8 5 7 ,4 6 9 1 3,4 73 ,08 1 4 8 7 ,4 8 0 2 4 ,8 9 6 ,9 0 8 2 5 , 0 7 8 ,6 6 8

3 ,6 2 3 ,2 8 7 2 ,2 0 5 ,8 4 3 -

1 ,4 1 7 ,4 4 4 1 ,4 79 ,4 4 4

g j 2 ,4 5 6 ,7 6 6 1 ,7 9 3 ,7 7 9 -

6 6 2 ,9 8 7 1 , 3 8 5 .3 6 5

2 4 ,2 8 6 ,8 0 4 2 3 ,2 2 0 ,8 5 9 -

1 ,0 6 5 ,9 4 5 1 , 0 6 5,9 4 5

6 9 ,2 2 4 ,3 2 6 4 0 ,6 9 3 ,5 6 2 4 8 7 ,4 8 0 2 8 ,0 4 3 ,2 8 4 2 9 , 0 0 9 ,4 2 2

1 7 ,7 0 4 1 7,7 04

.. -

1 8 ,6 2 3 ,1 3 2 8 ,4 9 4 ,0 4 5 1 0 ,1 2 9 ,0 8 7 1 8 , 3 1 0 ,3 9 0

5 ,9 5 6 ,3 8 1 4 ,5 5 1 ,5 3 4 llJB 1 ,4 0 4 ,8 4 7 2 , 7 3 9 ,3 3 4

7 ,5 1 3 ,9 6 1 4 ,6 2 8 ,8 8 7 -

2 ,8 8 5 ,0 7 4 4 , 0 6 5 ,7 2 6

4 7 ,5 5 2 ,8 7 5 4 3 ,7 5 1 ,2 0 4 . - -

3 ,8 0 1 ,6 7 1 3 , 8 0 1,6 7 1

7 9 ,6 4 6 ,3 4 9 6 1 .4 2 5 ,6 7 0 1 8 ,2 2 0 ,6 7 9 2 8 , 9 1 7 , 1 2 1

3 9 6 ,4 8 9 3 9 6 ,4 8 9

-

-

-

6 8 5 ,3 0 0 4 6 0 ,4 8 0 -

2 24 ,820 • 2 24 ,82 0

6 8 ,7 3 7 6 6 ,4 6 3 -

2 ,2 7 4 2 ,2 7 4

1 ,1 5 0 ,5 2 6 9 23 ,43 2 -

2 27 ,09 4 2 27 .09 4
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

GUYANA

Guarantees $ ; 3 97 .**00 ' ' \ $ 3 97 ,40 0 " > . .-VV,

S h o rt Term Insu rance • Shipments .5 ,6 3 1 ,6 0 2 - j a g g I

T o ta l 6 ,0 2 9 ,0 0 2 3 9 7 ,4 0 0

HAITI

C re d its « ,3 2 3 .9 1 1 4 ,6 4 0 ,0 6 6 , w *

S h o rt Term Insu rance - "Shipments 2 0 8, 3« -

T o ta l « ,5 3 2 , 2 5 l i 4 ,6 4 0 ,0 6 6 -

HONDURAS

C re d its 8 ,0 4 8 ,5 0 6 3 ,1 2 5 ,9 2 0 -

G uarantees 5 .6 0 3 ,7 5 3 1 ,7 2 8 ,4 2 2 6 6 9 ,3 0 0

Medium Term In su ran ce P o lic ie s 4 ,2 1 5 ,8 3 7 1 ,5 2 1 ,8 9 9 625,541

S h o rt Term Insurance - Shipm ents 2 5 ,0 5 8 ,0 4 2 i i p

T o ta l 4 2 ,9 2 6 ,1 3 8 6 ,3 7 6 ,2 4 1 1 ,2 9 4,8 41

HONG KONG

C re d its 1 5 ,7 1 4 ,0 0 0 1 5 ,6 9 4 ,2 0 2 ' ■ V - U

Guarantees 1 5 ,1 6 8 ,3 0 0 1 5 , 16 8 ,3 0 0 -

Medium Term Insu rance P o lic ie s 4 1 0 ,7 0 0 15 7 ,2 0 6 -

S h o rt Term Insu rance - Shipments 1 8 ,3 3 3 ,1 8 2 - - -

T o ta l 4 9 ,6 2 6 ,1 8 2 3 1 , 0 1 9 ,7 0 2 -

HUNGARY

C re d its . 2 ,3 7 5 ,0 0 0 2 , 3 7 5 ,0 0 0 -

G uarantees 4 1 ,0 6 8 ,9 5 5 1 4 .9 4 7 ,4 3 5 -

S hort Term In su ra n c e.« Shipments 8 0 ,9 6 6 -

T o ta l 4 3 .5 2 4 ,9 2 1 1 7 ,3 2 2 ,4 3 5 -

72

From the Export-Import Bank Archives

C U M U L A T I V E FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

O )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

C3 PLUS 7)

$

3 ' " ■ .. $ - / ' $ $ A - v ..

5 ,6 3 1 ,6 0 2 5 ,4 0 2 ,3 1 5 -

2 2 9 ,2 8 7 2 29 ,28 7

5 ,6 3 1 ,6 0 2 5 ,4 0 2 ,3 1 5 -

2 2 9 ,2 8 7 2 2 9 ,2 8 7

3 8 ,6 8 3 ,8 4 5 3 ,6 2 0 ,8 4 5 2 9 ,0 6 3 ,0 0 0 2 9 ,0 6 3 ,0 0 0

2 08 ,343 1 07 ,925 - -

1 00 ,41 8 1 0 0 ,41 8

3 8 , 8 9 2 ,18 8 9 ,7 2 8 ,7 7 0 -

2 9 ,1 6 3 ,4 1 8 2 9 ,1 6 3 ,4 1 8

4 ,9 2 2 ,5 8 6 3 ,7 7 3 ,0 9 6 120,070 1 ,0 2 9 ,4 2 0 1 ,0 2 9 ,4 2 0

3 ,2 0 6 ,0 3 1 1 ,2 9 5 ,7 0 8 -

1 ,9 1 0 ,3 2 3 2 ,5 7 9 ,6 2 3

2 ,0 6 8 ,3 9 7 1 ,3 7 7 ,7 0 8 -

6 9 0 ,6 8 9 1 ,3 1 6 ,2 3 0

2 5 ,0 5 8 ,0 4 2 2 3 ,1 2 9 ,4 9 3 -

t , 9 2 8 ,5 4 9 1 ,9 2 8 ,5 4 9

3 5 ,2 5 5 ,0 5 6 2 9 ,5 7 6 ,0 0 5 1 20 ,07 0 5 ,5 5 8 ,9 8 1 6 ,8 5 3 ,8 2 2

1 9 ,7 9 8 1 9,7 9 8 -

-

.2 5 3 ,5 0 0 1 89 ,557 — 6 3 ,9 4 3 6 3,9 4 3

1 8 ,3 3 3 ,1 8 2 1 6 ,9 5 2 ,1 4 5 -

1 ,3 8 1 ,0 5 7 1 ,3 8 1 ,0 3 7

1 8 ,6 0 6 ,4 8 0 1 7 , 1 6 t , 500 1 ,4 4 4 ,9 8 0 1 ,4 4 4 ,9 8 0

2 6 ,1 2 1 ,5 2 0 2 2 ,2 8 3 ,7 7 2

- -

3 ,8 3 7 ,7 4 8 3 ,8 3 7 ,7 4 8

8 0 ,9 6 6 7 6 ,8 2 7 - -

4 ,1 3 9 4 ,1 3 9

2 6 ,2 0 2 ,4 8 6 2 2 ,3 6 0 ,5 9 9 -

3 ,8 4 1 ,8 8 7 3 ,8 4 1 ,8 8 7

73

I

action: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

M

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

{ t MINUS 2 & 4)

ICELAND

C ré d its $ 9 ,4 4 9 ,5 4 0 ; $ 1 ,7 5 9 ,0 9 2 $ 2 1 ,4 1 2

Guarantees 1 0 ,7 4 0 ,2 0 0 1 , 2 50 ,8 0 1 -

Medium Term Insu rance P o lic ie s 1 71,089 5 3 ,3 9 4 -

S h o rt Term Insu rance - Shipments ,5 .8 3 5 ,7 6 8 - —

T o ta l 2 6 ,1 9 6 ,5 9 7 3 , 0 6 3 ,2 8 7 2 1 ,4 1 2

INDIA

C re d its . 4 8 3 ,6 2 0 ,0 0 0 2 1 ,1 9 9 ,6 7 9 5 1 ,2 8 0 ,7 4 1

Guarantees 1 ,3 3 4 .3 9 2 1 1 ,2 7 9 ,9 1 5 - -

Medium Term Insu rance P o lic ie s 1 ,5 0 9 ,1 0 0 5 90 ,50 0 5 1 5 ,9 0 0

'S h o rt Term Insu rance - Shipm ents 9 ,2 8 4 994 - - -

T o ta l 4 9 5 ,7 4 8 ,4 8 6 2 3 , 0 70 ,0 9 4 5 1 ,7 9 6 ,6 4 1

INDONESIA

C re d its | 2 7 3 ,4 3 3 ,3 7 0 1 0 3 ,6 9 1 ,7 1 5 ’ -

Gua ra n te es 2 ,2 7 2 ,1 6 1 2 , 2 7 2 ,1 6 1 -

S h o rt Term In su ran ce - Shipments 3 ,5 9 3 ,7 8 4 - - - -

T o ta l 2 7 9 ,2 9 9 ,3 1 5 1 0 5 , 9 6 3 ,8 76 -

1 RAN

^ v ? re d l ts 2 7 5 ,7 0 0 ,2 7 8 4 4 ,4 8 2 ,9 9 1 9 1 ,4 4 9 ,2 9 4

Guarantees 2 1 ,8 9 8 ,2 4 7 7 ,5 0 8 ,2 8 7 - 2 ,0 5 8 ,4 2 4

Medium Term Insu rance P o lIc i es 1 6 ,4 3 1 ,6 1 5 4 ,5 0 5 ,9 9 1 2 ,5 8 9 .7 6 7

-A fS h o rt Term Insu rance p Shipments V 1 4 ,6 8 3 ,9 6 2 - - -

V ; T o ta ls ' ' 328^714,102 5 6 ,4 9 7 ,2 6 9 9 6 ,0 9 7 ,4 8 5

74

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

0 )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 7 ,6 6 9 ,0 3 6 $ 1 ,8 3 0 ,7 3 4 $ 5 ,8 3 8 ,3 0 2 $ 5 ,8 5 9 ,7 1 4

9 ,4 8 9 ,3 9 9 9 ,4 3 7 ,9 9 2 -

5 1 .4 0 7 5 1 ,4 0 7

1 17 ,695 9 9,0 45 -

1 8,6 5 0 1 8,6 50

5 ,8 3 5 ,7 6 8 5 ,6 3 3 ,5 4 9 -

2 0 2 ,2 1 9 2 0 2 ,21 9

2 3 ,1 1 1 ,8 9 8 1 7 ,0 0 1 ,3 2 0 -

6 ,1 1 0 ,5 7 8 6 ,1 3 1 ,9 9 0

4 1 1 ,1 3 9 ,5 8 0 1 1 8 ,2 1 5 ,1 6 4 1 , 15 6 ,0 0 0 2 9 1 ,7 6 8 ,4 1 6 3 4 3 ,0 4 9 ,1 5 7

5 4,4 77 5 4 ,4 7 7 - - — —

4 0 2 ,7 0 0 2 4 7 ,7 0 0 - -

1 55 ,00 0 6 7 0 ,9 0 0

9 ,2 8 4 ,9 9 4 9 ,1 4 0 ,5 4 2 -

... 1 44 ,45 2 1 44 ,45 2

4 2 0 ,8 8 1 ,7 5 1 1 27 ,6 5 7 ,8 8 3 1 , 15 6 ,0 0 0 2 9 2 ,0 6 7 ,8 6 8 3 4 3 ,8 6 4 ,5 0 9

1 6 9 ,7 4 1 ,6 5 5 8 1 ,3 5 5 ,9 5 0 1 4 8 8 ,3 8 5 ,7 0 5 8 8 ,3 8 5 ,7 0 5

3 ,5 9 3 ,7 8 4 $ .5 9 3 ,7 8 4 -

-

-

1 7 3 ,3 3 5 ,4 3 9 8 4 ,9 4 9 ,7 3 4 -

8 8 ,3 8 5 ,7 0 5 8 8 ,3 8 5 ,7 0 5

1 3 9 ,7 6 7 .9 9 3 7 2 ,6 6 8 ,6 1 9 724 297 6 6 ,3 7 5 ,0 7 7 1 5 7 ,82 4,3 71

1 2 ,3 3 1 ,5 3 6 3 , 7 8 0 ,2 4 1 - 8 ,5 5 1 ,2 9 5 1 0 ,6 0 9 ,7 1 9

9 ,3 3 5 ,8 5 7 5 ,8 3 1 ,4 6 3 - 3 ,5 0 4 ,3 9 5 6 ,0 9 4 ,1 6 2

1 4 ,6 8 3 ,9 6 2 -1 3 ,8 6 4 ,9 1 1 -

8 1 9 ,0 5 0 8 1 9 ,0 5 0

1 7 6 ,1 1 9 ,3 4 8 9 6 ,1 4 5 ,2 3 4 7 24 ,29 7 7 9 ,2 4 9 ,8 1 7 . 1 7 5 .3 4 7 ,3 0 2

75

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

' (1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

IRAQ.

C re d its . $ 1 4 ,3 0 7 ,2 1 6 $ » ,3 3 7 ,6 5 7 $ 2 ,0 5 2 ,7 4 6

G uarantees 8 ,1 5 0 ,2 0 0 8 ,1 5 0 ,2 0 0 - -

Mediurn .Term in s u ra n c e , Po1ic i e s | 9 0 2 ,2 2 6 7 4 7 ,9 5 6 ■ ■. 5 ,5 0 8

S h o rt Term In su ran ce - Shipments 3 ,2 6 5 ,6 1 5 •' - - -

T o ta l 2 6 ,6 2 5 ,2 5 7 1 0 ,2 3 5 ,8 1 3 2 ,0 5 8 ,2 5 4

IRELAND

C re d its 3 6 ,6 2 0 ,2 2 2 4 ,8 4 0 ,2 2 2 3 1 ,7 8 0 ,0 0 0

Guarantees 9 ,5 0 4 ,8 5 0 1 ,9 6 5,8 41 -

Medium Term Insu rance P o lic ie s 4 1 7 ,0 4 4 176,621 4 ,5 6 7

S h o rt Term Insu rance - Shipm ents 5 ,0 0 0 ,9 7 5 - -

T o ta l .51 ,54 3 ,0 9 1 6 ,9 8 2 ,6 8 4 3 1 ,7 8 4 ,5 6 7

ISRAEL

C re d its 2 6 2 ,4 0 3 ,8 8 0 1 ,7 5 0 ,2 9 7 2 8 ,9 3 4 ,3 5 0

G uarantees 2 1 , 1 8 3 ,0 1 1 1 ,6 0 2 ,3 8 4 5 79 ,69 2

S h o rt Term Insu rance - Shipments 1 9 , 554 ,4 4 4 - - -

T o ta l 3 0 3 ,1 4 1 ,3 3 5 3 ,3 5 2 ,6 8 1 2 9 ,5 1 4 ,0 4 2

ITALY

C re d its 1 ,0 7 6 ,3 6 3 ,1 4 8 1 93 ,37 2,7 21 2 2 3 ,3 2 3 ,7 0 6

G uarantees 6 ,3 2 1 ,5 6 2 5 .4 1 7 ,1 4 3 1 26 ,200

Medium Term Insu rance P o lic ie s 2 ,7 4 7 ,2 5 2 9 87 ,12 5 4 1 8 ,4 5 7

' S h o rt Term In su ran ce - Shipments » 7 1 ,7 5 9 ,3 3 5 - - - -

T o ta l 1 , 2 5 7 . 1 9 1 ,2 9 7 1 9 9 ,7 7 6 ,9 8 9 2 2 3 ,8 6 8 ,3 6 3

76

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS S St 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 1 0 ,9 i6 ,8 l3 $ 1 ,2 7 6 ,8 1 8 ■ $ ' 1 $ 9 ,6 3 9 ,9 9 5 $ 1 1,6 92 ,74 1

1 48 ,762 148,762 -

5 .5 0 8

: 3 ,2 6 5 ,6 1 5 3 ,2 6 5 ,6 1 5 — —

1 4 ,3 3 1 ,1 9 0 4 ,6 9 1 ,1 9 5 -

9 .6 3 9 ,9 9 5 1 1 ,6 9 8 ,2 4 9

3 1 ,7 8 0 ,0 0 0

7 ,5 3 9 ,0 0 9 5 ,4 3 7 ,3 0 4 -

2 ,1 0 1 ,7 0 5 2 ,1 0 1 ,7 0 5

2 35 ,85 6 1 38 ,089 -

9 7 ,7 6 7 1 02 ,33 4

5 ,0 0 0 ,9 7 5 4 ,7 2 0 ,8 2 0 -

2 8 0 ,1 5 5 2 80 ,155

1 2 ,7 7 5 ,8 4 0 1 0 ,2 9 6 ,2 1 3 -

2 ,4 7 9 ,6 2 7 3 4 ,2 6 4 ,1 9 4

2 3 1 ,7 1 9 ,2 3 2 1 7 2 ,2 7 7 ,9 8 5 6 ,5 3 6 ,9 9 7 5 2 ,9 0 4 ,2 5 0 8 1,8 38 ,60 1

1 9 ,0 0 0 ,9 3 6 1 3 ,4 2 4 ,3 9 4 5 ,5 7 6 ,5 4 2 6 ,1 5 6 ,2 3 3

1 9 ,5 5 4 ,4 4 4 1 7 ,6 7 0 ,5 0 9 1 ,8 8 3 ,9 3 5 1 ,8 8 3 ,9 3 5

2 7 0 ,2 7 4 ,6 1 2 2 0 3 ,3 7 2 ,8 8 8 6 , 5 3 6 ,9 9 7 6 0 ,3 6 4 ,7 2 7 8 9 ,8 7 8 ,7 6 9

6 5 9 ,6 6 6 ,7 2 1 2 58 ,8 5 6 ,6 3 1 3 5 5 , 2 1 5 ,3 1 7 4 5 ,5 9 4 ,7 7 3 2 6 8 ,9 1 8 ,4 7 9

7 7 8 ,2 1 9 510,791

- 1

2 6 7 ,4 2 8 3 9 3 ,6 2 8

1 ,3 4 1 ,6 7 0 1 ,0 4 4 ,2 1 9 -

297,451 7 1 5 ,9 0 8 \

1 7 1 ,7 5 9 .3 3 5 1 6 3 ,8 5 5 , t 10 - -

7 ,9 0 4 ,2 2 5 7 ,9 0 4 ,2 2 5

8 3 3 ,5 4 5 ,9 4 5 4 2 4 ,2 6 6 ,7 5 1 3 5 5 , 2 1 5 ,3 1 7 5 4 ,0 6 3 ,8 7 7 2 7 7 .9 3 2 ,2 4 0

77

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

{ »

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

IVORY COAST

. -C re d its A 4 8 ,2 1 6 ,1 1 0 $ 3 ,7 9 3 ,4 4 5 $ 3 6 ,5 0 0 ,0 0 0

G uarantees '1 2 ,3 7 8 ,0 0 0 119,932 -

Mediai»; Tenti In su ran ce P o lic ie s 1 ,7 4 9 ,7 0 0 4 3 6 ,4 0 0 -

1 S h o rt Term Insu rance ». Shipments 2 ,4 7 2 ,7 1 3 - —

6 4 ,8 1 6 ,5 2 3 4 ,3 4 9 ,7 7 7 3 6 ,5 0 0 ,0 0 0

JAMAICA

C r e d its '' . 1 1 ,1 2 7 ,5 0 0 8 3 ,2 1 8 5 ,1 1 3 .4 6 3

■■ . G uarantees ' i ,3 0 6 ,0 4 7 5 93 ,99 3 1 17 ,30 0

MedI urn Ten» Insu rance P o lic ie s 6 22 ,00 0 1 08 ,200 ¿9 5,9 00

S h o rt Term Insu rance - Shipments'¿if. • 3 1 ,3 3 5 ,2 1 5 - —

T o ta l 4 4 ,3 9 0 ,7 6 2 785,411 5 , 52 6 ,6 6 3

JAPAN

C re d its 1 ,7 8 1 ,8 5 4 ,7 3 6 1 5 7 ,5 9 9 ,4 9 6 2 4 8 ,4 0 4 ,3 6 4

G uarantees 6 l4 ,6 4 8 ,/4 6 4 3 ,1 5 4 ,1 1 5 2 ,3 6 4 ,3 9 6

Medium Term Insu rance P o lic ie s 8 ,8 8 7 ,1 2 3 2 ,3 1 9 .7 5 1 -

! S h o rt Term In su ran ce - Shipm ents i " 8 3 ,7 3 6 ,4 2 6 - —

■ T o ta l 2 ,4 8 9 ,1 2 7 ,0 3 1 2 0 3 ,0 7 3 ,3 6 2 2 5 0 , 76 8 ,7 6 0

JORDAN

C re d its 1 7 26 ,02 9 392 -

G uarantees 1 ,1 4 0 ,8 2 1 ; 294,975 1 02 ,20 0

Medium Term in su ran ce P o lic ie s / 1 ,9 5 3 ,9 0 0 1 ,5 0 4 ,4 0 0 -

S hort Term Insu rance - Shipments 777.333 - - —

T o ta l 5 ,5 9 8 ,0 8 3 , - 1 ,7 9 9 ,7 6 7 102,200

78

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

KENYA

Credt ts $ 2 8,1 0 0 $ 2 8,1 0 0 $

Guarantees 138,100 1 38 ,100 . —

Medium Term Insu rance P o lic ie s 5 76 ,40 0 7 5 ,4 0 0 3 3 4 ,5 5 0

S h o rt T e rn Insu rance . Shipments 2 ,9 5 1 ,8 8 9 - H illi

T o ta l 3 ,6 9 4 ,4 8 9 2 4 1 ,6 0 0 3 3 4 ,5 5 0

KOREA. REPUBLIC OF

C re d its 2 1 ,8 6 6 ,1 4 2 1 ,8 8 8 ,4 5 3 1 6 , 5 5 3 ,7 9 0

Guarantees 7 ,8 9 8 ,9 0 0 3 ,2 5 9 ,2 1 9 3 , 8 8 5,20 1

Medium Term insu rance P o lic ie s Í , 2 06 ,80 0 7 4 5 ,5 0 0 4 6 1 ,3 0 0 '

S hort Term Insu rance - Shipments 1 ,3 7 4 ,5 7 5 -

. T o ta l 3 2 ,3 4 6 ,4 1 7 5 , 8 9 3 ,17 2 2 0 ,9 0 0 ,2 9 1

KUWAIT

C re d its i? 5 0 , 000,000 ~ 7 ,3 5 6 ,8 1 3

G uarantees 8 ,6 6 1 ,0 4 4 5 ,5 0 7 ,2 6 4

Medium Term Insu rance P o lic ie s 5 29 ,18 0 1 02 ,600 2 5 9 ,9 0 0

S hort Term In su ran ce - Shipments 2 4 ,3 0 8 .3 4 9 - - -

T o ta l 8 3 ,4 9 8 ,5 7 3 5 ,6 0 9 ,8 6 4 7 ,6 1 6 ,7 1 3

LAOS

S h o rt Term Insu rance - Shipments 7 9,6 73 - - -

LATVIA

C re d its 1 ,9 0 3 ,0 0 0 1 ,8 9 2 ,2 1 8

LEBANON

C re d its 2 9 ,6 8 0 ,8 0 0 2 7 ,1 2 2 ,6 9 9 —

G uarantees 529,211 2 92 ,833 —

Medium Term Insu rance P o lic ie s 2 ,6 6 3 ,7 1 1 1 ,3 6 4 ,2 5 7 1 32 ,200

S h o rt Term Insu rance - Shipments 1 3 ,1 5 0 ,7 7 5 -

T o ta l 4 6 ,0 2 4 ,4 9 7 2 8 ,7 7 9 ,7 8 9 132,200

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

C5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

TO OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$

$ - ; ■ 6

‘U j j i - - m w

16 6 ,4 5 0 5 9 ,9 6 7 - 1 § • 1 06 ,483 4 4 1 ,0 3 3

2 , 9 5 1,8 8 9 2 , 7 4 2 ,7 3 7 -

2 0 9 ,t5 2 2 0 9 ,1 5 2

3 , 1 1 8 ,3 3 9 2 , 8 0 2,70 4 *

3 15 ,63 5 6 5 0 ,18 5

3 ,4 2 3 ,8 9 9 2 36 ,06 6 3 ,1 8 7 ,8 3 3 1 9 ,7 4 1 ,6 2 3

7 54 ,48 0 2 5 ,4 4 8 7 2 9 ,0 3 2 4 ,6 1 4 ,2 3 3

_ — — ■ -

4 6 1 ,3 0 0

1 ,3 7 4 ,5 7 5 3 7 1 ,4 3 6 -

1 ,0 0 3 ,1 3 9 1 ,0 0 3 ,1 3 9

5 ,5 5 2 ,9 5 4 6 3 2 ,9 5 0 - -

4 ,9 2 0 ,0 0 4 2 5 ,8 2 0 ,2 9 5

4 2 ,6 4 3 ,1 8 7 4 2 ,6 4 3 ,1 8 7 5 0 ,0 0 0 ,0 0 0

3 ,1 5 3 ,7 8 0 3 47 ,61 3 . ijpfij 2 ,8 0 6 ,1 6 7 2 ,8 0 6 ,1 6 7

1 66 ,680 1 10 ,67 2 ¡11111 5 6 ,0 0 8 3 15 ,90 8

2 4 ,3 0 8 ,3 4 9 1 7 ,6 4 1 ,0 0 6 6 ,6 6 7 ,3 4 3 6 ,6 6 7 ,3 4 3

7 0 ,2 7 1 ,9 9 6 1 8,0 99 ,29 1 5 2 ,1 7 2 ,7 0 5 5 9 .7 8 9 ,4 1 8

7 9 ,6 7 3 3 5 ,5 4 8 4 4 ,1 2 5 4 4 ,1 2 5

1 0,782 1 0,7 82 __ — | | | ^

2 ,5 5 8 ,1 0 1 9 43,962 1 ,6 1 4 ,1 3 9 1 ,6 1 4 ,1 3 9

2 3 6 ,3 7 8 1 38 ,39 9 . ... 9 7 ,9 7 9 9 7 ,9 7 9

1 ,1 6 7 ,2 5 4 9 43 ,74 4 2 23 ,51 0 3 5 5 ,7 1 0

1 3 ,1 5 0 ,7 7 5 1 2,2 67 ,97 1 8 8 2 ,8 0 4 8 82 ,80 4

1 7 ,1 1 2 ,5 0 8 1 4 ,2 9 4 ,0 7 6 WMM 2 ,8 1 8 ,4 3 2 2 ,9 5 0 ,6 3 2

81

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

H )

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

LESOTHO

'¿¿Short Term insu rance - Shipments $ 3 1 ,1 7 3 \

■ $ $

LESSER ANTILLES

S h o rt Term In su ra n c e -S h ip m e n ts 1 ,6 1 8

-

LIBERIA

C re d its ■■■■ 1 0 8 ,5 7 5 ,7 1 5 6 ,0 7 5 ,5 5 1 , .,*1 ^ 1 1 0 ,0 0 0

Guarantees 2 ,6 4 9 ,7 6 0 4 5 4 ,3 9 9 —

Medium Term insu rance P o lic ie s 16 2 ,8 6 8 1 2 3 ,2 0 0

S h o rt Term Insu rance - Shipments 1 2 ,5 4 7 .7 2 9 - -

T o ta l 1 2 3 ,9 3 6 ,0 7 2 6 ,6 5 3 ,1 5 0 t , 1 10 ,000

LIBYA

C re d its \ 1 09 ,000 543 - - ■

./ G uarantees ; 1 ,3 9 5 ,8 0 0 4 4 5 .3 8 5 1 0 2 ,2 2 1

Medium Term Insu rance P o lic ie s 285,331 168,531 7 ,1 0 0 ■

S h o rt Ten» Insu rance - Shipments 2 741 766 -

T o ta l 4 ,5 3 1 ,8 9 7 ' ■' 6 1 4 ,4 5 9 109,321

LIECHTENSTEIN

S h o rt Term insu rance - Shipments 19,776 - - -

LUXEMBOURG

| S h o rt Term insu rance - Shipments 1 34 ,872 - 1

MACAO

S h o rt Term Insu rance - Shipments 237 : ‘- - -

MADEIRA ISLANDS

S h o rt Term 1nsurance - Shipments 1 54 ,398

- -

82

From the Export-Import Bank Archives G

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS 5 & 61

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 3 1 ,1 7 3 $ 3 1,0 2 3 $

7 ' $ 150 $ 150

1 ,6 1 8 ; 1 ,3 7 2 — 246 m 246

1 0 1 ,3 9 0 ,1 6 4 1 4 ,7 9 5 ,6 6 0 8 6 ,5 9 4 ,5 0 4 8 7 ,7 0 4 ,5 0 4

2 ,1 9 5 ,3 6 1 1 ,3 1 0 ,8 0 2 - -

8 8 4 ,5 5 9 8 8 4 ,5 5 9

3 9 ,6 6 8 3 9 ,6 6 8 ills —

1 2 ,5 4 7 ,7 2 9 1 1 ,9 8 1 ,6 6 3 56 6 ,0 6 6 5 6 6 ,0 6 6

1 1 6 ,1 7 2 ,9 2 2 2 8 ,1 2 7 ,7 9 3 8 8 ,0 4 5 ,1 2 9 8 9 ,1 5 5 ,1 2 9

108,457 1 08 ,457

; U |g || _ _

8 4 8 ,1 9 4 8 42 ,91 5 -

5 ,2 7 9 1 07 ,50 0

1 09 ,700 4 5 ,7 0 0 - 6 4 ,0 0 0 7 1 ,1 0 0

2 ,7 4 1 ,7 6 6 2 ,4 4 4 811 -

2 96 ,95 5 2 96 ,95 5

3 , 8 0 8 ,1 1 7 3 ,4 4 1 ,8 8 3 - 3 6 6 ,2 3 4 I 4 7 5 ,5 5 5

1 9,776 1 9,7 76 — 9i'0M

134,872 1 32 ,733 - - 2 ,1 3 9 2 ,1 3 9

237 - - -

1 54 ,398 152,957 0 0 W ^ 1,441 1,441

83

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4 )

MALAGASY REPUBLIC

Guarantees $ 950,491 $ j U ' ’ ;: I 1 63 ,58 8

S h o rt Term Insu rance - Shipments 2,100,3*10 - -

t o t a l 3 ,0 5 0 ,8 3 1 - 1 63 ,58 8

MALAYSIA. FEDERATION OF

C re d its 37,941,5*10 3 1 ,2 4 2 ,8 7 2

G uarantees 3 ,1 5 0 ,7 0 0 2 ,7 9 7 ,5 2 6 3 1 4 ,60 0

Medium Term in su ran ce P o lic ie s : 1 70 ,00 0 600

S hort Term Insu rance -S h ip m e n ts 5 ,9 1 4 ,5 2 4

- -

T o ta l 4 7 ,1 7 6 ,7 6 4 2 , 7 9 8 ,2 2 1 3 1 ,5 5 7 ,4 7 2

MALDIVE ISLANDS

S h o rt Term Insu rance - Shipments 4 0 9 ,4 3 0

- -

MALTA

Medium Term In su ra n c e P o lic ie s 3 7 ,4 0 0 1,7 0 0 _

S h o rt Tens insu rance - Shipments 9 96 ,57 8 - -

T o ta l 1 ,0 3 3 ,9 7 8 1 ,7 0 0

MAURITANIA

S h o rt Term Insu rance - Shipments 6 2 ,7 5 7 -

MAURITIUS

Guarantees 1 84 ,700 118 _

S h o rt Term Insu rance - Shipments 3 73 ,61 6

- -

T o ta l 5 5 8 ,3 1 6 1 1 8 -

84

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(51

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

(7)

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 7 86 ,90 3 $ 681,691 $ i .. -

$ 1 05 ,212 ■ $ 2 68 ,80 0

2 ,1 0 0 ,3 4 0 1 ,8 5 3 ,6 5 8 -

2 46 ,68 2 2 46 ,68 2

2 ,8 8 7 ,2 4 3 2 ,5 3 5 ,3 4 9 3 51 ,89 4 5 15 ,48 2

6 ,6 9 8 ,5 7 3 7 1 .3 0 5 6 ,6 2 7 ,2 6 8 3 7 ,8 7 0 ,1 4 0

3 8 ,5 7 4 3 8 ,5 7 4 | ||y j 3 14 ,60 0

1 69 ,40 0 1 50 ,044 1 9 ,3 5 6 1 9 ,3 5 6

5 ,9 1 4 ,5 2 4 5 ,1 8 7 ,1 0 7 7 2 7 ,4 1 7 7 27 ,417

1 2,8 21 ,07 1 5 ,4 4 7 ,0 3 0 -

7 ,3 7 4 ,0 4 1 3 8 ,9 3 1 ,5 1 3

4 0 9 ,4 3 0 3 6 0 ,8 4 9 — 4 8,5 81 4 8 ,5 8 1

3 5 ,7 0 0 2 ,9 7 5 3 2 ,7 2 5 3 2 ,7 2 5

9 9 6 ,5 7 8 9 60 ,96 2 -

3 5 ,6 1 6 3 5 ,6 1 6

1 ,0 3 2 ,2 7 8 9 6 3 ,9 3 7 -

68,341 6 8,341

6 2 ,7 5 7 6 2 ;7 5 7 - - l ? / 4 i

184,582 1 68 ,26 3 1 6,3 1 9 1 6 ,3 1 9

3 7 3 ,6 1 6 3 50 ,78 3 -

2 2,8 3 3 2 2,8 3 3

5 5 8 ,1 9 8 5 19 ,04 6 3 9 ,1 5 2 3 9,1 52

85

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

MEXICO

C re d its $ 1 ,3 5 0 ,2 8 2 ,8 7 1 $ 3 6 9 ,1 0 3 ,6 5 5 $ 1 3 6 ,2 2 3 ,3 8 8

G uarantees 2 0 0 ,7 6 7 .6 0 8 8 2 ,8 7 7 ,0 6 5 15.1*98,980

Medium Term Insu rance P o lic ie s 8 1 ,8 9 3 ,9 2 2 2 9 ,8 7 7 ,2 7 6 9 ,613,1*08

‘ Short Term Insu rance - Shipments 235 310,71*1

-

' T o ta l 1 ,8 6 8 ,2 5 5 ,T1# i*8l ,8 5 7 ,9 9 6 1 6 1 ,3 3 5 ,7 7 6

MONACO

S h o rt Term Insu rance - Shipments 1 37 ,86 8

-

MOROCCO

C re d its 2 5 .6 9 8 ,7 5 1 6 ,01*0,100 13,1*35,393

Guarantees 2 ,9 ta ,1 0 0 2 ,8 0 1 ,3 0 0 11*6,800

Medium Term in su ran ce P o lic ie s 1 ,0 5 8 ,1 0 0 . 1*80,300 3 ,8 0 0

S h o rt Term Insu rance - Shipments 3 ,8 6 9 ,7 2 9 - -

T o ta l 33,571*,680 9 ,3 2 1 ,7 0 0 H 1 3 , 5 8 5 ,9 9 3

MOZAMBIQUE

C re d its 1 7 ,0 0 0 ,0 0 0 1*,5 ta ,7 9 2 --

Guarantees : 3 , 1*8 7 , 1*11* 3 ,4 4 4 ,6 0 0 , 1 8,6 93

Medium Term In su ra n c e P o lic ie s 12 6 ,9 3 8 1 26 ,93 8 __

S hort Term In su ran ce - Shipments 2 , 3 2 3 ,8 1 5 - j|ljg

T o ta l 2 2 ,9 3 8 ,1 6 7 8 ,1 1 9 ,3 3 0 18 ,6 9 3

MUSCAT AND OMAN

S h o rt Term Insu rance - Shipments 1 60 ,552 . - - -

NEPAL

G uarantees ■ 3 52 ,21 9 3 5 2 ,2 1 9 __

S hort Term In su ran ce r Shipm ents 1*,5i*1* - -

T o ta l 3 56 ,76 3 3 5 2 ,2 1 9 -

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 193A THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

O )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 8 4 4 ,9 5 5 ,8 2 8 $ 5 4 2 ,4 8 4 ,8 2 9 $ 1 4 ,9 3 1 ,2 9 3 $ 2 8 7 ,5 3 9 ,7 0 6 $ 4 2 3 ,7 6 3 ,0 9 4

1 0 2 ,3 9 1 ,5 6 3 4 8 ,5 2 6 ,4 3 0 - 5 3 .8 6 5 ,1 3 3 6 9 ,3 6 4 ,1 1 3

1*2,1*03,238 2 4 ,8 5 4 ,1 0 1 -

1 7 .5 4 9 ,1 3 7 2 7 ,1 6 2 ,5 4 5

235,310,71*1 2 2 1 ,9 2 0 ,6 4 2 -

1 3 ,3 9 0 ,0 9 9 1 3 ,3 9 0 ,0 9 9

,1 ,2 2 5 ,0 6 1 ,3 7 0 8 3 7 ,7 8 6 ,0 0 2 1 4 ,9 3 1 ,2 9 3 3 7 2 ,3 4 4 ,0 7 5 5 3 3 .67 9,8 51

1 37 ,868 1 36 ,03 9 — 1 ,8 2 9 1 ,8 2 9

6 ,2 2 3 ,2 5 8 6 6 6 ,2 9 3 5 ,5 5 6 ,9 6 5 1 8 ,9 9 2 ,3 5 8

„ -

146,800

5 7 4 ,0 0 0 100,740 -

4 7 3 ,2 6 0 4 7 7 ,0 6 0

3 ,8 6 9 ,7 2 9 , 3 ,4 8 0 ,4 1 0 - -

3 8 9 ,3 1 9 3 89 ,31 9

1 0 ,6 6 6 ,9 8 7 4 ,2 4 7 ,4 4 3 6 ,4 1 9 ,5 4 4 2 0 ,0 0 5 ,5 3 7

1 2 ,1*5 2 ,2 0 8 5 ,1 9 9 *4 3 3 7 ,2 5 2 ,7 7 5 7 ,2 5 2 ,7 7 5

24,121 C 1 6,6 14 -

7 ,5 0 7 2 6,2 00

2 ,3 2 3 ,8 1 5 , 2 ,1 2 9 ,3 1 4 -

194,501 194,501

1 4 ,8 0 0 ,1 4 4 7 ,3 4 5 ,3 6 1 - 7 ,4 5 4 ,7 8 3 7 ,4 7 3 ,4 7 6

160,552 ... : 1 55 ,472 — 5 ,0 8 0 5 ,0 8 0

4 ,5 4 4 4 ,5 4 4

-

i l l -

4 ,5 4 4 4 ,5 4 4 - -

-

87

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

:U h U f

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

NETHERLANDS

C re d its $ 3 0 3 ,2 8 2 ,8 1 3 9 7 ,9 9 8 ,2 6 7 $

Guarantees 1 ,7 9 6 ,2 2 5 2 3 ,9 7 8 1 ,7 2 8 ,0 0 0

Medium Term Insu rance P o lic ie s 5 3 6 ,2 0 0 4 7 7 ,7 0 0 —

S hort Term Insu rance - Shipments 1 2 6 ,1 0 0 ,9 1 6

- -

T o ta l h3Tii 7 16 ,15 4 9 8 ,4 9 9 ,9 4 5 1 ,7 2 8 ,0 0 0

NETHERLANDS ANTILLES

G uarantees 4 3 ,4 7 0 4 3 ,4 7 0 —

Medium Term Insu rance P o lic ie s 2 72 ,10 0 5 3 ,4 0 0 1 2,8 77

S h o rt Term Insu rance ¿ Shipments 2 7 ,6 3 8 ,4 4 4

-

T o ta l 2 7 ,9 5 4 ,0 1 4 9 6,8 70 1 2 ,8 7 7

NEW CALEDONIA

„ Medium Term Insu rance P o lic ie s 8 5 ,4 0 0 - -

S hort Term in su ran ce - Shipments 8 0,9 1 6 g j

T o ta l 166,316

- -

NEW GUINEA. TERRITORY OF

Medium Term Insurance P o lic ie s 2 1 ,7 0 0 — _

S h o rt Term In su ran ce m Shipments 7 3 ,0 0 6 I - -

T o ta l 9 4 ,7 0 6 i l l l l l - -

NEW ZEALAND

C re d its 1 0 9 ,19 8,5 41 3 , 8 0 0 ,2 7 1 5 8 ,4 5 1 ,8 4 2

G uarantees 2 ,2 6 7 ,7 0 6 7 66 ,81 3 . .

Medium Term Insu rance P o lic ie s 1 ,4 3 5 ,4 4 4 4 9 2 ,0 2 2 83,451

S h o rt Term In s u ra n c e -. Shipments 2 7 ,4 7 0 ,4 5 1 - -

T o ta l 1 4 0 ,3 7 2 ,1 4 2 . 5 ,0 5 9 ,1 0 6 5 8 ,5 3 5 ,2 9 3

From the Export-Import Bank Archives C

CUMULATIVE FROM INCEPTION IN 193A THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

O )

OUTSTANDING

BALANCES

(4 MINUS S & 8)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 2 0 5 ,2 8 4 ,5 4 6 $ 2 0 5 ,2 8 4 ,5 4 6 ’V § S H B H H $

4 4 ,2 4 7 2 5 ,3 2 5 -

18 ,9 2 2 1 ,7 4 6 ,9 2 2

5 8 ,5 0 0 . 4 7 ,3 0 0 -

1 1,2 00 1 1,2 00

1 2 6 ,1 0 0 ,9 1 6 1 1 5 ,5 9 6 ,0 7 4 È - - ' : 1 0 ,5 0 4 ,8 4 2 1 0 ,5 0 4 ,8 4 2

3 3 1 ,4 8 8 ,2 0 9 3 2 0 ,9 5 3 ,2 4 5 -

1 0 ,5 3 4 ,9 6 4 1 2 ,2 6 2 ,9 6 4

2 05 ,823 1 59 ,400

3 j j 9 n

4 6 ,4 2 3 5 9 ,3 0 0

2 7 ,6 3 8 ,4 4 4 2 6 ,3 6 0 ,3 0 0 -

1 ,2 7 8 ,1 4 4 1 ,2 7 8 ,1 4 4

2 7 ,8 4 4 ,2 6 7 2 6 ,5 1 9 ,7 0 0 ~ 1 ,3 2 4 ,5 6 7 1 ,3 3 7 ,4 4 4

8 5 ,4 0 0 5 1,9 8 3 3 3 ,4 1 7 3 3,4 17

80^916 4 0 ,6 1 3 -

4 0 ,3 0 3 4 0 ,3 0 3

1 66 ,31 6 9 2 ,5 9 6 ~

7 3 ,7 2 0 7 3 ,7 2 0

2 1 ,7 0 0 . 2 0 ,0 0 0 1 ,7 0 0 1 ,7 0 0

7 3 ,0 0 6 7 1 ,9 1 8 -

1,0 8 8 1 ,0 8 8

9 4 ,7 0 6 9 1 ,9 1 8 -

2 ,7 8 8 2 ,7 8 8

4 6 ,9 4 6 ,4 2 8 2 6 ,7 2 8 ,6 2 7 t , 0 00,000 19,2 17 ,80 1 7 7 ,6 6 9 ,6 4 3

1 ,5 0 0 ,8 9 3 1 ,3 8 4 ,2 6 4 1 16 ,62 9 1 16 ,62 9

859,971 6 4 8 ,4 8 8 -

2 11 ,48 4 2 9 4 ,9 3 5

2 7 ,4 7 0 ,4 5 1 2 6 ,4 6 8 ,0 9 4 - 1 ,0 0 2 ,3 5 6 1 ,0 0 2 ,3 5 6

7 6 ,7 7 7 ,7 4 3 5 5 ,2 2 9 ,4 7 3 1 ,0 0 0 ,0 0 0 2 0 ,5 4 8 ,2 7 0 7 9 ,0 8 3 ,5 6 3

89

;tion: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

NICARAGUA

C re d its ' $ 3 1 ,G i l ,301 $ G .13G .008 $ G ,9 32 ,10 0

Guarantees 1 1 ,4 2 4 ,0 8 9 5 ,1 5 8 ,0 9 0 2 ,0 l6 ,G 0 6

Medtum Term Insurance P o lic ie s 1 3 ,4 2 1 ,4 1 3 3 ,6 2 5 ,G92 2 ,5 6 1 ,0 1 9

, S hort Term Insu rance * Shipments 3 1 ,5 1 6 ,6 9 8 - - -

T o ta l 8 7 ,7 7 3 ,5 0 1 1 2 ,9 1 5 ,5 8 8 9 ,5 0 9 .5 2 5

NIGER

S h o rt Term In su ran ce - Shipments 2 02 ,79 5 - -

Nig e r ia

y C redi ts 1 7 ,3 8 0 ,0 0 0 10,859,3G 3 1 1 | |

Guarantees 4 ,3 6 1 ,1 1 0 4 ,0 5 9 .1 5 9 109,593

Nedturn Term Insu rance P o lic ie s 1 ,6 8 6 ,5 4 0 1 17 ,900 9 1 ,7 4 0

S h o rt Term Insu rance - Shipments 8 ,5 3 G ,3 87 - -

T o ta l 3 1.9 G 2 .03 7 15.036.GO2 2 01 ,33 3

NORWAY

C re d its 1 1 2 ,3 5 8 ,2 0 0 6 0 ,6 8 7 ,9 5 8 —

G uarantees G63.1O0 1 7,233 ’ 2 30 ,80 0

Medium Term In su ran ce P o lic ie s 3 5 3 ,3 5 0 2 7 ,8 5 0 1 08 ,20 0

S h o rt Term Insu rance - Shipments 2 2 .0 9 1 ,2 3 0 - -

T o ta l 1 3 5 ,2 8 5 ,8 8 0 6 0 .7 3 3 .0 G l 3 39 ,00 0

PAKISTAN

C re d its 13G.8G7.5G7 1 9 ,5 6 2 ,3 7 2 .6 8 ,5 0 6 * 8 1 2

Guarantees 1 2 ,9 5 6 ,4 8 8 3 .2 G 1.9 63 3 5 9 ,7 0 0

Medium Term Insu rance P o lic ie s 3 9 1 ,9 0 0 3 91 ,90 0 -

S h o rt Term In su ra h c e^ H ^h lp ra e n ts , i 2 ,7 8 2 ,2 3 7 -

T o ta l 1 5 0 , 9 7 8 .1 7 2 2 3 ,1 9 6 ,2 3 5 6 8 , 8 6 6 ,5 12

90

From the Export-Import Bank Archives G

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

0 )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ . 2 2.3 G 5 .19 5 $ 1 8 , 3 6 2 ,6 8 8 $ - ■ $ 3 ,9 8 2 ,5 0 7 $ 8 ,9 1 4 ,6 0 7

G ,2 51 ,59 3 2 ,8 1 4 ,1 7 2 ~ c" 1 ,4 3 7 ,4 2 1 3 ,4 5 3 ,8 2 ?

7 ,2 3 4 ,9 0 2 3 ,7 9 0 ,4 9 4 - - 3 ,4 4 4 ,4 0 8 6 ,0 0 5 ,4 2 7

3 1 , 5 16 ,6 9 8 2 9 ,7 9 1 ,0 9 8 -

1 , 7 2 5 ,6 0 0 t , 72 5 ,6 0 0

6 5 .3 G 8 .3 8 8 5 4 ,7 5 8 ,4 5 2 -

1 0 ,5 8 9 ,9 3 6 2 0,0 99 ,46 1

2 02 ,79 5 1 94,466 8 ,3 2 9 \

8 ,3 2 9

6 ,5 0 0 ,6 5 7 2 ,1 0 7 ,6 9 3

4 *3 9 2 ,9 6 4 4 ,3 9 2 ,9 6 4

1 92 ,35 8 8 7 ,3 1 7 - -

1 05 ,041 2 14 ,63 4

1 ,4 7 6 ,9 0 0 1 ,3 4 8 ,2 2 8 -

128,672 2 20 ,412

8 ,5 3 4 ,3 8 7 8 ,5 1 4 ,2 9 8 - 2 0 ,0 8 9 2 0 ,0 8 9

16^704,302 1 2 ,0 5 7 ,5 3 6

■ H fi 4 ,6 4 6 ,7 6 6 4 ,8 4 8 ,0 9 9

5 1 ,6 7 0 ,2 4 2 5 0 ,8 9 3 ,3 9 5 7 7 6 ,8 4 7 7 76,847

2 15 ,067 1 22 ,987 -

9 2 ,0 8 0 3 2 2 ,8 8 0

2 17 ,30 0 * 1 46 ,44 2 - -

7 0 ,8 5 8 17 9 ,0 5 8

2 2 ,0 9 1 ,2 3 0 2 0 ,4 9 7 ,5 9 3 -

1 ,5 9 3 ,6 3 7 1 ,5 9 3 .6 3 7

7 4 ,1 9 3 ,8 3 9 7 1 ,6 6 0 ,4 1 7 - -

2 ,5 3 3 ,4 2 2 2 ,8 7 2 ,4 2 2

4 6 ,7 7 8 ,3 6 3 1 9 ,1 5 7 ,1 4 3 2 7 , 6 2 1 ,2 2 0 9 6 ,1 2 8 ,0 3 3

9 ,3 5 4 ,8 2 5 8 ,8 5 4 ,9 9 5 -

4 9 9 ,8 2 9 8 5 9 ,5 2 9

2 ,7 8 2 ,2 3 7 2 ,6 2 3 ,8 2 5 ’ : - -

158,413 158,413

5 8 ,9 1 5 ,4 2 5 3 0 ,6 3 5 ,9 6 3 -

2 8 ,2 7 9 ,4 6 2 9 7 ,1 4 5 ,9 7 5

91
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(t)

GROSS

m

LAPSED OR ASSUMED

BY OTHERS

PANAMA

- C re d its , I $ 3 6 , 9 2 1,0 0 0 $ 2 , 5 5 1 ,665 $ 4 8 1 ,0 0 0

Guarantees 7 ,0 1 2 ,2 1 8 5 ,0 9 4 ,6 2 1 7 5 ,0 7 2 .

Medium Term Insu rance P o lic ie s 5 .1 3 8 ,3 1 h 1 ,0 0 9 ,6 1 9 8 1 5 ,2 4 8

S h o rt Term Insu rance - Shipments 5 5 ,4 7 8 ,8 7 6 -

T o ta l 1 0 4 ,5 5 0 ,4 0 8 8 ,6 5 5 ,9 0 5 1 ,3 7 1 ,3 2 0

PARAGUAY

^ & r e d ! ts 1 8 ,1 7 3 ,5 0 0 1 ,6 0 0 ,7 7 6 -

Guarantees 1 ,5 0 2 ,1 9 8 8 3 9 ,6 3 8 1 95,000

Medium Term insu rance P o lic ie s 1 ,1 1 8 ,5 0 0 2 95 ,30 0 . 6 3 5 ,5 4 7

S h o rt Term In su ran ce i Shipments 2 ,5 6 0 ,8 7 6 - -

T o ta l 2 3 ,3 5 5 ,0 7 4 2 ,7 3 5 .7 1 4 8 30 .54 7

PERU

C re d its 3 7 2 ,5 3 0 ,5 0 0 1 0 1 ,3 9 9 ,5 0 8 1 6 ,4 0 7 ,3 9 2

' Guarantees 3 9 .8 2 5 ,7 9 4 1 6 ,0 9 0 ,1 3 6 3 ,0 8 5 ,9 5 1

Medium Term Insurance. P o lic ie s 2 4 ,8 8 0 ,5 7 8 9 ,0 0 7 ,6 1 5 4 , 6 6 6 ,8 78

S hort Term Insu rance - Shipments 1 0 4 ,0 0 7 ,1 6 9 -

T o ta l 5 4 1 ,24 4,0 41 1 2 6 ,4 9 7 ,2 5 9 2 4,1 40 ,22 1

PHILIPPINES

C re d its 3 1 4 , $1*0,000 1 3 9 , 1 9 3 ,5 5 1 1 5 ,4 5 1 ,5 4 3

G uarantees 3 8 ,1 0 8 ,0 5 1 1 4 ,2 0 4 ,6 5 8 4 ,4 2 7 ,2 6 5

Medium Term insu rance P o lic ie s 1 9 ,5 3 4 ,4 9 2 8 ,5 2 0 ,5 1 3 3 ,2 9 4 ,1 9 8

' S h o rt Term In su ra n c e;«: Shipments 3 7 ,9 6 0 ,0 8 6 J

T o ta l 4 1 0 ,5 4 2 629 1 61 ,9 1 8 ,7 2 2 2 3 , 17 3 ,0 0 6

92

From the Export-Import Bank Archives

C U M U L A T I V E FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

t4>

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

(7)

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 3 3 ,8 8 8 ,3 3 5 $ 1 5 ,0 9 5 ,6 7 2 $ - $ 1 8 ,7 9 2 ,6 6 3 $ 1 9 .2 7 3 ,6 6 3

1 ,8 4 2 ,5 2 5 6 0 1 ,5 2 7 -

1 ,2 4 0 ,9 9 8 1 ,3 1 6 ,0 7 0

3 ,3 1 3 ,4 4 7 2 ,4 4 2 ,0 2 5 ,

8 71 ,42 2 1 ,6 8 6 ,6 7 0

5 5 ,4 7 8 ,8 7 6 5 1 ,5 1 2 ,9 9 6 -

3 ,9 6 5 ,8 8 0 3 , 9 65,880

9 4 ,5 2 3 ,1 8 3 6 9 ,6 5 2 ,2 2 0 2 4 ,8 7 0 ,9 6 3 2 6 ,2 4 2 ,2 8 3

1 6 ,5 7 2 ,7 2 4 9 ,9 9 6 ,7 9 7 6 ,5 7 5 ,9 2 7 6 ,5 7 5 .9 2 7

4 6 7 ,5 6 0 3 10 ,70 5 -

156,855 3 51 ,855

187,653 1 7,590 ~ . 170,063 8 0 5 ,6 1 0

2 ,5 6 0 ,8 7 6 2 ,2 6 8 .4 9 7 -

2 9 2 ,3 7 9 2 92 ,37 9

1 9 ,7 8 8 ,8 1 3 1 2 ,5 9 3 .5 8 9 -

7 ,1 9 5 ,2 2 4 8 , 0 2 5 ,7 7 1

2 5 4 ,7 2 3 ,6 0 0 19t ,0 8 7 ,7 6 9 1 14 ,565 6 3 ,5 2 1 ,2 6 6 7 9 .9 2 8 ,6 5 8

2 0 ,6 4 9 ,7 0 7 1 3 ,8 0 8 ,4 2 4 6 ,8 4 1 ,2 8 3 9 ,9 2 7 ,2 3 4

1 1 ,2 2 6 ,0 8 5 7 ,7 6 5 ,5 5 5 3 .4 6 0 ,5 3 0 8 ,1 0 7 ,4 0 8

1 0 4 ,0 0 7 ,1 6 9 1 0 1 ,0 0 9 ,1 9 4 Wgm 2 ,9 9 7 ,9 7 5 2 ,9 9 7 ,9 7 5

3 9 0 ,60 6,5 61 3 13 ',6 7 0 ,9 4 2 1 1 4 ,5 6 5 7 6 ,8 2 1 ,0 5 4 1 0 0 ,9 6 1 ,2 7 5

1 6 0 ,2 9 4 ,9 0 6 7 4 ,0 3 4 ,7 9 2 2 , 2 74 ,8 0 7 8 3 ,9 8 5 ,3 0 7 9 9 ,4 3 6 ,8 5 0

1 9 ,4 7 6 ,1 2 8 5 ,4 7 5 ,4 7 7 1 4,0 00 ,65 1 1 8 ,4 2 7 ,9 1 6

7 .7 1 9 ,7 8 1 4 ,1 0 2 ,8 1 6 -

3 ,6 1 6 ,9 6 5 6 ,9 1 1 .1 6 3

3 7 ,9 6 0 ,0 8 6 3 6 ,2 8 3 ,5 9 5 1 ,6 7 6 ,4 9 1 1 ,6 7 6 ,4 9 1

2 25 ,45 0,9 01 1 1 9 ,8 9 6 ,6 8 0 2 , 2 7 4 ,8 0 7 1 0 3 ,2 7 9 ,4 1 4 1 2 6 ,4 5 2 ,4 2 0

93

lection: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

POLAND

C re d its $ 5 2 ,9 0 6 ,7 4 3 $ 9 ,3 5 9 ,3 3 1 $

Guarantees 4 ,2 1 4 ,2 2 1 2 67 ,79 5 6 3 ,5 0 0

.S h ort Term In su ran ce -S h ip m e n ts 1 7.5 26 - -

T o ta l ‘ 5 7 ,1 3 8 ,4 9 0 9 ,6 2 7 ,1 2 6 6 3 ,5 0 0

PORTUGAL

C re d its 8 4 ,4 9 6 ,0 4 8 5 ,2 4 0 ,4 9 9 5 , 17 4 ,9 9 7

G uarantees 1 1 ,7 3 6 ,5 9 9 8 ,2 1 9 ,9 9 2 8 46 ,70 0

Medium Term Insu rance P o lic ie s . 5 21 ,10 0 : 2 21 ,40 0 5 1 ,5 6 6

'Short Term Insu rance - Shipments 1 0 ,9 5 5 ,0 3 4 - - -

T o ta l 1 07 ,70 8,7 81 1 3 , 6 8 1,8 9 1 6 ,0 7 3 ,2 6 3

PORTUGUESE GUINEA

: S hort Term Insu rance - Shipments 4 ,5 9 7 - -

PUERTO RICO

C re d lts 4 50 ,00 0 - - - -

QATAR

Medium Term insu rance P o lic ie s 9 4 ,8 0 0 / - ; - A 9 4,8 00

S hort Term In su ran ce - Shipments 9 4 4 ,2 4 4 - -

1 ,0 3 9 ,0 4 4 - 9 4 ,8 0 0

RHODESIA

C r e d it s ' 4 0 ,0 0 0 4 0 ,0 0 0 —

Guarantees 9 3 ,2 0 0 125

-Short Term In su ran ce - Shipments 2 ,1 6 0 ,4 0 6 - - -

T o ta l 2 ,2 9 3 ,6 0 6 4 0 ,1 2 5

RHODESIA/ZAMBIA

Guarantees 9 ,9 8 1 ,4 0 0 9 ,9 8 1 ,4 0 0 -

94

From the Export-Import Bank Archives C

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

O )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 4 3 ,5 4 7 ,4 1 2 $ 3 4 , 7 2 6 ,2 9 4 $ 1 , 1 1 8 $ 8 ,8 2 0 ,0 0 0 $ 8 ,8 2 0 ,0 0 0

3 ,8 8 2 ,9 2 6 3 ,8 8 2 ,9 2 6 -

6 3 ,5 0 0

1 7,5 26 1

1 7,5 26 1 7,5 2 6 - .

4 7 ,4 4 7 ,8 6 4 3 8 ,6 0 9 ,2 2 0 1 , 1 1 8 8 ,8 3 7 ,5 2 6 8 ,9 0 1 ,0 2 6

7 4 ,0 8 0 ,5 5 2 2 ,5 7 1 ,4 4 8 3 , 3 5 8 ,6 0 2 6 8 ,1 5 0 ,5 0 2 7 3 ,3 2 5 ,4 9 9

2 ,6 6 9 ,9 0 7 1 ,0 0 8 ,7 5 7 1 ,6 6 1 ,1 5 0 2 ,5 0 7 .8 5 0

2 4 8 ,1 3 4 1 34 ,816 -

U 3 .3 1 8 1 64 ,88 4

1 0 ,9 5 5 ,0 3 4 1 0 ,3 7 2 ,8 8 9 ’ .

5 82 ,14 5 5 8 2 ,1 4 5

8 7 ,9 5 3 ,6 2 ? 1 4 ,0 8 7 ,9 1 0 3 , 3 58 ,6 0 2 7 0 ,5 0 7 ,1 1 5 7 6 .5 8 0 ,3 7 8

4 ,5 9 7 250 ' 4 ,3 4 7 4 ,3 4 7

4 5 0 ,0 0 0 4 5 0 ,0 0 0

_ _

94 ,8 0 0

9 4 4 ,2 4 4 8 73 ,05 5 -

7 1 ,1 8 9 7 1 , 1 8 9

9 4 4 ,2 4 4 -8 7 3 ,0 5 5 -

7 1 ,1 8 9 1 6 5 .9 8 9

9 3 ,0 7 5 7 8,2 0 0 1 4,8 7 5 1 4 ,8 7 5 /

2 ,1 6 0 ,4 0 6 2 ,1 6 0 ,4 0 6 - - — —

2 ,2 5 3 ,4 8 1 2 , 2 3 8 ,6 0 6 -

1 4,8 7 5 1 4,8 75

. .

- - -

95

323-244 Ö - 68 -
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(31

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

{ « '

GROSS

(2)

LAPSED OR ASSUMEO

BY OTHERS

RUMANIA

C re d its " % ' V- . 5 0 ,0 0 0 $ 50 ,00 0 $ . jly f

Gua ra n te es 2 0, 000,000 - 2 ,0 1 8 ,7 5 3

S h o rt Term In su ran ce - Shipments 10,463 - - - -

T o ta l 2 0 ,0 6 0 ,4 6 3 50 ,0 0 0 '2 ,0 1 8 ,7 5 3

RWANDA - URUNDI

S h o rt Term Insu rance - Shipments - - -

RYUKYU ISLANDS

G uarantees 16 2 ,2 0 0 -

Medium Term Insu rance P o lic ie s 3 05 ,80 0 3 ,8 0 0 1 51 ,700

S h o rt Term In su ran ce - Shipments 2 ,6 3 0 ,8 7 0 - -

T o ta l 3 ,0 9 8 ,8 7 0 : 3 ,8 0 0 1 5 1 ,7 0 0

ST. PIERRE AND MIOUELON

S h o rt Term In su ran ce - Shipm ents 1 5 7 ,0 7 8 .. - -

SAUDI ARABIA

C re d its . 6 1 ,2 1 3 ,4 0 0 3 4 ,4 1 3 ,7 2 7 1 2 , 000,000

Guarantees 3 , 2 28 ,8 0 0 2 ,1 4 7 ,0 5 1 1 06 ,000

Medium Term Insu rance P o lic ie s 1 2 ,7 8 4 ,8 9 8 5 ,3 7 1 ,5 8 2 9 7 4 ,8 4 4

S h o rt Term In su ra n c e - Shipments 1 2 ,4 1 2 ,7 8 6 - -

T o ta l 8 9 ,6 3 9 ,8 8 4 4 1 ,9 3 2 ,3 6 0 1 3 ,0 8 0 ,8 4 4

SENEGAL

C re d its 1 , 230,0 0 0 1 ,2 4 6 900,000

S h o rt Term Insu rance ^ S h ip m e n ts 4 7 7 ,0 4 4 - - -

T o ta l 1 ,7 0 7 ,0 4 4 1 ,246 90 0 ,0 0 0

SEYCHELLES

S h o rt Term Insu rance «• Shipments 7 ,5 7 2 - -

96

From the Export-Import Bank Archives C

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(61

SALES OF LOANS

AND LOANS

CHARGED OFF

O )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ $

$ - - - - $ .

1 7 ,9 8 1 ,2 4 7 2 ,5 8 5 ,7 5 9 V 1 5 ,3 9 5 ,4 8 8 1 7,4 14 ,24 1

1 0,463 10,463 W '& C s '-- p s p j l » !

17,991»710 2 , 5 9 6 ,2 2 2 -

1 5 .3 9 5 .4 8 8 1 7,4 14 ,24 1

812 812 .V :: —

16 2 ,2 0 0 3 5,8 03 1 26 ,397 1 26 ,39 7

1 50 ,30 0 10 2 ,7 0 0 -

4 7 ,6 0 0 1 99 ,30 0

2 ,6 3 0 ,8 7 0 2 ,3 0 0 ,6 5 3 8j|la5 3 3 0 ,2 1 7 3 30 ,21 7

2 ,9 4 3 ,3 7 0 2 ,4 3 9 ,1 5 6 - -

5 0 4 ,2 1 4 6 5 5 .9 1 4

5 7 ,0 7 8 5 1 ,2 3 0 5 ,8 4 8 5 ,8 4 8

1 4 ,7 9 9 ,6 7 3 1 4 ,7 9 9 ,6 7 3

1 2 , 0 00,000

9 7 5 ,7 4 9 § j 957.111 1 8 ,6 3 8 1 2 4 ,6 3 8

6 ,4 3 8 ,4 7 2 3 , 7 0 1,6 2 6 -

2 ,7 3 6 ,8 4 6 3 ,7 1 1 .6 9 0

1 2 ,4 1 2 ,7 8 6 i t »8 1 1 ,2 7 3 : m 6 01 ,51 3 6 01 ,51 3

3 4 ,6 2 6 ,6 8 0 3 1 ,2 6 9 ,6 8 3 3 .3 5 6 ,9 9 7 16,437,84.1

3 2 8 ,7 5 4 2 28 ,00 0 1 00 ,75 4 1 ,0 0 0 ,7 5 4 ,

4 7 7 ,0 4 4 4 44 ,29 6 3 2 ,7 4 8 3 2 ,7 4 8

8 0 5 ,7 9 8 6 7 2 ,2 9 6 1 33 ,50 2 1 ,0 3 3 ,5 0 2

\ 5 7 ,5 7 2 7 .5 7 2 | — -

97
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1)

GROSS

<Z)

LAPSED OR ASSUMED

BY OTHERS

Ö1

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

SIERRA LEONE

C re d its $ 1 0 ,2 3 4 ,0 0 0 $ 3 4 ,0 0 0

Guarantees 15 8 ,0 0 0 1 58,000

Medium Term Insu rance P o lic ie s 2 2 ,2 0 0 ; : 100 -

S h o rt Term in su ra n c e - Shipments 4 3 7 ,2 1 1 : ~ \ 8 -

T o ta l 1 0 , 8 5 1 ,4 1 1 1 9 2 ,1 0 0 -

SINGAPORE

G uarantees 3 .3 3 9 ,6 0 0 9 1 1 ,0 8 2 - 1 ,9 4 6 ,2 4 4

Medium Term In su ran ce P o lic ie s 9 0 ,4 0 0 2 8 ,5 0 0 -

S hort Term insu rance - Shipments 2 ,0 9 0 ,8 6 6 -

T o ta l 5 ,5 2 0 ,8 6 6 9 3 9 ,5 8 2 1 ,9 4 6 ,2 4 4

SOMALI REPUBLIC

-Medium Term in su ran ce P o lic ie s 3 2 ,7 0 0 2 3 ,9 0 0

S h o rt Term In su ra n c e • Shipments .65,564 - - -

T o ta l 9 8 ,2 6 4 2 3 ,9 0 0 -

SOUTH AFRICA. REPUBLIC OF

|p | | r e d it s 1 6 7 ,2 9 1 ,4 8 5 5 ,2 1 8 ,9 4 3 -

Guarantees 2 5,2 01 ,71 1 2 ,6 5 2 ,1 0 2 2 0 ,0 1 8 ,0 1 4

Medium Term Insu rance P o lic ie s 2 ,1 5 5 ,2 1 3 , 135.894 8 78 ,04 0

S h o rt Term Insu rance^»'S hipm ents 7 7 ,0 3 5 ,6 1 8 - -

T o ta l 2 7 1 684 027 8 ,0 0 6 ,9 3 9 . 2 0 ,8 9 6 ,0 5 4

SPAIN

GYC,red i ts 6 2 4 ,9 7 7 ,5 2 5 5 5 ,3 6 4 ,8 0 9 1 2 2 ,9 4 2 ,2 7 4

Guarantees 4 7 ,7 7 9 ,2 5 2 2 8 ,5 5 4 ,0 0 8 4 ,3 0 4 ,8 2 0

Medium Term insu rance P o lic ie s 3 ,6 7 5 .9 0 6 . 2 ,4 7 1 ,7 6 0 6 0 ,10 0 ,

S h o rt Term in su ran ce ••"Shipments. 6 0 ,8 3 6 .1 8 3 H H j j -

T o ta l . 7 3 7 ,2 6 8 ,8 6 6 8 6 ,3 9 0 ,5 7 7 1 2 7 ,3 0 7 .1 9 '*

98

From the Export-Import Bank Archives C

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

( »

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 1 0 , 20 0,0 00 $ "

$ 1 0 , 2 0 0,0 00 $ 1 0 , 2 0 0,0 00

2 2 ,1 0 0 2 2 ,1 0 0 l i * • -

4 37 ,211 4 3 6 ,7 8 4 f y~ 427 4 27

1 0,6 59 ,31 1 4 58 ,88 4 -

1 0 ,2 0 0 ,4 2 7 1 0 ,2 0 0 ,4 2 7

4 8 2 ,2 7 4 9 4 ,9 6 7 3 8 7 ,3 0 7 I 2 ,3 3 3 .5 5 1

/ 6 1 ,9 0 0 2 ,1 0 0 p ip | r 59 ,8 0 0 5 9 ,8 0 0

2 , 090,8 6 6 1 ,8 7 0 ,2 2 7 - -

2 2 0 ,6 3 9 2 2 0 ,6 3 9

2 ,6 3 5 ,0 4 0 1 »967,294 - - 6 6 7 ,7 4 6 2 ,6 1 3 ,9 9 0

8 ,8 0 0 8 ,8 0 0

_

6 5 .5 6 4 6 1,8 8 3 3 ,6 8 1 3 ,6 8 1

7 4 ,3 6 4 7 0,6 83 -

3 ,6 8 1 3 ,6 8 1 . ■

1 6 2 ,0 7 2 ,5 4 2 1 45 ,2 1 1 ,4 5 7 t 2 , 7 36 ,155 4 ,1 2 4 ,9 3 0 4 ,1 2 4 ,9 3 0

| ¿ ,5 3 1 ,5 5 6 1 ,2 4 4 ,6 8 4 1 , 2 8 6, 9 1V 2 1 ,3 0 4 ,9 2 5

1 ,1 4 1 ,2 7 9 3 42 ,05 2 ' / ■ 7 9 9 ,2 2 7 t ,6 7 7 ,2 6 7

7 7 ,0 3 5 ,6 1 8 / 7 1 ,1 4 6 ,5 2 2 -

5 ,8 8 9 ,0 9 6 5 ,8 8 9 ,0 9 6

2 4 2 ,7 8 1 ,0 3 4 2 1 7 ,9 4 4 ,7 1 5 1 2 ,7 3 6 ,1 5 5 1 2 ,1 0 0 ,1 6 4 3 2 ,9 9 6 ,2 1 8

4 4 6 ,6 7 0 ,4 4 2 1 3 2 ,1 8 8 ,7 0 4 2 4 ,2 6 0 ,4 6 5 2 9 0 ,2 2 1 ,2 7 3 4 1 3 ,1 6 3 ,5 4 7

: 1 4 ,9 2 0 ,4 2 4 ’ 9 ,6 0 8 ,9 8 2 - -

5 ,3 1 1 ,4 4 2 9 ,6 1 6 ,2 6 2

1 ,1 4 4 ,0 4 6 8 08 ,14 3 - 3 35 ,90 3 3 96 ,00 3

6 0 ,8 3 6 ,t8 3 \ 5 7 ,4 5 2 ,3 5 6 - -

3 ,3 8 3 ,8 2 7 3 .3 8 3 ,8 2 7

5 2 3 ,5 7 1 ,0 9 5 2 0 0 ,0 5 8 ,1 8 5 2 4 ,2 6 0 ,4 6 5 2 9 9 ,2 5 2 ,4 4 5 4 2 6 ,5 5 9 ,6 3 9

99

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

SUDAN

C re d its $ 4 ,8 0 7 ,5 0 0 $ 4 ,8 0 7 ,5 0 0 P p i l l i .

G uarantees 1 ,3 4 8 ,6 3 6 1 ,3 1 4 ,1 2 6

Medium Term Insu rance P o lic ie s 1 ,8 2 0 ,8 0 0 V ,7 54 ,70 0 y , - - , :

S h o rt Term Insu rance - Shipments 1 ,9 3 6 ,4 5 5 - -

T o ta l 9 ,9 1 3 , ‘391 7 , 8 7 6 ,3 2 6 -

SURINAM

C re d its 5 ,1 1 5 ,6 7 7 ;125,763 4 , 9 50 ,00 0

G uarantees 5 8 2 ,7 1 !! •• 1 01 ,686 3 3 0 ,4 3 4

Medium Term insu rance P o lic ie s 8 8,5 0 0 3 8 ,2 0 0 4 2 ,7 0 0

S h o rt Term Insu rance - Shipments 5 ,9 9 1 ,0 3 7 - - -

T o ta l 1 1 ,7 7 7 ,9 2 9 2 65 ,64 9 5 .3 2 3 ,1 3 4

‘SWEDEN

C re d its 9 8 ,8 0 1 ,5 0 0 1 3 ,4 0 4 ,3 9 2 4 1 ,4 0 0 ,0 0 0

Guarantees 8 ,9 2 5 ,0 8 1 1 ,2 5 7 ,6 8 3 1 ,2 9 3 ,5 8 5 . '

Medium Term insu rance P o lic ie s 5 ,0 8 9 ,1 5 1 2 93 ,96 7 5 7 1 ,2 1 t

S h o rt Term In s u ra n c e .». Shipments 4 8 ,8 5 2 .2 8 8 -

T o ta l 1 6 1 ,6 6 8 ,0 2 0 1 4 ,9 5 6 ,0 4 2 4 3 , 2 6 4 ,7 9 6

SWITZERLAND

;■ C re d its 6 2 8 ,6 7 7 . 5 4 ,0 5 5

G uarantees 5 7 6 ,3 0 ° 2 89 ,947 A * * - * / -

Medium Term Insu rance P o lic ie s 175,100 3 8 ,5 0 0 -

, ; S h o rt Term In su ran ce - Shipments 4 9 ,5 5 7 ,0 0 8 -

T o ta l 5 0 ,9 3 7 ,0 8 5 3 82 ,502

100

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

w

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

0 )

OUTSTANDING

BALANCES

(4 MINUS 5 St 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ : $ , — $ " * ' $ f ' NpP

3 4 , 5 1 0 3 4,5 10 - - - "

6 6 ,1 0 0 6 6 ,1 0 0 - -

1 ,9 3 6 ,4 5 5 1 ,9 3 6 ,4 5 5 ~

H A U S —

2 ,0 3 7 ,0 6 5 2 ,0 3 7 ,0 6 5 - -

-

3 9 ,9 1 4 3 9 .9 1 6

4 , 9 5 0 ,0 0 0

. 1 50 ,595 1 39,530 1 1,0 66 3 4 1 ,5 0 0

7 ,6 0 0 3 ,6 8 3 m 4 ,1 1 7 6 6 ,8 1 7

5 ,9 9 1 ,0 3 7 * 5 ,6 6 6 ,9 3 6 * - f ‘ *

3 4 6 ,1 0 0 3 6 6 ,1 0 0

6 ,1 8 9 ,1 6 6 5 ,8 2 7 ,8 6 3 \ ; - U • 3 6 1 ,2 8 3 5 ,6 8 6 ,6 1 7

4 3 ,9 9 7 .1 0 8 9 , 7 3 6 ,6 6 5 3 4 ,2 6 0 ,6 6 3 7 5 ,6 6 0 ,6 6 3

6 ,3 7 3 ,8 1 3 1 , 0 1 9 , 7 5 6 - 5 ,3 5 4 ,0 5 7 8 ,6 4 7 ,6 6 2

4 ,2 2 3 ,9 7 3 1 ,0 1 8 ,7 1 3 ¡ ¡ j | | 1 3 ,2 0 5 ,2 6 0 3 ,7 7 6 ,6 7 1

4 8 ,8 5 2 ,2 8 8 6 6 ,5 7 3 ,2 6 2 2 ,2 7 9 ,0 4 6 2 ,2 7 9 ,0 6 6

1 0 3 ,4 4 7 ,1 8 2 5 8 , 3 6 8 , 1 5 6 4 5 ,0 9 9 ,0 2 6 8 8 ,3 6 3 ,8 2 2

5 74 ,62 2 5 76 ,62 2

. .

2 8 6 ,35 3 2 84 ,35 3 C ' " A v ; - —

1 36 ,60 0 6 3 ,1 7 5 -

• ' 9 3.4 25 9 3 ,6 2 5

4 9^ 5 5 7 ,0 0 8 6 7 ,3 0 6 ,8 8 9 ¡£ ||| 2 ,2 5 2 ,1 1 9 2 ,2 5 2 ,1 1 9

5 0 ,5 5 4 ,5 8 3 6 8 ,2 0 9 ,0 3 9 -

2 ,3 4 5 ,5 4 4 2 ,3 6 5 ,5 6 6

101

lection: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(1) .

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

SYRIAN ARAB REPUBLIC

: C re d lts $ 5,16*1,500 $ 5 ,0 6 2 ,1 2 9 / $ • • / - 4 ; F

Guarantees 4 ,6 9 8 ,9 6 1 2 ,9 7 4 ,4 8 8 -

Medium Term Insu rance P o lic ie s 1 ,8 9 8 ,9 0 0 1 ,7 7 5 ,1 0 0 -

S h o rt Term Insu rance - Shipments 1 ,6 4 6 ,2 0 9 mm I -

1 3 ,4 0 8 ,5 7 0 9 , 8 1 1 , 7 1 7 WÊ1

TAHITI

Medium Term in su ran ce P o l1c ie s 3 9 ,3 0 0 -

1 9,0 00

S hort Term Insu rance - Shipments 419,601 - - —

T o ta l 458,901 1 9,0 0 0 '

TANZANIA

Guarantees 126,100 126,100 - -

Medium Term in su ran ce P o lic ie s 1 85 ,300 143,200 4 2 ,1 0 0

S h o rt Term in su ran ce - Shipments 8 05 ,56 0 -

T o ta l 1 ,1 1 6 ,9 6 0 2 6 9 ,30 0 4 2 ,1 0 0

THAILAND

C re d its .7 9 ,1 3 8 ,5 9 0 2 1 ,4 6 5 .5 1 5 1 2,5 38 ,58 1

G uarantees 1 9 .6 7 4 ,9 7 4 1 4 ,2 1 0 ,5 0 2 1 ,0 8 0 ,0 2 6

Medium Term In su ran ce P o lic ie s 7 ,1 0 4 ,0 5 5 4 ,8 7 5 ,4 1 8 357,031

S h o rt Term Insu rance - Shipments 1 7 ,3 5 0 ,5 7 9 —

T o ta l 1 2 3 , 2 6 8 ,19 8 4 0 ,5 5 1 ,4 3 5 1 3 ,9 7 5 ,6 3 8

TIMOR

S h o rt Term Insu rance - Shipments 1 0,6 77 g|8g —

TOGO

Guarantees 5 9 .0 0 0 5 9 ,0 0 0 -

S h o rt Term Insu rance » Shipm ents 4 0 3 ,7 1 8 —

T o ta l ; 4 6 2 ,7 1 8 5 9 ,0 0 0 -

102

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(51

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

0 PLUS 7)

$ 102,371 4 9,871 $ 5 2 ,5 0 0 $ . . .

1 ,7 2 4 ,4 7 3 7 4 0 ,7 0 3 is lf e 9 8 3 ,7 7 0 9 8 3 ,7 7 0

1 23 ,800 8 2 ,7 6 0 - -

4 1 ,0 4 0 4 1 ,0 4 0

1 ,6 4 6 ,2 0 9 1 ,6 4 6 ,2 0 9 | a | p | |

3 ,5 9 6 ,8 5 3 2 ,5 1 9 ,5 4 3 5 2 ,5 0 0 1 ,0 2 4 ,8 1 0 1 ,0 2 4 ,8 1 0

2 0 ,3 0 0 2 ,5 3 8 1 7,7 6 3 3 6,7 63

4 19 ,60 1 2 84 ,21 7 - -

135,383 135,383

439,901 2 86 ,75 5 i 1 1 j j 153,146 1 72 ,146

- 1' f P l -

4 2 ,1 0 0

8 0 5 ,5 6 0 6 8 9 ,7 5 2 1 15 ,80 8 1 15 ,80 8

8 0 5 ,56 0 6 8 9 ,7 5 2 1 1 5 ,8 0 8 1 5 7 ,9 0 8

4 5 ,1 3 4 ,4 9 3 ' .1 7 ,7 9 7 ,9 0 5 ; 7 14 ,2 8 6 2 6 ,6 2 2 .3 0 2 3 9 ,1 6 0 ,8 8 3

4 ,3 8 4 ,4 4 6 . 3 ,2 5 2 ,3 0 7 -

1 ,1 3 2 .1 3 9 2 , 2 1 2 ,1 6 5

1 ,8 7 1 ,6 0 7 8 93 ,19 7 | | 9 78 ,41 0 1 ,3 3 5 ,4 4 1

1 7 ,3 5 0 ,5 7 9 1 6 ,2 4 8 ,6 8 8 1 ,1 0 1,8 91 1 ,1 0 1 ,8 9 1

6 8 ,7 4 1 ,1 2 5 - 3 8 . i 9 2 .O9 7 A 7 14 ,286 2 9 .8 3 4 ,7 4 2 4 3 .8 1 0 .3 8 0

1 0,6 7 7 1 0,6 77 .. IjllJ J - -

4 0 3 ,7 1 8 3 17 ,47 5

r

8 6 ,2 4 3 8 6,2 43

4 0 3 ,7 1 8 .1 3 17 ,47 5 M S B 8 6,2 4 3 8 6 ,2 4 3

1 ..... '

103

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

TRINIDAD AND TOBAGO

C re d its $ 2 3 ,8 0 0 ,0 0 0 $ 1 ,0 8 6 ,9 7 0 . $ 7 ,0 7 9 ,6 5 3

G uarantees 3,103,1*00 3 ,1 0 3 ,6 0 0 -

Hed1 urn Term 1nsuranee P o ll c le s 1 96 ,500 1 31 ,600 3 6,7 0 0

S h o rt Terra Insu rance - Shipments 2 3 ,6 5 3 ,8 9 5 —

T o ta l 5 0 ,7 5 3 ,7 9 5 6 ,3 2 1 ,7 7 0 7 ,1 1 6 ,1 5 3

TRUCIAL STATES

Guarantees 2 95 ,70 0 82 2 53 ,60 0

Medium Term Insu rance P o lic ie s 1*1* ,900 . 1 7,3 00 - -

S h o rt Term In su ra n c e - Shipments 1 ,8 2 0 ,2 8 0 -

T o ta l 2 , 16 0 ,8 8 0 1 7,3 82 2 53 ,60 0

TUN ISIA

C re d its p 5 ,7 6 6 ,2 8 0 /- 962,211 7 00 ,00 0

Guarantees 3 ,3 5 9 .3 0 0 2 ,2 6 6 ,8 7 9 . - -

Medi urn Term Insu rance P o lle ! es 1 ,8 7 0 ,3 0 0 6 0 8 ,7 0 0 5 28 ,60 0

S h o rt Term Insu rance - Shipments 1 ,1 9 9 ,1 9 0 ” -

T o ta l 1 2 ,1 7 5 .0 7 0 V. 3 ,6 1 7 ,7 9 0 t , 2 2 8 ,6OO

TURKEY

C re d its 1 0 2 ,8 3 6 ,1 6 2 3 1 ,6 6 7 ,0 2 0 ' < 5 .6 5 1 ,7 1 3

Medium Term Insu rance P o lic ie s 7 7 ,0 0 0 -

S h o rt Term Insu rance - Shipments 2 2 8 ,2 8 9 PBS -

T o ta l I '1 0 3 ,1 6 1 ,6 3 1 3 1 , 6 6 7 ,0 2 0 5 ,6 5 1 , 7 1 3

UGANDA

G uarantees 5 69 ,90 0 6 6 1 ,6 6 9 20 ,9 0 0

S h o rt Term Insu rance V Shipments 5 0 1 ,5 6 9 / I ; - r .

T o ta l 1 , 0 7 1,6 6 9 6 6 1 ,6 6 9 20 ,9 0 0

104

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

C7>

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7>

$ 1 5 ,6 3 3 ,5 7 7 $ 5 , 0 0 0 ,0 0 1 ' ; s — • $ 1 0 ,6 3 3 ,5 7 6 $ 1 7 ,7 1 3 .0 2 9

3 0 ,6 0 0 3 0 ,6 0 0 — 3 6 ,7 0 0

2 3 ,6 5 3 ,8 9 5 2 2 ,1 2 6 ,5 3 2 -

1 , 5 2 9 ,3 6 3 1 ,5 2 9 ,3 6 3

3 9 ,3 1 7 ,8 7 2 2 7 ,1 5 6 ,9 3 3 - -

1 2 , 16 2 ,9 3 9 1 9 ,2 7 7 ,0 9 2

6 2 ,0 1 8

6 2 ,0 1 8 2 95 ,61 8

2 7 ,6 0 0 — -

2 7 ,6 0 0 2 7,6 00

1 ,8 2 0 ,2 8 0 1 ,5 7 6 ,7 6 3 2 6 5 ,5 1 7 2 65 ,51 7

1 ,8 8 9 ,8 9 8 1 ,5 7 6 ,7 6 3 3 1 5 ,1 3 5 5 6 8 ,7 3 5

6 ,1 0 6 ,0 6 9 2 ,2 0 5 ,t85 1 , 898,886 2 , 59 8 ,8 8 6

1 ,0 9 2 ,6 2 ! 5 67 ,65 5 -

5 2 6 ,9 6 6 5 2 6 ,9 6 6

9 3 3 ,2 0 0 8 6 7 ,2 5 0 -

6 5 ,9 5 0 5 9 6 ,35 0

1 ,1 9 9 ,1 9 0 1 ,1 8 5 ,8 7 3 1 3 , 3 1 7 Ì , *3 ,3 1 7 ■ .

7 ,3 2 8 ,8 8 0 6 ,8 2 5 ,7 6 3 -

2 ,5 0 3 ,1 1 7 3 ,7 3 1 ,5 1 7

6 5 ,7 1 7 .6 0 9 5 3 ,6 8 5 ,0 6 0 1 2 ,0 3 2 ,3 6 9 1 7 ,6 8 6 ,0 8 2

7 7 ,0 0 0 7 7 ,0 0 0 - -

2 2 8 ,2 8 9 2 16 ,89 6 - 1 3 , 3 » 1 3 »395

6 6 ,0 2 2 ,6 9 8 5 3 ,9 7 6 ,9 3 6 -

1 2 ,0 6 5 ,7 6 6 ■ 1 7 ,6 9 7 .6 7 7

107,331 1 6,6 5 7 . g 9 2 ,6 7 6 1 13 ,576

5 0 1 ,5 6 9 672,131 2 9 ,6 3 8 2 9 ,6 3 8

6 0 8 ,9 0 0 6 8 6 ,7 8 8 U - ' - ' 1 22 ,11 2 1 63 ,012

105

: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

<1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

UNITED ARAB REPUBLIC

$ 5 2 ,4 9 0 ,0 0 0 . $ 4 ,7 0 0 ,6 1 6 i

G uarantees 6 ,8 3 2 ,0 0 0 6 ,0 8 8 ,7 4 8 -

Medium Term Insu rance P o lic ie s 2 ,7 2 3 ,5 0 0 2 ,2 9 8 ,3 0 0 -

S h o rt Term In su ra n c e -S h ip m e n ts 3 20 ,66 7 —

T o ta l 6 2 ,3 6 6 ,1 6 7 1 3 ,0 8 7 ,6 6 4 3 - ¿ f í p

UNITED KINGDOM

C re d its 1 ,7 7 7 ,6 4 9 ,4 2 0 6 3 6 ,4 4 1 ,9 2 1 3 8 1 ,3 3 3 ,2 4 8

G uarantees 7 ,1 8 6 ,5 8 2 5 ,9 3 9 ,3 9 4 1 11 ,705

Medium Term Insu rance P o lic ie s 3 ,4 7 9 ,8 6 0 2 ,3 0 1 .7 7 7 2 0 6 ,8 0 7

S h o rt Term Insu rance - Shipments ; 1 31 *0 0 5 ,1 5 4 - - —

T o ta l 1 .9 1 9 .3 2 1 ,0 1 6 6 4 4 ,6 8 3 .0 9 2 3 8 1 ,6 5 1 ,7 6 0

UPPER VOLTA

S h o rt Term Insu rance - Sh I pments 213,721 —

URUGUAY

’',;";.:/C re d lt^ 1 6 1 ,6 7 9 ,8 1 6 3 5 , 6 5 8 ,7 3 1 4 ,2 0 0 ,0 0 0

G uarantees 1 0 ,3 7 4 ,3 1 9 6 , 0 8 8 ,58 8 6 1 3 ,1 0 0

Medium Term Insu rance P o lic ie s 3 ,5 4 3 ,1 0 3 2 ,6 9 9 ,2 0 0 4 4 8 ,5 0 0

S hort Term In su ra n c e - Shipm ents 3 ,3 4 5 ,6 2 6 - - —

T o ta l 7 8 ,9 4 2 ,8 6 4 4 4 ,4 4 6 ,5 1 9 5 ,2 6 1 ,6 0 0

VENEZUELA

C r e d its : : 3 5 3 ,8 2 0 ,1 3 0 7 0 ,5 7 9 ,1 2 7 9 4 ,2 0 8 ,6 7 8

Guarantees: 7 0 ,7 6 3 .5 1 4 1 7 ,1 5 1 ,8 6 9 9 ,1 4 2 ,4 8 9

Medium Term In su ran ce P o lic ie s 3 9.5 91 ,65 1 1 1 ,6 0 6 ,4 1 0 5 .6 1 1 ,7 7 6

ShOrt Term In su ra n c e -S h ip m e n ts 2 3 6 ,9 5 1 .9 0 8

. .

-

T o ta l 7 0 1 ,1 2 7 ,2 0 3 9 9 ,3 3 7 ,4 0 6 1 0 8 ,9 6 2 ,9 4 3

106

From the Export-Import Bank Archives G

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(8)

SALES OF LOANS

AND LOANS

CHARGED OFF

(7)

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 4 7 ,7 8 9 ,3 8 4 $ 2 4 ,4 3 2 ,2 3 4 $ — $ 2 3 ,3 5 7 ,1 5 0 $ 2 3 ,3 5 7 ,1 5 0

7 4 3 ,2 5 2 5 09 ,38 6 -

2 33 ,86 6 2 33 ,86 6

4 2 5 ,2 0 0 2 42 ,66 7 1 82 ,533 182,533

3 20 ,66 7 3 20 ,66 7 ù A U - ' ' : c

4 9 ,2 7 8 ,5 0 3 2 5 ,5 0 4 ,9 5 4 -

2 3 , 7 7 3 ,5 4 9 2 3 , 7 7 3 ,5 4 9

7 59 ,87 4,2 51 3 03 ,18 4,8 31 4 5 6 ,6 8 9 ,4 2 0 8 3 8 , 0 2 2 ,6 6 8

.1 ,1 3 5 ,4 8 3 5 3 0 ,5 9 8 -

6 04 ,88 5 7 1 6 ,5 9 0

9 71 ,27 6 3 4 6 ,3 0 8 6 2 4 ,9 6 8 8 3 t , 775

1 3 1 ,0 0 5 ,1 5 4 1 2 4 ,6 3 8 ,3 0 3 -

6 ,3 6 6 ,8 5 1 6 , 3 6 6 , 8 5t

8 9 2 ,9 8 6 ,1 6 4 4 2 8 ,7 0 0 ,0 4 0 I Í S S

4 6 4 ,2 8 6 ,1 2 4 8 4 5 ,9 3 7 .8 8 4

213 721 199,900

13,821 1 3 ,8 2 t

2 1 ,8 2 1 ,0 8 4 1 9 ,5 1 8 ,3 7 7 9 ,5 0 7 2 , 2 9 3 ,2 0 1 6 ,4 9 3 ,2 0 1

3 ,6 7 2 ,6 3 2 2 ,9 6 2 ,0 5 4 f f g p j 7 1 0 ,5 7 8 1 ,3 2 3 .6 7 8

3 95 ,40 3 2 16 ,10 9 -

179,293 6 27 ,79 3

3 ,3 4 5 ,6 2 6 3 ,3 4 0 ,0 9 8 -

5 ,5 2 8 5 ,5 2 8

2 9 ,2 3 4 ,7 4 5 2 6 ,0 3 6 ,6 3 8 9 ,5 0 7 3 ,1 8 8 ,6 0 0 8 ,4 5 0 ,2 0 0

1 8 9 ,0 3 2 ,3 2 5 6 0 ,1 3 2 ,2 0 0 6 1 , 9 8 5 ,8 7 8 6 6 ,9 1 4 ,2 4 7 1 6 1 ,1 2 2 ,9 2 5

4 4 ,4 6 9 ,1 5 6 2 7*1 4 3 ,4 8 0 * - « < 1 7 ,3 2 5 ,6 7 6 2 6 ,4 6 8 ,1 6 5

2 2 ,3 7 3 ,4 6 5 1 5 ,5 6 6 ,1 6 8 -

6 ,8 0 7 ,2 9 7 12*4 19 ,07 3

2 3 6 ,9 5 1 ,9 0 8 2 2 5 ,0 8 3 ,7 8 9 -

1 1 ,8 6 8 ,1 1 9 1 1 ,8 6 8 ,1 1 9

4 9 2 ,8 2 6 ,8 5 4 3 2 7 .9 2 5 ,6 3 7 6 1 , 9 8 5 ,8 7 8 1 0 2 , 9 1 5 ,3 3 9 211,87.8,282

107

;tion: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

VIETNAM. REPUBLIC OF

S h o rt Term Insu rance - Shipments $ 3 22 ,50 6 $

VIRGIN ISLANDS

C re d its 2 5 0 ,0 0 0 2 50 ,00 0 -

YEMEN. REPUBLIC OF SOUTHERN

G uarantees 7 ,7 0 0 7 ,7 0 0 -

Medium Term insu rance P o lic ie s 5 1 ,1 0 0 9 ,8 0 0 -

S h o rt Term Insu rance ~ Shipatents 1 ,0 4 8,6 01 f. -

T o ta l 1 ,1 0 7,4 01 17,50®

YUGOSLAVIA

I C re d its 1 2 6 ,6 8 6 ,6 6 5 8 03 ,20 4 -

Guarantees 5 7 ,6 9 2 ,2 5 4 1 7 ,7 2 0 ,6 1 6 2 0 , 7 5 9 ,1 2 1

Medium Term Insu rance P o lic ie s 1 ,4 7 2 ,2 0 0 3 67 ,20 0 15 9 ,2 0 0

S h o rt Term 1nsurance - Shipments 2 6 0 ,01 5 - -

T o ta l 186 ,11 1*1 3 4 1 8 ,8 9 1 ,0 2 0 2 0 . 9 1 8 ,3 2 1

ZAMBIA

C re d its 1 8,004,891 9 8 1 ,6 1 8

Guarantees 2 ,4 9 2 ,9 6 4 3 16 ,8 0 0 1 ,8 4 8 ,2 2 3 '

S h o rt Term Insu rance - Shipments , ' 1 . 8 2 3,9 0 2 -

T o ta l 2 2 ,3 2 1 ,7 5 7 1 ,2 9 8 ,4 1 8 1 ,8 4 8 ,2 2 3

108

From the Export-Import Bank Archives C

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

tn

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 3 2 2 ,5 0 6 $ 3 0 1 ,3 2 9 $ ■ — $ 2 1 ,1 7 7 $ 2 1 ,1 7 7

-

4 1 ,3 0 0 2 0 ,6 5 0

-

2 0 ,6 5 0 2 0 ,6 5 0

1 ,0 4 8 ,6 0 1 1 ,0 2 3 ,8 8 3 - 2 4 ,7 18 2 4 ,7 1 8

1 ,0 8 9 ,9 0 1 1 ,0 4 4 ,5 3 3 -

4 5 ,3 6 8 4 5 ,3 6 8

1 25 ,88 3,4 61 6 4 ,3 1 7 ,7 9 2 6 1 ,5 6 5 .6 6 9 6 1 ,5 6 5 ,6 6 9

1 9 ,2 1 2 ;5 » 7 . ‘ 6 ,1 6 5 ,4 7 2 1 3 ,0 4 7 ,0 4 5 3 3 ,8 0 6 ,1 6 6

9 4 5 ,8 0 0 2 80 ,18 0 6 6 5 ,6 2 0 8 2 4 ,82 0

2 6 0 ,o ts 2 5 2 ,9 5 8 I t ' S

7 ,0 5 7 7 .0 5 7

1 4 6 ,3 0 1 ,7 9 3 7 1 ,0 1 6 ,4 0 2 - 7 5 .2 8 5 ,3 9 1 9 6 , 2 0 3 ,7 1 2

1 7 ,0 2 3 ,2 7 3 j f .5 ,5 6 4 ,9 0 6 1 1 ,4 5 8 ,3 6 7 1 1 ,4 5 8 ,3 6 7

327.941 6 6 ,6 6 4 2 61 ,27 7 2 ,1 0 9 ,5 0 0

1 ,8 2 3 ,9 0 2 1 ,6 6 1 ,1 3 1 -

162,771 162,771

1 9 ,1 7 5 ,1 1 6 7 ,2 9 2 ,7 0 1 | H 1 1 ,8 8 2 ,4 1 5 1 3 ,7 3 0 ,6 3 8

109

;tion: Export-Import Bank of the United States
SUMMARY BY COUNTRY OF CREDITS, GUARANTEES, AND INSURANCE

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

g g | g | «

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

PURCHASE OF OBLIGATIONS GUARANTEED

BY THE U. S , DEPARTMENT OF DEFENSE

C re d its .. $ 7 8 5 ,2 9 7 ,7 1 6 $ 1 2,2 10 ,50 1 ’ $ 4 8 8 ,0 1 7 ,9 0 7

MISCELLANEOUS .

C re d lts 1 2 ,4 3 2 ,0 9 9 8 ,5 0 0 ,0 0 0

VARIOUS EUROPEAN COUNTRIES

C re d its . 1 7 3 ,4 1 2 ,4 0 0 1 3 1 ,5 7 7 ,5 2 0 2 ,0 0 0 ,0 0 0

VARIOUS LATIN AMERICAN COUNTRIES

' C re d its 1 5 3 , 9 3 2 ,2 7 3 .1 0 1 ,9 1 0 ,2 5 8 -

S h o rt Term Insu rance - Shipments 1 2 ,0 2 4 , -

f i l l i p

. T o ta l 1 5 3 ,9 4 4 ,2 9 7 1 0 1 ,9 1 0 .2 5 8 -

110

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 196S

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

0 )

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 2 8 5 ,0 6 9 ,3 0 8 $ 5 6 ,4 5 5 ,0 8 8 $ ”f l i f $ 2 2 8 ,6 1 4 ,2 2 0 $ 7 1 6 ,6 3 2 ,1 2 7

3 ,9 3 2 .0 9 9 3 ,9 0 8 ,5 6 8 23,531 I I I H '

3 9 ,8 3 4 ,8 8 0 ' 2 ,8 4 7 ,6 8 7 3 6 . 9 8 7 ,19 3 3 8 , 9 8 7 ,19 3

5 2 ,0 2 2 ,0 1 5 2 9 ,8 3 3 ,6 7 9 2 2 ,1 8 8 ,3 3 6 1 M 1

1 2 ,0 2 4 1 2,0 2 4 -

5 2 ,0 3 4 ,0 3 9 2 9 ,8 4 5 ,7 0 3 . 2 2 ,1 8 8 ,3 3 6 ' ■ f e c i M i

i n

32Î-244 0-68-8

lection: Export-Import Bank of the United States
TOTALS BY GEOGRAPHICAL AREA

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNOISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

AFRICA

C re d its $ 6 5 9 ,5 1 0 ,6 6 1 $ 1 2 5 ,6 7 1 ,6 5 2 ' $ 8 0 ,7 0 7 ,8 8 8

Guarantees 1 0 1 ,1 8 8 ,3 6 t 6 7 ,6 0 2 ,1 7 8 2 6 ,6 0 1 ,1 6 7

Medium Term In su ra n c e P o lic ie s 2 0 ,5 5 7 ,6 8 6 1 0,5 23 ,27 1 2 ,3 8 6 ,8 6 7

S h o rt Term Insu rance “ Shipm ents 1 6 5 .3 3 8 ,1 9 9 -

T o ta l 9 2 6 ,5 9 6 ,8 8 7 1 83 ,79 6,9 01 1 0 7 ,6 9 3 ,9 0 2

ASIA

C re d its 6 ,2 7 1 ,2 5 6 ,7 3 1 8 6 6, 3 6 9 ,9 2 8 6 2 1 ,0 5 6 ,6 8 0

G uarantees 8 0 9 ,0 2 2 ,8 6 0 1 6 2 ,2 5 0 ,0 5 2 ; 2 0 ,7 2 9 ,9 6 6

Medium Term Insu rance P o lic ie s 7 9,7 76 ,70 1 3 6 ,9 6 2 ,2 6 7 8 ,9 6 9 ,5 6 9

S hort Term In su ran ce - Shipments 2 9 0 ,2 8 7 ,1 9 2 - -

, T o ta l 5 ,6 5 0 ,3 6 1 ,6 8 6 8 2 3 ,5 6 2 ,2 6 7 6 5 0 ,7 5 3 ,9 7 5

CANADA

C re d its 1 ,3 3 7 ,9 1 3 ,0 0 0 5 9 3 ,2 6 3 ,5 6 0 5 3 0 ,1 7 5 ,0 0 0

Guarantees 7 ,2 8 2 ,2 7 7 2 ,7 9 8 ,2 6 0 2 ,3 3 5 ,9 5 2

Medium Term Insu rance P o lic ie s 1 ,6 3 9 ,9 0 0 ' 2 2 7 ,7 0 0

S h o rt Term Insu rance - Shipments 3 3 ,3 7 0 ,6 6 2 - -

T o ta l 1 ,3 8 0 ,2 0 5 ,8 3 9 5 9 6 ,2 8 9 ,5 2 0 5 3 2 , 5 1 0 ,9 5 2

EUROPE

C re d its 6 ,9 6 3 ,6 6 6 ,3 9 6 1 ,6 8 1 ,7 5 0 ,6 9 5 . 8 6 7 ,6 6 1 ,0 2 1

G uarantees 2 7 8 ,2 7 9 ,2 6 6 1 1 2 ,0 0 6 ,2 0 6 3 2 ,9 7 0 ,7 9 8

Medium Term Insu rance P o lic ie s 3 2 ,3 3 8 ,7 5 9 1 2 ,6 8 5 ,1 0 2 ji 2 ,7 3 8 ,0 5 6

S hort Term Insu rance • Shipments 1 ,1 1 6 ,1 5 0 ,3 7 1

' : ;

■ T o ta l 8 ,3 6 8 ,6 1 6 ,7 9 0 1 , 6 0 6, 6 6 1,8 0 3 8 8 3 ,3 6 9 ,8 7 3

112

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

€4»

DISBURSEMENTS

OR

SHIPMENTS

( »

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

m

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 6 5 3 ,1 3 1 ,3 0 1 $ 2 1 6 ,6 7 0 ,6 8 3 $ 1 2 ,7 6 7 .6 5 9 $ 2 2 3 ,6 9 2 ,9 5 9 $ 3 0 6 ,6 0 0 ,8 6 7

2 9 ,1 8 5 ,0 3 6 2 1,2 3 7 *9 7 7 - 7 ,9 6 7 ,0 5 9 3 2 , 3 6 8 ,2 0 6

7 ,6 6 9 .5 6 8 M 1 6 ,1 2 6 - -

3 ,5 3 5 ,6 2 6 5 ,9 2 0 ,2 9 1

1 6 5 ,3 3 8 ,1 9 9 1 36 ,3 8 7 ,9 9 3 -

1 0 ,9 5 0 ,2 0 6 1 0 ,9 5 0 ,2 0 6

6 3 5 ,3 0 6 ,0 8 6 3 7 6 ,6 t0 ,7 7 7 1 2 ,7 6 7 ,6 5 9 2 6 6, 12 5 ,6 6 8 3 5 3 ,6 1 9 ,5 5 0

. 3 ,0 0 3 ,8 5 2 ,3 2 3 1 ,6 8 0 ,6 8 0 ,9 9 3 1 3 0 ,5 9 7 ,6 6 6 1 ,1 9 2 ,5 7 3 ,6 6 6 1 , 8 1 3 , 6 2 8 ,16 6

6 6 6, 0 6 2 ,8 6 2 5 2 8 , 2 8 0 ,3 2 8 1 1 7 ,7 6 2 ,5 3 6 1 3 8 , 6 9 2 ,6 8 0

3 5 ,8 6 2 ,8 8 5 2 2 ,7 2 6 ,9 0 8 - 1 3 ,1 3 7 ,9 7 7 2 2 ,1 0 7 ,5 2 6

2 9 0 ,2 8 7 ,1 9 2 2 6 5 ,2 6 3 ,0 9 0 -

2 5 ,0 6 6 ,1 0 2 2 5 , 0 6 6 ,10 2

3 ,9 7 6 ,0 6 5 ,2 6 2 2 ,6 9 6 ,9 2 9 ,3 1 9 1 3 0 , 5 9 7 ,6 6 6 1 .3 6 8 ,5 1 8 ,2 7 9 1 ,9 9 9 .2 7 2 ,2 5 6

2 1 6 , 6 76 ,6 6 0 2 0 8 ,7 7 6 ,6 6 0 5 ,7 0 0 ,0 0 0 5 3 0 ,1 7 5 ,0 0 0

2 ,1 6 8 ,0 6 5 1 ,3 1 8 ,2 5 7 ; ' - a U 8 2 9 ,8 0 8 3 ,1 6 5 ,7 6 0

1 ,6 1 2 ,2 0 0 2 0 6 ,17 6 ‘ A 1 , 2 0 8,0 2 6 1 , 2 0 8 ,0 2 6

3 3 ,3 7 0 ,6 6 2 3 1 ,9 0 5 ,6 1 6 - -

1 ,6 6 5,0 6 8 1 , 6 6 5,0 6 8

2 5 1 ,6 0 5 ,3 6 7 2 6 2 ,2 0 2 ,6 8 5 5 , 7 0 0 ,0 0 0 3 ,5 0 2 ,8 8 2 5 3 6 ,0 1 3 ,8 3 6

6 ,6 t6 ,2 5 6 ,8 8 0 2 ,9 8 0 ,0 8 3 ,6 9 3 6 9 5 ,0 5 6 ,8 0 6 1 ,1 3 9 ,1 1 6 ,5 8 3 1 ,9 8 6 ,7 5 7 ,6 0 6

1 3 3 .3 0 2 ,2 6 0 7 8 ,1 6 8 ,9 2 5 5 5 ,1 3 3 ,3 3 5 8 8 ,1 0 6 ,1 3 3 •;

1 6 ,9 1 5 ,6 0 3 8 ,7 1 7 ,6 0 2 -

8 ,1 9 8 ,0 0 1 1 0 ,9 3 6 .0 5 5 !

1 ,1 1 6 ,1 5 0 ,3 7 1 1 ,0 5 3 ,1 6 6 ,2 6 7 -

6 0 ,9 8 6 ,1 2 6 6 0 ,9 8 6 ,1 2 6 !

5 ,8 7 8 ,6 2 3 ,1 1 6 6 , 1 2 0 , 13 6 ,2 6 7 6 9 5 , 0 56 ,8 0 6 1 ,2 6 3 ,6 3 6 ,0 6 3 2 ,1 6 6 ,7 8 3 ,9 1 6

1.13

:tion: Export-Import Bank of the United States
TOTALS BY GEOGRAPHICAL AREA

AUTHORIZATIONS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

a MINUS 2 & 4)

,..vGROSS

(2)

LAPSED OR ASSUMED

BV OTHERS

LATIN AMERICA

j C re d its $ 6 ,5 4 8 ,9 1 8 ,0 8 2 $ 1 ,4 4 9 ,9 4 3 ,9 1 9 $ 6 7 0 ,8 9 0 ,1 0 5

Guarantees 6 6 9 ,7 1 6 ,5 8 2 3 1 4 ,5 8 2 ,0 0 0 8 6 ,4 9 9 ,1 7 8

Medium Term In su ran ce P o lic ie s 2 9 7 ,8 6 0 ,3 9 3 1 1 6 ,8 6 3 .0 3 6 4 8 ,7 8 3 ,6 4 4

S h o rt Term In su ran ce - Shipments 1 ,2 4 4 ,1 3 3 .0 7 4 — -

T o ta l 8 ,7 6 0 ,6 2 8 131 1 , 8 8 1, 3 8 8 , » 5 8 0 6 ,1 7 2 ,9 2 7

OCEANIA

•'C r e d it s 7 4 7 .7 5 7 ,0 0 2 7 3 ,5 5 7 ,9 7 8 2 5 5 ,0 4 1 ,8 5 5

G uarantees . 5 2 .3 3 0 ,3 7 3 1 0 ,7 5 5 .6 3 4 1 5 , 6 9 8 ,3 8 8

Medium Term Insu rance P o lic ie s 4 ,8 2 6 ,2 6 5 1 ,3 2 9 .3 2 2 5 0 8 ,4 5 8

S h o rt Term 1 nsurance » Shi patents 1 2 1 ,0 0 5 ,8 9 0 - -

T o ta l 9 2 5 .9 1 9 ,5 3 0 8 5 ,6 4 2 ,9 3 4 2 7 1 ,2 4 8 ,7 0 1

MISCELLANEOUS

C re d its 7 9 8 ,4 2 9 ,8 1 5 2 0,9 60 ,50 1 4 8 8 ,0 1 7 ,9 0 7

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

(7)

OUTSTANDING

BALANCES

(4 MINUS 5 & 6)

(8)

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 4 ,4 2 8 ,0 8 4 ,0 5 8 $ 2 ,5 8 1 ,9 6 1 ,5 7 6 $ 1 3 3 ,9 9 0 ,3 8 9 $ 1 ,7 1 2 ,1 3 2 ,0 9 3 $ 2 ,3 8 3 ,0 2 2 ,1 9 8

2 6 8 ,6 3 5 ,4 0 4 1 38 ,1 1 6 ,3 3 3 1 30 ,51 9,0 71 2 1 7 ,0 1 8 ,2 4 9

1 3 2 ,2 1 3 ,7 1 3 8 0 ,7 3 7 ,7 8 4 5 1 ,4 7 5 ,9 2 9 1 0 0 ,2 5 9 ,5 7 3

1 ,2 4 4 ,1 3 3 ,0 7 4 1 ,1 6 8 ,3 2 8 ,1 4 1 III® 7 5 ,8 0 4 ,9 3 3 7 5 ,8 0 4 ,9 3 3

6 ,0 7 3 ,0 6 6 ,2 4 9 3 ,9 6 9 ,1 4 3 ,8 3 4 1 3 3 ,9 9 0 ,3 8 9 1 ,9 6 9 ,9 3 2 ,0 2 6 2 ,7 7 6 ,1 0 4 ,9 5 3

4 1 9 ,1 5 7 .1 6 9 5 1 ,2 3 6 ,2 9 7 4 1 ,8 2 9 ,9 1 6 3 2 6 ,0 9 0 ,9 5 6 5 8 l , 1 3 2 , 8l t

2 5 ,8 7 6 ,3 5 1 1 3 ,2 0 8 ,3 0 9 1 2 ,6 6 8 ,0 4 2 2 8 ,3 6 6 ,4 3 0

2 ,9 8 8 ,4 8 5 V 5 0 9 ,7 2 0 lyikjis 1 ,4 7 8 ,7 6 5 1 ,9 8 7 ,2 2 3

1 2 1 ,0 0 5 ,8 9 0 1 1 3 ,7 7 4 ,0 2 9 7 ,2 3 1 ,8 6 1 7 , 2 3 1.8 6 1

5 6 9 ,0 2 7 ,8 9 5 1 7 9 .7 2 8 ,3 5 5 4 1 ,8 2 9 ,9 1 6 3 4 7 ,4 6 9 ,6 2 4 6 1 8 ,7 1 8 ,3 2 5

2 8 9 ,4 5 1 ,4 0 7 6 0 ,8 1 3 ,6 5 6 23,531 2 2 8 ,6 1 4 ,2 2 0 7 1 6 ,6 3 2 ,1 2 7

115

:tion: Export-Import Bank of the United States
WORLD SUMMARY

AUTHORIZATIONS

(1)

GROSS

(2)

LAPSED OR ASSUMED

BY OTHERS

(3)

UNDISBURSED OR

UNSHIPPED BALANCES

(1 MINUS 2 & 4)

COUNTRY TOTALS

I C re d its $21,307,631,667 $ M 9U W .833 $ 3 ,6 9 3 ,5 2 8 ,2 5 6

✓ Disbursem ents by commercial banks,

/u n d e r le t t e r s o f c r e d it no t r e ­

imbursed by Eximbank as o f

June 3 0 , 1968

{ - ) 3 6 ,9 6 3 ,3 8 5

T o ta l C re d its '*{'* -, « 1 ,3 0 7 .6 3 1 ,6 6 7 6,391.697,833 3 ,6 5 8 ,5 6 6 ,8 7 1

Guarantees 1 ,9 1 7 ,8 1 9 .7 1 7 6 2 9 ,9 9 6 .3 3 9 1 8 2 ,6 3 5 ,6 0 9

Medium Jerm In su ra n c e P o lic ie s 6 3 6 ,9 9 7 ,7 0 6 1 7 6 ,5 7 0 ,6 9 8 6 3 ,3 8 6 ,5 7 2 . !VS h o rt Term Insu rance -

Shipments

2 , 968, 2 8 5 ,3 8 8 1 in

ADDIT!ONAL A C TIV ITY (n o t

'allocated by c o u n trie s )

S h o rt term guarantee coverage

p ro v id e d by th e Bank from

May I9 6 0 th ru June 1962

3 6 7 ,6 7 2 ,9 1 0 . 1 3 3 , 9 2 2 ,6 3 0 .

f-:' 0 i 5count loans 2 7 6 ,6 6 3 ,6 8 6 ^ • ‘ 2 , 6 7 3 ,0 5 6 1 1 , 6 50,000

Unshipped b a la n c e o f s h o rt

te rm ,In s u ra n c e

Ì J 5 2 , 1 5 6 ,6 5 6 7 6 1, 2 1 5 ,6 5 0 3 9 0, 9 6 1,0 0 6

Short term consignment Insurance (renewals)

9 1 ,5 6 0 ,8 3 3 9 1 , 5 6 0 ,8 33 PÜS

T o ta ls $ 2 8 ,6 7 6 ,5 6 8 ,3 6 1 $ 6 , 1 8 7 , 2 16 ,8 3 0 $ 6 , 0 9 7, 17 5 ,8 5 8

’• C o n tin g en t l i a b i l i t y f o r lo a n s

' > s o ld . wl th recourse - -

SUnused b a la n c e o f a llo c a t io n s

to A g e n ts •

- - - - -

TOTAL COMMITTED AMOUNT

From the Export-Import Bank Archives

CUMULATIVE FROM INCEPTION IN 1934 THROUGH JUNE 30, 1968

(4)

DISBURSEMENTS

OR

SHIPMENTS

(5)

REPAYMENTS

(6)

SALES OF LOANS

AND LOANS

CHARGED OFF

ro OUTSTANDING

BALANCES

(4 MINUS 5 S> 6)

« )

TOTAL OUTSTANDING

OR COMMITTED

(3 PLUS 7)

$ 1 3 ,6 2 2 ,6 0 5 ,5 7 8 $ 7 ,7 8 0 ,2 2 1 ,1 3 8 $8* 9 , 9 6 3 .9 6 3 $ 6 ,8 2 2 ,2 2 0 ,6 7 7 $»¿3 1 5 , 7 6 8 ,7 3 3

(+ ) 3 6 ,9 6 3 ,3 8 5 . •; 1 (+ ) 3 6 ,9 6 3 ,3 8 5

1 3 ,6 5 7 ,3 6 8 ,9 6 3 3 , 78 0, 2 2 1 ,1 3 8 8 1 9 , 9 6 3 ,9 6 3 6 ,8 5 7 ,1 8 3 ,8 6 2 8 ,3 1 5 ,7 6 8 ,7 3 3

1 ,1 0 5 ,t8 9 ,9 7 8 780, 3 3 0 ,1 2 9 3 2 6 ,8 5 9 ,8 6 9 , 5 0 7 , 6 9 5 ,2 5 8

1 9 7 ,0 6 2 ,6 3 6 1 1 8 , 0 5 8 ,3 12 7 9 ,0 3 6 ,1 2 2 1 6 2 ,6 1 8 ,6 9 6

2 ,9 6 8 ,2 8 5 ,3 8 8 2 , 7 6 6, 8 0 3 ,1 1 6 1 8 1, 6 8 2 ,2 7 6 1 8 1 ,6 8 2 ,2 7 6

2 1 3 ,7 5 0 ,2 8 0 2 1 3 , 7 5 0 ,2 8 0 ' ..« -¿ A

2 7 0 , 5 2 0 ,6 3 0 6 9 ,0 6 0 ,7 9 3 2 0 1 .6 5 9 ,8 3 7 2 0 3 ,1 0 9 ,8 3 7

- -

3 9 0 ,9 6 1 ,0 0 6

-

-

$ 1 8 ,1 9 2 ,1 5 7 ,6 7 3 $ 1 1 , 7 2 8, 1 7 3 ,7 6 6 $ 8 1 9 ,9 6 3 ,9 6 3 $ 5 ,6 6 6 ,0 1 9 ,9 6 6 9 ,7 6 1 ,1 9 5 ,8 0 2

— - bl X -

1 6 2 , 3 2 6 ,5 7 6

v - - / '

, 1 6 2 ,5 7 6 ,7 2 6

$ 1 0 ,0 6 6 ,0 9 7 ,0 9 6

117

B . S. GOVERNMENT PRINTING O FF IC E : 1968. Ò - 323-Ï44

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
S t a n d in g : H o b a r t T a y lo r , J r ., a n d T o m

L llle y ; s e a t e d , W a lte r C . S a u e r , H a r o ld

F . L in d e r , E liz a b e t h S . M a y .

BOARD OF DIRECTORS

Harold F. Linder Chairman

Walter C. Sauer 

Elizabeth S. May 

Hobart Taylor, Jr. 

Tom Lilley

Vice Chairman

OFFICERS

Harold F. Linder President

Walter C. Sauer First Vice President

R. H. Rowntree Executive Vice President

Raymond L. Jones Vice President for Exporter Credits, 

Guarantees and Insurance

B. Jenkins Middleton Vice President 

Program Planning and Information

S. Douglas Shackleford General Counsel

Simmons B. Savage, Jr. Treasurer-Controller

John W. Donaldson Assistant to President

Joseph H. Regan Secretary

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
FOREWORD

The Export-Import Bank, an autonomous agency of the U. S. 

Government, is a dual purpose institution. In its short and mediumterm exporter programs, its role is comparable to that of the many 

foreign organizations which provide guarantees and insurance to aid 

and safeguard from undue risk their countries' exporters. This phase 

of Eximbank’s activities may be delineated succinctly: its programs 

attract private credit to a substantial portion of our country's export 

trade, credit which otherwise would not be forthcoming.

In the second area of its activities — in its role as relatively long 

term direct lender — Eximbank’s operations parallel those of the multinational banks; but, whereas these institutions serve the interests of all 

their shareholder governments, Eximbank’s activities serve the export 

interests of the United States.

Eximbank has pointed out, quite appropriately, the contribution 

which its direct lending has made to the economies and development 

of the recipient countries. However, the impact on the United States 

needs emphasis. Each dollar of direct lending, as well as each dollar 

of credit which Eximbank brings into being through its insurance and 

guarantee programs, gives rise to an equivalent dollar of U. S. exports; 

these credits must be spent in the purchase of U. S. goods or services.

During its life, Eximbank’s net authorizations for loans, guarantees, 

and insurance have aggregated $22.3 billion. As the Bank avoids competing with and actively seeks the participation of private capital, its 

own net authorizations are not the full measure of the impact of its 

operations. To this $22.3 billion must be added that financing by 

corporations, commercial banks and exporters which Eximbank s 

activities have amplified and supported. It is this larger figure which 

more truly measures Eximbank’s support to the economy and to the 

improvement of the U. S. balance of payments position.

Under ceilings determined by the Congress, Eximbank has in the 

past been authorized to lend, guarantee, and insure only where it found 

reasonable assurance of repayment. Pursuing this policy, Eximbank 

has earned $2,658 million. It has paid $864 million in interest on borrowed funds; paid its stockholder, the U.S. Treasury, $606 million in 

dividends on the Bank’s $1 billion of capital stock; and accumulated 

a reserve of $1,131 million against losses and defaults, contingencies 

never absent in a bank’s operations.

3

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
C O M M U N IC A T IO N S ... E a r th s t a t io n s

fo r r e c e iv in g a n d tra n sm ittin g c o m ­

m u n ic a t io n s v ia s a t e llit e a re b e in g

b u ilt o n th re e c o n t in e n t s w ith E x lm -

b a n k f in a n c in g .

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
FINANCIAL HIGHLIGHTS

1968 1967

(in millions)

Authorizations:

Loans:

Long Term ................................................................... $1,719.0 $2,369.5

Commodity ................................................................... 75.0 76.0

Exporter ....................................................................... 4.2 31.6

Special Foreign Trade ............. 525.0 175.0

Discount ....................................................................... 203.1 71.5

Export Guarantees .......................................................... 290.1 193.0

Export Insurance:

Foreign Credit Insurance Association.......................... 715.8 690.

Consignment Insurance ................................................ 1-9 ____

Total Authorizations ............................................ $3,534.1 $3,607.3

Sales and Assignments of Individual Loans:

Sales of disbursed loan maturities................................... $ 90.4 $ 152.8

Assignments of undisbursed loan commitments .............. 24.8 108.8

Total ..................................................................... $ 115-2 $ 261.6

Sales of Portfolio Participation Certificates

and Eximbank Notes:

Portfolio Participation Certificates ................................. $ 570.0 $1,328.9

Short Term Discount Notes.............................................. 487.2 —

Total ..................................................................... $1,057.2 $1,328.9

Loan Disbursements .......................................................... $1,645.9 $1,166.4

Loan Repayments ................................................................ 648.2 474.0

Interest and Other Financial Expense................................. 122.1 91.8

Net Earnings ....................................................................... 114.1 108.5

Dividend Payment to U. S. Treasury..................................... 50.0 50.0

Retained Income Reserve for Contingencies and Defaults

as of June 30 (See Note 3 - page 25)............................. 1,130.8 1,066.7

Uncommitted Authority to lend, guarantee, and insure

as of June 30.................................................................. 4,579.8 1,612.0

5

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States cm in
THE YEAR IN REVIEW

The fiscal year which ended on June 30, 1968, was marked by a 

volume of Eximbank business close to the previous year’s record, 

the passage of two important pieces of legislation relating to the 

Bank’s activities and changing its name, liberalization of the Eximbank Discount Program, and inauguration of the sale of short-term 

discount promissory notes as a supplemental source of funds to 

finance the Bank’s operations.

Total gross authorizations of loans, guarantees, and insurance 

during the year were $3,534.1 million, down two percent from the 

fiscal year 1967 record high of $3,607.3 million but some 61 percent 

greater than the previous record of $2,197.0 million set in 1946. 

Repayments and interest on loans made by Eximbank and on export 

loans guaranteed or insured by it are estimated to have contributed 

over $1.7 billion to the credit side of the United States balance of 

payments during the year.

6

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
Public Law 90-267, signed by President Johnson on March 13, 

1968, enabled the Bank to continue its operations with a substantially 

increased commitment authority although subject to limitations on 

certain types of activity. The Act:

• extends the life of the Bank for five years, from June 30,1968, to 

June 30, 1973;

• increases by 50 percent, from $9 billion to $13.5 billion, the 

amount of loans, guarantees, and insurance which the Bank 

may have outstanding (by fiscal year end charges against the 

commitment ceiling had reached $8,920 billion, just $80 million 

below the previous $9 billion ceiling);

• increases by 75 percent, from $2 billion to $3.5 billion, the 

amount of guarantees and insurance which may be charged 

against the $13.5 billion commitment ceiling at the rate of 25 

percent of the Bank’s related contractual obligation;

• limits, on a satisfactory basis, the Bank’s participation in financing exports of defense articles and services to developing 

countries;

• prohibits participation in financing exports to or for use in 

Communist countries unless the President determines it to be 

in the national interest;

• prohibits participation in financing exports to or for use in any 

nation engaged in armed conflict with United States forces, or 

any nation whose government furnishes goods and supplies to 

a nation so engaged;

• expresses the sense of Congress that in making loans the Bank 

should take into account possible adverse effects upon the 

domestic economy;

• changes the name of the Bank from “ Export-Import Bank of 

Washington” to “ Export-Import Bank of the United States.”

In compliance with the amendment relating to exports to countries 

trading with North Vietnam, Eximbank has terminated its support of 

exports to or for use in all Communist countries other than Yugoslavia, 

or to or for use in Cambodia.

A second piece of legislation of great significance to Eximbank, 

Public Law 90-390, was passed by the Congress during the fiscal year 

but was not signed by the President until July 7, 1968, after the fiscal 

year closed. The Act, in order to foster expanded exports by allowing 

Eximbank to take somewhat greater risks than in the past, authorizes 

the Bank to use up to $500 million of its $13.5 billion commitment 

authority to support those export transactions which offer “ sufficient 

likelihood of repayment to justify the Bank’s support in order to

7

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
M IN IN G . . . O v e r $ 2 0 0 m illio n o f

E x lm b a n k c r e d it s w ill f in a n c e U . S .

p u r c h a s e s o f e q u ip m e n t a n d s e r v ic e s

to e x p a n d C h ile ’s c o p p e r p r o d u c t io n

c a p a c it y . H e r e , C o m p a n la M ln e r a E x io t lc a b e g in s s it e p r e p a r a t io n w ith r e ­

m o v a l o f c o p p e r d e p o s it o v e r b u r d e n .

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
activity foster the foreign trade and the long-term commercial interest 

of the United States.” This is a less stringent standard than the “ reasonable assurance of repayment” criterion applicable to the Bank’s 

regular operations under the Export-Import Bank Act of 1945, as 

amended. Loans, guarantees, and insurance under the new export 

expansion facility are to be subject to the policies with respect to 

repayment terms, interest rates, fees, and premiums which govern 

the Bank’s regular programs.

Guarantees and insurance may be charged against the $500 million ceiling at the rate of 25 percent of the related Eximbank liability; 

total outstanding authorizations under the facility could thus in theory 

reach $2 billion. Losses, if aoy, are to be borne first by the Bank to the 

extent of $100 million, then by the Treasury to the extent of an additional $100 million, and thereafter by the Bank if losses should exceed 

$200 million. President Johnson has appointed an Export Expansion 

Advisory Committee, comprised of the Secretary of Commerce as 

Chairman, the Secretaries of State and Treasury, and the President of 

Eximbank, to provide guidance concerning the commercial interests 

and the balance of payments objectives of the United States and to 

review and make recommendations concerning specific applications.

The export expansion facility is designed principally to help U. S. 

exporters penetrate new markets and maintain existing markets in 

the face of changing conditions. The new authority will enable Eximbank to take on new commitments in countries where it is already 

heavily committed, and to support exports to private buyers who are 

not as credit worthy as are those under the Bank’s regular programs.

New Authorizations

The $3,534.1 million of new authorizations during the fiscal year 

consisted of $1,719.0 million of Long Term Loans, $715.8 million of 

Export Credit Insurance underwritten, $525.0 million of Special Foreign Trade Credits, $290.1 million of Export Guarantees, $203.1 million 

of Discount Loans to commercial banks, $75.0 million of Commodity 

Loans, $4.2 million of Exporter Credits, and $1.9 million of Consignment Insurance. These are gross authorization figures; on an adjusted 

basis for the purpose of the $2,672.0 million limitation on ail authorizations and the $2,295.0 million limitation on equipment and services 

loans contained in Title III of the Foreign Assistance and Related 

Agencies Appropriation Act of 1968, total authorizations were $2,588.7 

million and equipment and services loans were $1,661.0 million.

Long Term Loans

Of the $1,719.0 million of Long Term Loans authorized during 

fiscal year 1968, $891.4 million was for purchase in the United States 

of capital equipment and related services by buyers in 37 countries,

9

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
and $827.6 million was for purchase of defense articles and services. 

Items financed under the capital equipment credits include commercial 

jet aircraft in 17 countries, of which the largest purchases were by 

airlines in Japan and the United Kingdom; diesel locomotives for use 

in three countries; electric generating equipment in ten countries, as 

well as other equipment and services for large hydroelectric power 

and irrigation projects in the Ivory Coast and Pakistan; nuclear 

research equipment in Mexico; satellite ground stations in Brazil, 

Chile, and Pakistan; and equipment for hotel construction in Thailand 

and Senegal. A complete list of these credits is set forth at pages 

38-46 of this Report.

Of the $827.6 million in loans to finance sales of defense articles 

and services of U. S. manufacture to friendly foreign governments, 

$633.1 million was in the form of direct loans to developed countries. 

The remaining $194.5 million represents obligations purchased by 

the Bank from the Department of Defense, and guaranteed by the 

latter, arising from sales negotiated by that Department with a number 

of developing countries.

Special Foreign Trade Credits

Special foreign trade credits authorized during the fiscal year 

totaled $525 million, compared to $175 million in 1967. The principal 

item was a $500 million stand-by credit to Canada extended during 

that country’s period of foreign exchange difficulties in March 1968. 

No drawings were made under the credit, which was cancelled at the 

request of the Canadian Government in September 1968.

Commodity and Exporter Credits

Eximbank extended one commodity credit in the amount of $75 

million to finance the export of raw cotton to Japan. Exporter credits 

totaled $4.2 million.

Foreign Credit Insurance Association (FCIA)

During the year FCIA, a group of some 60 of the principal United 

States marine, casualty, and property insurance companies, issued, 

renewed, or approved policies in the aggregate amount of $715.8 

million, a moderate increase over the 1967 figure of $690.2 million. 

Policies covering liability for $562.6 million of short-term comprehensive risks, $56.4 million of short-term political risks, $60.6 million 

of medium-term comprehensive risks, and $4.8 million of mediumterm political risks were issued or renewed. Insurance of $31.4 million 

was approved but had not been issued by the close of the fiscal year. 

Eximbank assumes all of the political risks under these policies and, 

beyond certain dollar amounts, reinsures FCIA’s credit risks.

it

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
Guarantees of Credits

Guarantees by Eximbank of credits extended by commercial 

banks totaled $290.1 million during the year, an increase of 50 percent 

over the 1967 figure of $193.0 million and close to the 1966 figure of 

$300.1 million. The return to a more normal level of guarantees reflects 

in part the greater availability of commercial bank credit during fiscal 

year 1968 than during 1967.

Discount Loans

Under the Discount Loan Program established in September 1966, 

Eximbank makes two kinds of loans to commercial banks against 

their holdings of export debt obligations. Current Discount Loans are 

based upon the commercial bank’s holdings of certain export debt 

obligations related to items exported after March 1,1966; Net Increase 

Loans are based upon a bank’s increase over its prior year’s holdings 

of export debt obligations. In April 1968 the Bank liberalized the terms 

of such loans, resulting in a substantial increase in volume. The basic 

interest rate charged on Net Increase Loans was lowered; the term of 

both types of Discount Loans was lengthened from a maximum of one 

year to the remaining term of the underlying export debt obligations; 

Eximbank agreed to consider purchasing with recourse, rather than 

lending against, relatively large export debt obligations; and preferential treatment was accorded the first $250,000 of guaranteed or 

insured export debt obligations. During the entire fiscal year 1968, 

$203.1 million of discount loans was authorized — $39.9 million before 

and $163.2 million after the liberalizations — a figure close to three 

times the 1967 total of $71.5 million.

Sales of Participation Certificates, Short Term Discount

Promissory Notes, and Other Placements

The Bank continued to diversify its means of obtaining funds to 

finance operations. In April the Bank initiated the sale of short-term 

discount promissory notes through four investment banking houses. 

The notes are general obligations of Eximbank maturing from 30 to 

j 360 days after issue, depending upon the needs of the Bank and

investor demand. They are sold, like commercial paper, to institutional 

investors on a discount basis, and are available in multiples of $5,000 

with a minimum purchase requirement of $100,000. Sales of $487.2 

million less redemptions of $99.7 million resulted in outstanding notes 

of $387.5 million on June 30.

In addition, the Bank again made a public offering of guaranteed 

Certificates of Participation in its loan portfolio. In June 1968 the 

underwriting group which handled the Bank’s two previous offerings 

sold $500 million of such Certificates maturing in September 1971.

These public offerings were supplemented by negotiated sales of

12

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
participations in loans. Sales of interests in pooled loans totaled $70 

million, all to a foreign central bank; sales of interests in individual 

loans amounted to $90.4 million, of which $76.4 million went to investors abroad, principally foreign governments or international financial institutions. Sales abroad thus totalled $146.4 million. Eximbank 

was also able to transfer $24.8 million of its undisbursed loan commitments to suppliers and others.

Contribution to U. S. Balance of Payments

The inflow of principal, interest, and commitment fees on long 

term loans and other credits extended directly to foreign borrowers 

by Eximbank, plus sales abroad of participations in loans, less payments to foreign holders of such participations, contributed $952.2 

million to the favorable side of the U. S. balance of payments account 

during the period. However, this figure does not fully measure Eximbank’s contribution. To it must be added payments received by suppliers or their banks on sales financed under Eximbank’s guarantee 

and insurance programs. The dollar inflow from exports covered by 

short-term insurance is generally realized within 180 days after shipment. In medium-term transactions covered by insurance or a guarantee, the required cash payment by the foreign buyer, normally 

between 10 percent and 30 percent of the invoice value, immediately 

benefits the balance of payments. Thereafter, the payment of principal 

is relatively rapid — usually within five years but averaging about two 

years. During the year these cash installment payments, plus interest 

payments, contributed an estimated additional $750 million to the 

credit side of the United States payments balance. Thus the total contribution is estimated to exceed $1.7 billion.

Earnings

Gross income of the Bank during the past fiscal year was $241.7 

million. Total deductions from income were $127.5 million, comprised 

of interest and other financial expense of $122.1 million, operating and 

administrative expenses of $4.2 million, and loans charged off and 

claims paid, net of salvage, of $1.2 million. A net income of $114.1 

million permitted the declaration of a $50.0 million dividend which was 

paid to the Treasury on July 8, 1968. The balance of $64.1 million was 

added to the retained income reserve, which totaled $1,130.8 million 

at the end of the fiscal year.

Private Capital Participation

During the year Eximbank continued its efforts to encourage 

private capital participation in export financing and, to the maximum 

extent consistent with export and balance of payments needs, in the

13

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
Bank’s own operations. As noted earlier, the Discount Loan Program 

was significantly liberalized in April to stimulate commercial bank 

financing of exports. To the same end, the Bank established a new 

pattern for financing sales of jet aircraft. In recent years the financed 

portion of the contract price of jet aircraft exports supported by the 

Bank has usually been carried 90 percent by Eximbank and 10 percent 

by the aircraft manufacturer. Under the pattern applied during fiscal 

1968 the financing was normally undertaken (with some variations 

between cases) to the extent of 50 percent by a commercial bank, 

45 percent by Eximbank, and 5 percent by the manufacturer. Under 

these arrangements the Bank assisted in financing $768.1 million of 

aircraft sales during the year, of which $614.0 million is to be 

financed — $278.0 million by commercial banks, $294.9 million by 

Eximbank, and $41.1 million by suppliers.

The over-all level of coordination between Eximbank and private 

sources of export financing is indicated by the fact that this amount 

of commercial bank participation in jet aircraft financing, plus discount 

loans, insurance, guarantees, domestic sales of participation in specific loans, and transfers of loan commitments to private sources 

during the year totaled $1,525.2 million.

Certificates of Audit

Financial statements and their related notes appearing herein 

have been audited by the General Accounting Office. The opinion of 

the Comptroller General of the United States appears on page 27. The 

management of the Bank wishes to express its appreciation to the 

Comptroller General and his staff for expediting the audit in order that 

his certification could be incorporated in this Report.

Eximbank’s financial statements reflect its interest in the operations of the Foreign Credit Insurance Association. Its accounts for the 

fiscal year ended on June 30th have been audited by Joseph Froggatt 

& Co., Inc., accountants and auditors, of New York. Their report 

certifies that FCIA’s accounts properly reflect their transactions and 

financial position in accordance with the agreement in force with 

Eximbank.

* * * * *

14

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
ADVISORY COMMITTEE

The Advisory Committee to the Bank met formally on November 

13,1967, and April 29, 1968, to review the Bank’s activities and advise 

on policies. Subjects of particular importance discussed during the 

meetings were the progress of legislation affecting the Bank, changes 

in the Discount Loan program, and means of financing the Bank’s 

operations. Individual Committee members, in particular the Chairman, also continued to make themselves available for informal consultation from time to time during the year. The Board and staff of 

the Bank take this opportunity to record their thanks and appreciation 

for the advice and constructive criticism of all Committee members.

MEMBERS

Howard C. Petersen, Chairman

Chairman and Chief Executive Officer 

Fidelity Bank, Philadelphia, Pa.

Alfred W. Barth

Executive Vice President

The Chase Manhattan Bank, New York

Nat Goldfinger

Director, Department of Research 

AFL-CiO, Washington, D. C.

Joseph A. Grazier

Chairman, American Standard, Inc.

New York

J. Victor Herd

Chairman of the Boards 

The Continental Insurance Companies 

New York

Dr. James A. McCain

President, Kansas State University 

Manhattan, Kansas

Philip W. Pillsbury

Co-chairman of the Board, The Pillsbury Company 

Minneapolis, Minnesota

William E. Roberts

President, Ampex Corporation 

Redwood City, California

Alfred H. Von Klemperer

Senior Vice President

Morgan Guaranty Trust Company of New York, New York

15

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
a p r iv a t e f e r t iliz e r p la n t In In d ia — p e t r o c h e m ic a ls f o r Is r a e l's e c o n o m y —

A lu m in u m s m e lt e r c o n t r o ls In G h a n a —

Exports of modern technology and equipment financed by Eximbank

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
1961-1968: YEARS OF CHANGE

In 1961 it was the Export-Import Bank of Washington; in 1968 it 

is the Export-Import Bank of the United States. Far more than the 

name has changed in the intervening years. The Nation’s increasingly 

insistent need for exports, and consequently for broader export credit 

support, has resulted not only in record annual authorizations by the 

Bank — $3.5 billion in 1968 compared to $1.4 billion in 1961 — but in 

new approaches and new programs.

Some of the highlights of these years of innovation and change 

are described in this brief review.

INSURANCE. On October 27,1961, President Kennedy announced 

the formation of the Foreign Credit Insurance Association (FCIA) by a 

group of fourteen private property insurance companies under the 

sponsorship of Eximbank. The Association has grown to a membership 

of over sixty companies working in close partnership with the Bank.

FCIA makes it possible and convenient for exporters throughout 

the country to obtain insurance on their short- and medium-term credit 

sales abroad. Such insurance, previously not available in the United 

States, provides substantial protection against non-payment to U. S.

17

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
exporters who do their own financing as well as those who wish 

financing for their export credits. The insurance policy can serve as 

collateral for commercial bank loans which do not use the insured’s 

domestic credit lines on foreign sales financing. FCIA takes a substantial part of the commercial risks for its own account; Eximbank 

reinsures the balance and also assumes all of the political risks, such 

as default due to currency inconvertibility, expropriation, war, riot, etc. 

The insurance is provided at reasonable rates. Losses to date on 

over $3 billion of shipments insured have been relatively small.

GUARANTEES. Practically all of the Bank’s medium-term transactions have been insured under the FCIA program or financed directly 

by commercial banks under a plan which was also initiated early in 

1962. The commercial bank, if satisfied with the creditworthiness of 

the exporter’s customer abroad, agrees to purchase his obligations 

without recourse on the exporter, provided Eximbank is willing to guarantee the commercial bank against all political risks for the entire 

period of the credit and against the commercial risks on the later 

maturities. These arrangements relieve Eximbank of the necessity of 

financing the transaction and so of administering the credit itself. At the 

same time, the commercial banks are enabled to maintain the client 

relationships which are so important to them and to the exporters.

DISCOUNT LOANS. Under Eximbank’s Discount Loan Program, 

initiated in 1966 and recently liberalized, commercial banks may borrow from Eximbank a substantial portion of the funds which they have 

tied up in medium-term export credits. The purpose is to make export 

financing more attractive to the banks. Unlike the Federal Reserve 

discount window, which usually lends to commercial banks for only 

15 days, Eximbank lends for the entire term of the related export credit.

COMMERCIAL BANK PARTICIPATION. A variety of other schemes 

have been devised to encourage greater use of private capital for 

export financing, particularly in the case of commercial jet aircraft 

sales. Under one arrangement commercial banks have financed the 

early maturities (representing 50 percent of a seven-year loan) without 

any guarantee by or recourse on Eximbank, while Eximbank either 

has financed the later maturities or has guaranteed the commercial 

banks’ financing of these maturities.

FINANCING EXIMBANK’S OPERATIONS. In a further endeavor 

to minimize the use of U. S. Treasury funds in financing longer term 

export credits, Eximbank in 1962 initiated the sale of guaranteed certificates of participation in pools of its loans. During periods of monetary ease these certificates were sold directly by Eximbank in large 

quantities to commercial banks throughout the country which had 

previously done business with the Bank. When the liquidity position of 

the commercial banks became such that they could no longer provide 

funds at competitive rates of interest, Eximbank turned to the open

18

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
market. The Bank has sold, in all, some $3.5 billion of participation 

certificates with maturities varying from three to fifteen years. In addition, interests in loans have been sold abroad, some to a variety of 

foreign buyers without recourse on Eximbank and others to central 

banks with Eximbank’s guarantee. As described early in this Report, 

in April 1968 the Bank for the first time also had recourse to the shortterm money market in order to obtain funds at lower rates.

All the foregoing activities made it possible to increase total 

outstanding commitments of the Bank in the form of export credits, 

guarantees, and insurance from something under $5 billion in early 

1961 to $10 billion at the close of fiscal 1968, while at the same time 

reducing borrowings from the U. S. Treasury from about $1.6 billion 

to $362 million.

DIRECT CREDITS TO FOREIGN BORROWERS. Longer term 

loans made directly to purchasers of U. S. equipment and services in 

both the public and private sectors abroad continued as the major 

dollar component of Eximbank authorizations. The many power plants, 

mining operations, bridges, and manufacturing activities of all kinds 

abroad which the Bank has financed are detailed in each Report to 

the Congress and are therefore not reviewed here. However, it seems 

appropriate to note that the Bank has been able to shorten the repayment terms of many such loans, through both acceleration provisions 

in loan contracts and harder bargaining. The sooner these repayments 

are received, of course, the sooner they will help the U. S. balance of 

payments position.

On occasion the Bank has been able to increase its commitments 

in countries being phased out of economic assistance under the AID 

program and which have achieved a level of economic viability enabling 

them to service loans on the more conventional terms offered by Eximbank. These have included such countries as Iran, Taiwan, Korea, 

and Israel. The Bank has thus helped to preserve and increase markets for U. S. goods and services developed as a by-product of AID 

operations..

Eximbank has also participated in several international consortia 

where it was in the U. S. interest to join in a collaborative financial 

effort to insure the success of development programs in important 

countries. Eximbank authorizations under such arrangements have 

totalled almost $350 million, for countries such as India, Pakistan, 

Colombia, and Ghana. As in all Eximbank direct credits to foreign 

borrowers, the proceeds have been used entirely to purchase U. S. 

goods and services.

Over the past six years the Bank has authorized credits of some 

$2.4 billion to finance the sale of U. S. defense articles and services 

to friendly foreign governments.

SPECIAL FOREIGN TRADE CREDITS. In addition to the benefits

19

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
accruing to U. S. manufacturers and our balance of payments from 

Eximbank’s current gross rate of loans, guarantees, and Insurance, 

aggregating above or close to $3.6 billion for each of the past two 

fiscal years, one operation of the Bank Is of special significance to 

the interests of the United States and of the international monetary 

community. During the past seven and a half years “ emergency” 

loans or lines of credit in very considerable amounts have been 

authorized at times of exchange crisis in Brazil, Venezuela, Chile, 

Mexico (twice), Canada (twice), the United Kingdom, and Italy. These 

have aggregated almost $2 billion. In a number of cases Eximbank’s 

credit was extended as the United States contribution to syndicates 

of central banks with participation by the International Monetary Fund; 

in others, it was clearly in the interest of the United States to make 

funds available without partnership. In several instances the mere 

offer and discreet publication of the existence of the credit was 

sufficient to stop a run on the recipient country’s foreign exchange; in 

others the credit was partially used and repaid or sold; in only two 

cases are portions of the credits still outstanding, representing about 

$150 million, or less than 10 percent of the total. In the most recent 

example, Canada, as mentioned earlier, did not draw on the $500 

million line authorized and has cancelled the credit.

LEGISLATION. The Congress has evidenced its approval of the 

Bank’s operation by extending its life by five years in both 1963 and 

1968 and by increasing its lending authority from $7 billion to $9 

billion in 1963 and from $9 billion to $13.5 billion in 1968. Most 

recently legislation was enacted providing for an Export Expansion 

Facility. The Bank’s budget requests have been approved each year 

without substantial modification of the Administration’s proposals in 

respect of both the modest administrative budget and the limitation on 

the total amount of loans, guarantees, and insurance which the Bank 

may commit during a given fiscal year.

EARNINGS AND BALANCE OF PAYMENTS CONTRIBUTION.

Over the past eight fiscal years Eximbank has paid dividends to the 

Treasury of some $365 million; during the same period, the Bank’s 

reserves have increased by $517 million and now stand at $1.1 billion. 

The Bank's contribution to the U. S. balance of payments in these years 

totaled over $9.8 billion — $5.5 billion in principal and interest payments received directly by the Bank on its loans plus $4.3 billion in 

payments received by U. S. suppliers and commercial banks on their 

export financing covered by Eximbank insurance or guarantees. The 

higher level of Eximbank authorizations in the past several years 

presages increasing balance of payments benefits in the years ahead.

* * * * *

20

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
m

T R A N S P O R T A T IO N . . . T h e f ir s t 747 

je t a ir lin e r a t th e B o e in g p la n t In

E v e re t t, W a s h in g to n . E x lm b a n k h a s

a u t h o r iz e d f in a n c ia l a s s is t a n c e fo r th e

e x p o rt o f m o re th a n tw o d o z e n o f

t h e Iu m b o le t s to b e d e liv e r e d in th e

n e x t fe w y e a r s .

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
COMPARATIVE STATEMENT OF ASSETS AND LIABILITIES

ASSETS June 30,1968 June 30,1967

Cash:

In banks, in transit, and on hand .. $ 44,420,864 $ 6,809,862

With U. S. Treasury .................... 226,929 $ 44,647,793 27,614,395 $ 34,424,257

Investment In U. S. securities........ _ 81,500,000

Loans receivable:

Outstanding loans and undisbursed authorizations (Note 2) 8,518,858,570 6,983,402,503

Less undisbursed balance 

of authorized loans.................. 3,460,214,871 2,832,020,852

Oustanding loans receivable 

(Notes 3 & 4 ) ........................... 5,058,643,699 4,151,381,651

Accrued interest and commitment 

fees receivable on loans........ 68,610,193 60,423,580

Other assets:

Due from Foreign Credit 

Insurance Association.............. 319,762 160,379

Accrued guarantee fees.............. 304,281 395,412

Accrued interest on investment in 

U. S. securities......................... 152,244

Furniture and equipment 

(net of depreciation) ................ 243,461 261,903

Miscellaneous............................... 2,539 870,043 6,310 976,248

Deferred charges:

Unamortized balance of financial 

expense .................................... 11,522,980 2,897,992

Total Assets.................................... $5,184,294,708 $4,331,603,728

Notes to the Financial Statements (page 25) are an integral part of the June 30, 1968, portion of this statement.

See Note 1 for composition of U.S. Government*s investment in the Bank.

22

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
FISCAL YEARS 1968-1967

June 30,1968 June 30,1967

LIABILITIES, CAPITAL,

AND RESERVES

Liabilities:

Portfolio Participation Certificates

payable (Note 4 )....................... $2,183,067,804

Short term discount notes

payable .................................... 387,465,000

Notes payable to U. S.

Treasury (Note 2) .................... 361,579,261

Dividend payable (Note 1 ).......... 50,000,000

Guaranteed letters of credit

payable .................................... 34,963,385

Accrued interest payable............ 19,905,700

Trust and deposit liabilities........ 11,373,142

Accounts payable ....................... 754,959

Employees’ accrued annual leave 393,502

Total Liabilities .......................

Deferred Income .............................

p

$2,163,615,806

50,000,000

17,350,434

26,485,689

4,390,262

237,662

382,124

$3,049,502,753 $2,262,461,977

4,004,783 2,478,420

Capital and Reserves:

Capital stock held by U. S. Treasury

(Note 1 ).................................... 1,000,000,000 1,000,000,000

Retained income reserve for 

contingencies and defaults

(Note 3 ).................................... 1,130,787,172 1,066,663,331

Total Capital and Reserves....... 2,130,787,172 2,066,663,331

Total Liabilities, Capital,

and Reserves ............................. $5,184,294,708 $4,331,603,728

Contingent Liabilities (Note 2):

Loan maturities sold subject to

contingent repurchase

commitments ........................... $ 162,324,574 $ 151,708,686

Guarantees .................................. 507,495,258 493,659,079

FCIA insurance ........................... 714,710,694 706,363,886

Consignment insurance .............. 131,280 443,904

Total Contingent Liabilities ....... $1,384,661,806 $1,352,175,555

23

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
COMPARATIVE STATEMENT OF INCOME AND EXPENSE

and ANALYSIS OF RETAINED INCOME RESERVE

Fiscal Year Ended

Income:

Interest and commitment fees on loans.....................

Insurance premiums and guarantee fees ....................

Interest on U. S. securities ........................................

Other income ..............................................................

Total Income ...................................................

Expenses and Losses:

Interest and other financial expense .........................

Loans charged off and claims paid — net of recoveries

Administrative expenses .............................................

Other expenses............................................................

Total Expenses and Losses .............................

Net Income ......................................................................

Less: Dividend declared on capital stock (Note 1 ).....

Addition to Retained Income Reserve (Note 1 )..............

Analysis of Retained Income Reserve:

Balance at beginning of fiscal year 

Addition to reserve (Note 1 )............

Balance at End of Fiscal Year......

June 30,1968 June 30,1967

$ 238,567,575 $ 199,576,968

2,735,880 3,135,798

355,843 3,145,675

8,816 19,393

$ 241,668,114 $ 205,877,834

$ 122,061,856 $ 91,795,860

1,246,924 1,467,558

4,163,842 3,970,932

71,651 99,409

$ 127,544,273 $ 97,333,759

$ 114,123,841 $ 108,544,075

50,000,000 50,000,000

$ 64,123,841 $ 58,544,075

$1,066,663,331 $1,008,119,256

64,123,841 58,544,075

$1,130,787,172 $1,066,663,331

Notes to the Financial Statements (page 25) are an integral part of the June 30, 1968, portion of this statement.

24

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
NOTES TO THE FINANCIAL STATEMENTS

June 30, 1968

1. The investment of the U. S. Government in Eximbank is comprised of the following:

J u n e 3 0 . 19 6 8

Notes payable to U. S. Treasury______________________ $ 361,579,261

Capital stock held by U.S. Treasury___________________ 1,000,000,000

Dividend payable------------------------------------------------------------ 50,000,000

Retained income reserve _____________________________ 1,130,787,172

J u n e 3 0 , 1 9 6 7

$ — 

1,000,000,000

50,000,000

1,066,663,331

Total Investment— .-------------------------------------------------- $2,542,366,433 $2,116,663,331

The capital stock of $1 billion is held by the Secretary of the Treasury. A dividend of $50 million on this

stock (five percent) was declared on June 27, 1968, and paid on July 8, 1968. Net income not heretofore

paid or declared as dividends, aggregating $1,130.8 million, is reserved for contingencies and defaults

(see Note 3).

2. The authority to borrow from the U.S. Treasury is limited to $6 billion outstanding at any one time, and the

authority to lend, guarantee, and insure is limited to $13.5 billion. Up to $3.5 billion of outstanding guarantees and insurance may be charged against this lending authority at 25 percent of the contractual liability

assumed. At June 30, 1968, the uncommitted authority to lend, guarantee, and insure totaled $4,579.8 million.

Loans with delinquent installments of 30 days or over at June 30, 1968, are summarized in millions of

dollars as follows: N u m b e r O ld e s t T o t a l

o f P a s t D u e O u t s ta n d in g __ D e lin q u e n t In s t a llm e n t s C o u n t r y L o a n s In s t a llm e n t P r in c ip a l P r in c ip a l In t e r e s t T o t a l

C u b a ............................ .... 5 1958 $ 36.3 $18.0 $16.5 $34.5

United Arab Republic .... 2 1966 23.4 7.6 2.3 9.9

Republic of Indonesia .... 5 1968 57.8 5.7 1.7 7.4

Miscellaneous _____ .... 16 1964 46.5 7.0 1.0 8.0

Totals ______ ... 28 $164.0 $38.3 $21.5 $59.8

In addition, by agreement the Republic of China is not at this time being called upon to make payments on that portion of four loans made to the Republic of China prior to 1947, when the seat of the

Government was on the Mainland, which relates to assets no longer under the Government’s control.

The total outstanding principal of this portion of these loans was $26.4 million at June 30, 1968; on that

date $33.8 million ($18.5 million principal plus $15.3 million interest) was matured and outstanding, the

oldest past due installment having matured in 1949. The Republic of China is continuing to make timely

payments of principal and interest on the balance of the four loans which represents assets still under

its control. This portion of the loans, which is not included in the foregoing figures, had an outstanding

principal balance of $.6 million at June 30, 1968.

In September 1968 Eximbank agreed, as one of a group of major foreign creditors, to reschedule the

Indonesian credits which were overdue at June 30, 1968, as well as the maturities falling due from

that date until December 31, 1968. This rescheduling totals $14,043,366 ($10,889,004 principal and

$3,154,362 interest) and calls for repayment in semiannual installments to be made over a period of

eight years beginning June 30, 1972, and terminating in 1979.

Between June 30 and August 15, 1968, $.4 million of the miscellaneous delinquent installments was

collected on four loans with outstanding balances of $6.3 million. As indicated in Note 1, the entire

retained net income is reserved for contingencies and defaults. The amount of this reserve ($1,130.8

million) substantially exceeds the total outstanding balances of both principal and interest on the

foregoing delinquent loans. Because of the unpredictable nature of future economic and political

conditions throughout the world, the risk of loss on the Bank’s loans, guarantees, and insurance is not

susceptible to accurate measurement. The management of the Bank believes therefore that its accumulated net earning should be retained as a reserve for contingencies and defaults.

4. From May 1,1962, to date, 19 issues of guaranteed Certificates of Participation in portions of the Bank’s loan

portfolio have been sold. On June 30, 1968, this designated portion of loans totaled $2,477.1 million. Certificates of Participation outstanding at June 30, 1968, totaled $2,133.1 million.

25

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
by country

The immediately following white pages present a summary of the Bank’s activities during 

the twelve-month period from July 1, 1967, 

through June 30, 1968. The presentation is 

alphabetical by country (pages 30-36), followed by area and world summaries (page 

37).

For medium-term insurance written by the 

Foreign Credit Insurance Association, the 

figures denote the face value of policies authorized during the period; for short-term 

insurance, under which a single policy insures 

shipments to a number of countries, the 

figures denote Eximbank’s liability for shipments made during the period, regardless of 

when the related policies were issued. The 

difference between the aggregate amount of 

such shipments and the value of policies 

issued during the period is reflected only in 

the World Summary.

Individual direct credits authorized during 

the period are listed on pages 38-46; guarantors, if any, are shown in parentheses 

following the name of the borrower.

FISCAL YEAR ACTIVITY

29

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

C re d its 1/ Guarantees

Medium Term 

Insurance

S hort Term 

Insurance 

(shipm ents) TOTAL

AFGHANISTAN $ $ 124,100 $ - $ 70,244 $ 19 4 ,3 4 4

ALGERIA — — — 8 ,7 7 5 8 ,7 7 5

ANGOLA 7 , 900,000 2 , 0 5 3 ,6 13 — 3 , 6 7 2 ,6 7 8 1 3 , 6 2 6 ,2 9 1

ANTIGUA — 302,200 27,571 — 329,771

ARGENTINA 41,700,000 29,682,400 7 , 7 8 4 ,7 4 3 3 , 18 5 ,7 6 9 8 2 , 3 5 2 ,9 1 2

AUSTRALIA 194,465,629 2 1 , 3 6 9 ,7 2 9 902,086 19,755,246 2 3 6 , 4 9 2 ,6 9 0

AUSTRIA — 71,700 43,000 2,617,735 2 , 7 3 2 ,4 3 5

AZORES — — — 2,528 2,528

BAHAMAS 6,787,000 — 76 ,9 0 0 3,857,276 10,721,176

BAHREIN — — — 6 7 6 ,8 2 7 676,827

BARBADOS — 239,145

BELGIUM — 358,600

BERMUDA — —

BHUTAN — —

BOLIVIA — 634,309

47,400 1,063,646 1,350,191

— 7,346,930 7,705,530

1,739,790 1,739,790

— 3,290 3,290

2,417,766 1,889,502 941,577

BRAZ,L 5 0 , 76 8 ,5 0 5 5 9 , 2 2 5 ,8 6 0

BRITISH HONDURAS

BRITISH PACIFIC 

ISLANDS

BRITISH WEST INDIES 

BURMA

748,100 1 7 , 6 7 7 ,0 6 9 128,419,534

— 3 6 8 ,0 3 7 368,037

— 24,860 24,860

64,729 1,665,576 1,730,305

— 40,518 40,518

BURUNDI

CAMEROUN

CANADA

CANARY ISLANDS

“ “ — 1 ,2 2 8 1,228

— — — 266,419 266,419

530,175,000 3,001,863 181,700 5,604,641 538,963,204

— — 28,100 1,049,270 1,077,370

J / See pages 38 through 46 f o r d e ta il

30

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
a u t h o r iz a t io n s b y c o u n t r y

July 1, 1967 through June 30, 1968

S hort Term

C re d its 1/ Guarantees

Medium Term 

Insurance

1nsuranee 

(shipm ents) TOTAL

CENTRAL AFRICAN $ $ $ - $ 142,888 REPUBLIC $ 142,888

CEYLON — 6 3 3 ,7 0 0 19,600 123,281 7 7 6 ,5 8 1

CHAD — — — 14 ,0 3 5 14 ,0 3 5

CHILE 1 5 , 4 9 2 ,2 9 2 8,901,648 6,784,086 4 , 5 4 2 ,8 8 7 35,720,913

CHINA, REPUBLIC OF

~

6,155,261 202,100 1.116,563 7 , 4 7 3 ,9 2 4

COLOMBIA 5,920,000 12,936,862 4,874,120 3,588,182 27,319,164

CONGO, DEMOCRATIC 

REPUBLIC OF THE

— 1*154,500 325,200 9,509 1,489,209

(KINSHASA)

CONGO, REPUBLIC OF

(BRAZZAVILLE) 3,975 3,975

COSTA RICA — 1,006,612 769,584 4 , 7 0 1,3 9 9 6 , 4 7 7 ,5 9 5

CYPRUS ~~ 19,400 2 1 ,7 0 0 271,575 3 1 2 ,6 7 5

CZECHOSLOVAKIA — — _ _ 1 5 1 ,3 6 0 1 5 1 ,3 6 0

DAHOMEY — — — 38,415 38,415

DENMARK — 1,062,814 590,704 4,503,536 6,157,054

DOMINICAN REPUBLIC 7 , 000,000 863,128 1,095,157 6,548,624 15,506,909

ECUADOR 7 , 500 ,0 0 0 3,870,846 3,604,322 8,578,869 23,554,037

EL SALVADOR — 1,565,494 1 , 3 7 6 ,2 7 7 6,228,756 9,170,527

ETHIOPIA — 24,500 323,666 190,390 538,556

FALKLAND ISLANDS — — — 4,188 4,188

FERNANDO PO S RIO 

MUNI

FINLAND

702,700

— 18,806 18,806

>2r400 2,369,260 3,084,360

F IJ I ISLANDS — 24,900 — 34,157 59,057

J / See pages 38 through 46 fo r d e ta il

31

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

C re d its 1/ Guarantees

Medium Term 

1nsuranee

S h o rt Term 

1nsuranee 

(shipm ents) TOTAL

FRANCE $ $ 5 4 7 ,1 6 3 $ 2 9 3,9 0 4 $ 22,868,849 $ 2 3 , 7 0 9 ,9 16

FRENCH GUIANA — — — 89,410 89,410

FRENCH PACIFIC 

ISLANDS

- - — — 195,063 19 5 ,0 6 3

FRENCH TERRITORY Of 

THE AFARS & ISSAS

— ~ — 13 6 ,6 2 3 13 6 ,6 2 3

FRENCH WEST INDIES — 22,400 47,400 1,771,335 1,841,135

GABON — _

7,071 7,071

GAMBIA, THE — — ~ 1 ,7 4 9 1,749

GERMANY, FEDERAL 

REPUBLIC OF

35,750,000 6 86,300 6 8,8 9 8 3 5 , 2 9 5 ,8 3 8 7 1 , 8 0 1,0 3 6

GHANA 7 , 7 8 1 ,3 4 5 — — 5 7 4 ,3 6 8 8,355,713

GIBRALTER

"

— - - 35,031 35,031

GREECE — 321,300 984,640 3 , 4 5 6 ,18 8 4,762,128

GREENLAND — — — 16 ,6 3 7 16,637

GUATEMALA — 1 , 7 5 6 ,9 7 4 1 , 9 6 7,3 8 5 1 0 , 3 8 2 ,0 5 6 14,106,415

GUINEA — — — 19,724 19,724

GUYANA 2 9 8 ,3 0 0 — 7 9 5 ,5 8 7 1,093,887

HAITI — — __ 114,096 114,096

HONDURAS — 9 19 ,9 8 1 795,912 4 , 9 3 4 ,30 0 6 , 6 5 0 ,19 3

HONG KONG — — 2 2 ,6 0 0 4 , 0 9 3 ,2 4 5 4,115,845

HUNGARY — — — 80,966 80,966

ICELAND — — 1 , 050,0 9 6 1,050,096

INDIA 45,000,000 — 515,900 6 9 2,6 8 9 46,208,589

INDONESIA 7,702,370 — — ( - ) 3,249 7 , 6 9 9 ,1 2 1

IRAN 29,790,000 2 , 3 4 0 ,0 7 7 3 , 9 2 4 ,8 9 2 2,894,549 3 8 , 9 4 9 ,5 18

IRAQ — — 3 ,4 9 7 72,724 76,221

U See pages 38 through 46 f o r d e ta il

32

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
a u t h o r iz a t io n s b y c o u n t r y

July 1, 1967 through June 30, 7968

C re d its 1/ Guarantees

Medium Term 

Insurance

S h o rt Term 

Insurance 

(shipm ents) TOTAL

IRELAND $ 14,398,000 $ $ 8 5 ,6 0 3 $ 1,190,414 $ 1 5 , 6 7 4 ,0 17

ISRAEL 2 3 , 659 ,0 6 0 1,124,300 — 4,100,938 28,884,298

ITALY 105,944,450 12 6 ,2 0 0 6 8 9 ,13 2 30,132,040 136,891,822

IVORY COAST 36,500,000 — — 735,896 37,235,896

JAMAICA 261,328 16 2 ,7 0 0 6,717,412 7,141,440

JAPAN 168,124,581 10,465,800 _

18,556,798 19 7 , 1 4 7 ,1 7 9

JORDAN — 102,200 1 1 8 ,1 0 0 2 1 ,8 0 2 242,102

KENYA — — 398,200 514,031 912,231

KOREA, REPUBLIC OF 17,235,000 4,411,700 461,300 1,282,279 23,390,279

KUWAIT 2 ,0 4 3 ,5 ** 238,900 10,160,957 12,443,401

LAOS — — 46,400 46,400

LEBANON — — 247,100 2,035,127 2,282,227

LESOTHO — — — 25,972 25,972

LESSER ANTILLES — — — 246 246

LIBERIA — — 1,977,079 1,977,079

LIBYA — 107,500 25,500 4 7 2 ,0 7 7 6 0 5 ,0 7 7

LIECHTENSTEIN — — — 19 ,7 7 6 19 ,7 7 6

LUXEMBOURG — — — 2 5 ,7 5 4 25,75*1

MACAO — — — 132 132

MADEIRA ISLANDS

~

— — 13 ,6 5 6 13,656

MALAGASY REPUBLIC — 137,533 ..

5 * * , 753 682,286

MALAYSIA,

FEDERATION OF

• — 1,258,300 — 1.324,233 2,582,533

MALDIVE ISLANDS — — — 140,144 140,144

MALTA — — — 161,576 161,576

J/ See pages 38 through 46 f o r d e ta1 1

33

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

C re d its j y Guarantees

Medium Term 

Insurance

S hort Term 

Insurance 

(shipm ents) TOTAL

MAURITIUS — — . — 60,149 60,149

MEXICO 8 9, 9 5 3,0 0 0 3 1 , 38 6 ,8 6 5 16,675,742 39,774,338 177,789,945

MONACO — — — 115,667 1 1 5 ,6 6 7

MOROCCO — 146,800 33,300 998,490 1 , 17 8 ,5 9 0

MOZAMBIQUE “ “ 10,293 — 614,555 624,848

MUSCAT AND OMAN — —

151,670 1 5 1 ,6 7 0

NEPAL — — — 1,6 0 2 1,6 0 2

NETHERLANDS — 19 ,0 0 0 — 2 5 , 64 9 ,08 7 2 5 , 6 6 8,08 7

NETHERLANDS ANTILLES — — 64,500 4 , 6 3 2 ,2 5 6 4 , 6 9 6 ,75 6

NEW CALEDONIA — 10,100 80,916 91,016

NEW GUINEA, 

TERRITORY OF

— — — 40,956 40,956

NEW ZEALAND 60,652,500 — 176,206 4,376,678 65,205,384

NICARAGUA 4 , 9 3 2 ,10 0 4 , 0 9 6 ,5 12 3 , 9 4 3 ,7 2 2 6,442,790 19,415,124

NIGER — — — 33,090 33,090

NIGERIA ~— 10 9 ,5 9 3 8 7,6 0 0 437,034 634,227

NORWAY — 23 0 ,8 0 0 10 8 ,2 0 0 5,505,588 5,844,588

PAKISTAN 6 5 , 500,0 00 2,146,700 — 894,178 6 8, 5 4 0 ,8 7 8

PANAMA 481,000 109,794 1 , 18 8 ,6 5 7 11,285,068 13,064,519

PARAGUAY — 464,007 676,700 616,986 1,757,693

PERU 5,200,000 3,544,402 5,742,573 10,529,110 25,016,085

PHILIPPINES — 11,071,460 6,630,161 5,939,906 23,641,527

POLAND — 6 3 ,5 0 0 — 17,526 81,026

PORTUGAL 4 , 7 9 7 ,2 0 0 1 , 9 10 ,2 0 0 75,000 1,799,172 8 , 5 8 1 ,5 7 2

PORTUGUESE GUINEA , — . — ü 4,347 4 ,3 4 7

J / See pages 38 through 46 fo r d e ta il

34

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

C re d its 1/ Guarantees

Medium Term 

Insurance

S hort Term 

Insurance 

(shipm ents) TOTAL

QATAR $ $ $ 94,800 $ 2 2 3 ,4 7 1 $ 3 1 8 ,2 7 1

RHODESIA — — 438 438

RUMANIA — — — 10,463 10,463

RYUKYU ISLANDS — — 5 6,9 0 0 9 8 6 ,15 5 1 , 0 4 3 ,0 5 5

ST. PIERRE 

AND MIQUELON

— 17,424 17,424

SAUDI ARABIA 12,000,000 511,900 3 , 44 9 ,6 9 3 2,296,286 1 8 , 2 5 7 ,8 7 9

SENEGAL 900,000 — — 90,719 990,719

SEYCHELLES — — — 9 9

SIERRA LEONE — — — (-> 2 ,9 3 3 ( -) 2 ,9 3 3

SINGAPORE 2,038,200 71,300 6 50 ,8 9 7 2,760,397

SOMLI REPUBLIC — — 8 ,8 00 7,203 16,003

SOUTH AFRICA, 

REPUBLIC OF

— 22,145,198 1,419,426 2 0 , 3 9 2,0 9 8 43,956,722

SPAIN 6,000,000 4,687,616 277,315 1 0 , 8 9 5 ,3 4 1 21,860,272

SUDAN — — — 7,994 7,994

SURINAM 177,501 42,700 1 , 09 6,674 1,316,875

SWEDEN, DENMARK, 

NORWAY

32,400,000 — — — 32,400,000

SWEDEN — 2 , 1 4 7 ,1 8 5 5 7 8 ,7 6 8 8,487,210 11,213,163

SWITZERLAND — 29,600 97,300 8,808,042 8,934,942

SYRIAN ARAB 

REPUBLIC

- — — 4 ,6 2 5 4,625

TAHITI — — 39,300 419,601 458,901

TANZANIA — 42,100 264,366 306,466

THAILAND 4,304,350 2,900,933 764,517 3,143,885 11,113,685

TIMOR — — — 5,139 5,139

_1/ See pages 38 through 46 f o r d e ta il

35

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
TOGO

TRINIDAD AND TOBAGO 

TRUCIAL STATES 

TUNISIA 

TURKEY

UGANDA

UNITED ARAB REPUBLIC 

UNITED KINGDOM 

UPPER VOLTA 

URUGUAY

VENEZUELA

VIETNAM, REPUBLIC OF

YEMEN, REPUBLIC OF 

SOUTHERN

YUGOSLAVIA

ZAMBIA

MISCELLANEOUS

VARIOUS LATIN 

AMERICAN COUNTRIES

TOTAL BY 

COUNTRY

J / See pages 38 through

a u t h o r i z a t i o n s b y c o u n t r y

July 1, 1967 through June 30, 1968

C re d its 1/ Guarantees

Medium Term 

Insurance

S hort Term 

1nsuranee 

(shipm ents) TOTAL

$ 13 3 ,0 2 0

$ $ $ — $ 133,020

6 , 600,000 — 34,700 5 , 1 9 1 ,1 6 7 1 1 , 8 2 5 ,8 6 7

— 295,700 44,900 848,804 1,189,404

— — 528,400 24,770 553,170

57,194 57,194

— 20 ,9 0 0 — 91,614 112,514

— — — 9,690 9 ,6 9 0

405,146,300 141,700 388,885 24,175,881 4 2 9 , 8 5 2 ,7 6 6

—■ — — 69,918 6 9 ,9 18

881,717 448,500 33,676 1,363,893

7 0 , 2 6 5 ,14 9 10,327,128 9,497,483 35,213,909 125,303,669

— — 54,027 54,027

— 54,142 54,142

— 3,437,700 160,500 5 7 ,8 3 2 3,656,032

2,095,164 — 659,641 2,754,805

3 9 7 , 5 7 0 ,7 7 4 — — —

397,570,774

— 9,752 9,752

$2 , 5 2 6 , 2 9 5 ,6 0 5 $290,064,852 $96, 8 3 1 ,3 2 2 $530,034,249 $3,443,226,028

46 fo r deta î 1

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY AREA

July 1, 1SG7 through June 30, 19GS

C re d its 1/ Guarantees

Medium Term 

1nsuranee

S hort Term 

1nsurance 

(shipm ents) TOTAL

AFRICA $ 53,081,345 $ 2 8 , 0 0 5,5 9 3 $ 3 , 2 2 0 ,2 9 3 $ 3 4 , 3 2 1 ,9 4 3 $ 1 1 8 , 6 2 9 ,1 7 4

ASIA 373,315,361 4 7 , 6 2 3 ,8 7 6 16,866,259 6 2 , 7 6 1, 4 7? 500,566,968

CANADA 530,175,000 3 , 0 0 1,8 6 3 18 1,7 0 0 5,604,641 5 3 8 , 9 6 3 ,2 0 4

EUROPE 604,435,950 1 6 , 5 6 3 ,4 7 8 4 , 4 7 5 ,9 4 9 197,131,637 822,607,014

LATIN

AMERICA

312,599,046 1 7 3 , 4 7 5 ,4 1 3 7 0 , 9 5 9 ,4 30 205,287,078 7 6 2 , 3 2 0 ,9 6 7

O C E A N 1 A 255,118,129 2 1 , 3 9 4 ,6 2 9 1 , 12 7 ,6 9 1 24,927,478 3 0 2 , 5 6 7 ,9 2 7

MISCELLANEOUS

397,570,77^ * — — — 397,570,774

SUB TOTAL $2,526,295,605 $290,064,852 $96, 8 3 1 ,3 2 2 $530,034,249 $3 , 4 4 3 , 2 2 6 ,0 2 8

SHORT TERM INSURANCE 

(AUTHORIZED BUT 

UNSHIPPED)

— — — 90,896,324 90,896,324

TOTAL AUTHORIZATIONS $2,526,295,605 $290,064,852 $9 6, 8 3 1 ,3 2 2 $620,930,573 $3,534,122,352

JV See pages 38 through 46 f o r d e ta il

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
a u t h o r i z a t i o n s b y c o u n t r y

July 1, 1967 through June 30* 196S

DETAIL OF CREDITS AUTHORIZED

ANGOLA

Obi Igor

Companhia M ln e lra do L o b !to , S .A .R .L. 

and Socledade Mine Ira do Lombige, 

S .A .R .L.

(R epublic o f P o rtu g a l)

U. S. D iesel locom otives and spare p a rts 

Payable In 18 Sa. b e g .10-31-70 $

Amount

7,900,000

ARGENTINA

Sociedad M ixta S id e ru rg ia A rg e n tin a 

(A rge n tin e In d u s tria l Bank) U. S. equipment and s e rv ic e s fo r r o llin g 

and fin is h in g s te e l

6% Payable In 24 Sa. beg. 11-15-70

$ 33,700,000

S e rv ic io s E lé c tric o s del Gran 

Buenos A ire s , S. A. 

(R epublic o f A rg e n tin a )

B o ile r fo r e le c t r ic power p la n t 

6% Payable in 20 Sa. beg. 12-1-70 4,900,000

Do U. S. equipment and s e rv ic e s f o r therm al 

e le c t r ic g e n e ra tin g s ta tio n 

6% Payable In 16 Sa. beg. 7-31-71

3 , 10 0 ,0 0 0

T o ta l

$ 41,700,000

AUSTRALIA

Commonwealth o f A u s tra lia U. S. c a p ita l equipment 

6 7/8% Payable 1969 th ru I 98I

$ 2 5 , 000,000

Do Four Boeing 747 j e t a ir c r a f t 

6% Payable In 7 Sa. beg. 12-15-75 23,850,000

Do M ilit a r y equipment and s e rv ic e s 

k 3/4% Payable In 14 Sa. beg. 12-31-69 95,000,000

Do M ilit a r y equipment and s e rv ic e s 

5 1/2% Payable In 10 Sa. beg. 12-31-69 6,384,314

Do

O ther

M ilit a r y equipment and se rv ic e s 

5 1/2% Payable in 10 Sa. beg. v a rio u s dates ^3,731,315

500,000

T ota l

$ 194,465,629

BAHAMAS

Government o f the Bahama Isla n d s U. S. equipment and s e rv ic e s fo r therm al 

power gen era tio n

6% Payable In 16 Sa. beg. 3 - 3 1 -6 9

$ 1 , 3 8 7,0 0 0

Do U. S. equipment and s e rv ic e s fo r t e le ­

communications system 

6% Payable In 24 Sa. beg. 7-15-69

5,400,000

38

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

O b iiq o r Amount

C ía. S id e rú rg ic a Nacional 

(R epublic o f B ra z il)

U. S. equipment and s e rv ic e s to Produce 

s te e l

6% Payable in 24 Sa. beg. 3-15-71

$ 3 0 , 000,000

Empresa B r a s ile ir a de Telecommunicacoes 

(N a tio n a l T reasury o f B ra z il)

U. S. equipment and s e rv ic e s fo r 

s a t e llit e communications ground 

s ta tio n

6% Payable in 16 Sa. beg. 6-21-70

2 ,4 3 5 ,5 0 5

Viacao Aerea Sao Paulo, S. A. 

(Banco Nac. do Des. Econ.)

F ive Boeing 737 j e t a ir c r a f t 

6% Payable In 7 Sa. beg. 6-30-73

8,388,000

S. A. Empresa de Viacao Aerea R io 

Grandense

(Banco Nac. do Des. Econ.)

Three Boeing 707-320C j e t a ir c r a f t 

6% Payable in 14 Quar. beg. 5-15-72

9 , 9 45,00 0

T o ta l

$ 5 0 , 76 8 ,5 0 5

CANADA

Government o f Canada S pecial fo re ig n tra d e c r e d it 

6% Payable in 2 An. beg. 1 y r . from 

date o f disbursem ent.

$ 5 00, 000,000

W estern C o -op e ra tive F e r t iliz e r s , L td . 

(The Bank o f M ontreal)

U. S. equipment and s e rvice s fo r expansion 

o f f e r t i l i z e r p la n t 

6% Payable In 20 Sa. beg. 9-15-71

2 0 , 500,000

Canadian P a c ific A ir Lines L td . Seven Boeing 737 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 12-15-72

9 , 6 75 ,0 0 0

T o ta l

$ 530,175,000

CHILE

Empresa N acional de Telecommunicaciones 

S. A.

(C orporación de Fomento de la 

Producción)

U. S. equipment and s e rv ic e s fo r s a t e llit e 

communications ground s ta tio n 

6% Payable in 16 Sa. beg. 3-1-70

$ 5 , 3 6 2 ,5 0 0

C hilean S ta te R ailw ays 

(R epublic o f C h ile )

U. S. tra c k , a irb ra k e , s ig n a llin g , 

and a u x ilia r y equipment and fr e ig h t 

car components

6% Payable in 16 Sa. beg. 1-31-70

9,800,000

O ther

329,792

T o ta l

$ 1 5 , 4 9 2 ,2 9 2

39

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

DETAIL OF CREDITS AUTHORIZED

COLOMBIA

O b iig o r

Amount

Empresa de Acueductos y A lc a n ta r illa d o 

Bogota, d. e. U. S. equipment and s e rv ic e s to improve 

and expand w ater system 

6% Payable in 16 Sa. beg. 12—15—70

$ 3,000,000

Empresa de Energía E lé c tric a de Bogota U. S. equipment and s e rv ic e s to improve 

and expand e le c t r ic power system 

6% Payable in 16 Sa. beg. 12t 15-70

2,000,000

O ther

920,000

T ota l

$ 5,920,000

DOMINICAN REPUBLIC

C orporación Dominicana de E le c tric id a d 

(M in is try o f Finance) U. S. equipment and s e rv ic e s fo r therm al 

power g e n e ra tio n , tra n sm issio n and d is ­

t r ib u tio n

6% Payable In 28 Sa. beg. 9-30-70

$ 7 , 000,000

ECUADOR

Empresa E lé c tric a del Ecuador, In c. U. S. equipment and s e rv ic e s fo r therm al 

e le c t r ic g e n e ra tio n and d is tr ib u tio n 

6% Payable fn 26 Sa. beg. 6 -3 0 -7 2 .

$ 6,000,000

E cuatoriana de D e s a rro llo , S. A ., 

Compañía F in a n cie ra Re le n d in g fo r U. S. equipment purchases 

6% Payable in 10 Sa. beg. 6-15-70

1 , 500,0 00

T ota l

$ 7,500,000

GERMANY. -FEDFRAI RFPIIRI i r nr

Deutsche Lufthansa A G

(Federal R epublic o f Germany)

G e s e lls c h a ft fu r K ernforschung, mbH 

(Federal R epublic o f Germany)

T w en ty-fo ur Boeing 737 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. v a rio u s dates

Heavy w ater fo r n u cle a r re a c to r 

6% Payable In 10 Sa. beg. 1-20-72

$ 27,000,000

8,750,000

T ota l

$ 35,750,000

40

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

GHANA

Obi Ig o r Amount

F ire s to n e Ghana L im ited U. $ . equipment and s e rv ic e s to manufa c tu re tir e s and re la te d rubber products 

6% Payable in 8 Sa. beg. 4-30-70

$ 2,800,000

O ther In te re s t c a p ita liz e d 4,981,345

T o ta l

$ 7,781,3^5

INDIA

A ir - ln d ia C orporation 

(Government o f In d ia )

Two Boeing 747 a ir c r a f t 

6% Payable In 7 Sa. beg. 3-31-75

$ 2 5 , 000,000

Government o f In d ia R elending f o r purchases o f U. S. 

c a p ita l equipment

6% Payable in 24 Sa. beg. 6-15-71

20,000,000

T o ta l $ 45,000,000

INDONESIA

O ther In te re s t c a p ita liz e d $ 7 , 7 0 2 ,3 7 0

Government o f 1 ran U. S. equipment and s e rvice s fo r two 

15 6 tim e le c t r ic power gen era tin g 

u n its and re la te d f a c i l i t i e s 

6% Payable in 30 Sa. beg. 3-31-72

$ 2 9 , 79 0 ,0 00

IRELAND

A e r lin te Elreann Teoranta 

(Government o f Ire la n d )

Two Boeing 747 j e t a ir c r a f t

6% Payable in 14 Sa. beg. va riou s dates

$ 14,398,000

ISRAEL

Government o f Is ra e l U. S. equipment and s e rv ic e s fo r therm al 

e le c t r ic power gen era tio n 

6% Payable in 30 Sa. beg. 1 -1 5 -7 0

$ 7 , 500,000

El A1 Is ra e l A ir lin e s , L td . 

(Government o f Is ra e l)

Two Boeing 707 and one Boeing 747 

j e t a ir c r a f t

6% Payable in 7 Sa. beg. 4-15-73 

and 6- 3 0 -7 5

16,159,060

T o ta l $ 2 3 , 659 ,060

41

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

DETAIL. OF CREDITS AUTHORIZED

ITALY

Obi Ig o r Amount

1s 11tu to Mob111a re (ta ila n o U. S. equipment and s e rvice s

to m anufacture s ilic o n sem iconductors 

6% Payable In 12 Sa. beg. 11-1-69

$ 2 , 500,0 00

Do V arious U. S. exp o rts 

4 7/8% Payable in 4 An. beg. 4-30-70

80,000,000

Do Four Boeing 747 j e t a ir c r a f t 

6% Payable in 14 Sa. beg. 5-15-71

23,355,550

O ther 88,900

T o ta l $ 105,944,450

IVORY COAST

R epublic o f the Iv o ry Coast U. S. equipment and s e rv ic e s fo r the 

Bandama h y d ro e le c tric p ro je c t 

6% Payable in 30 Sa. beg. 6-30-74

$ 36,500,000

JAPAN

Japan A ir Lines Company, L td . 

(The Japan Development Bank)

Two Boeing 727 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 11-15-71

$ 3,422,000

Japan A ir Lines Company, L td . 

(Government o f Japan, and The 

Japan Development Bank)

Ten DC-8 J e t a ir c r a f t (McDonnei1-D ouglas)

6% Payable in 7 Sa. beg. v a rio u s dates

31,465,000

Nissan Motor Company, L td . 

(The In d u s tria l Bank o f 

Japan, L td .)

U. S. machine to o ls to m anufacture 

motor v e h ic le s

6% Payable in 12 Sa. beg. 1-10-70

16,200,000

Japan A ir Lines Company, L td . 

(Government o f Japan)

S ix Boeing 747 j e t a ir c r a f t 

6% Payable in 7 Sa. beg. 7-15-74 

and 7 Sa. beg. 7-15-75

4 2 , 0 3 7 ,5 8 1

The Bank o f Tokyo, L td . Raw c o tto n

6% D ra fts on o r b e fo re 12 mos.

75,000,000

T ota l $ 16 8 , 12 4 ,5 8 1

KOREA. REPUBLIC QF

Daehan S y n th e tic F ib e r Company, L td . 

(The Commercial Bank o f Korea)

U. S. equipment and s e rv ic e s fo r 

p o ly e s te r f ib e r p la n t 

6% Payable In 20 Sa. beg. 9-15-69

$ 4 , 2 7 5 ,0 0 0

Government o f Korea U. S. equipment and s e rv ic e s fo r

s a t e llit e communications ground s ta tio n 

6% Payable in 16 Sa. beg. 3-30-70

4,140,000

Continued

42

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 1967 through June 30, 1968

DETAIL OF CREDITS AUTHORIZED

KOREA. REPUBLIC OF - continued

Obi iq o r Amount

Government o f Korea D iesel locom otives fo r Korea 

N a tio n a l R a ilro a d

6% Payable in 14 Sa. beg. 9-30-69

$ 5,400,000

Korea Nylon Company, L td . 

(The Korea Exchange Bank)

U. S. equipment and s e rvice s to expand 

t e x t ile nylon p la n t 

6% Payable in 8 Sa. beg. 4-1-70

3,420,000

T ota l $ 17,235,000

MEXICO

N acional F in a n c ie ra , S. A. 

(The U n ite d Mexican S ta te s )

U. S. equipment and s e rv ic e s to produce 

s te e l p la n t

6% Payable in 20 Sa. beg. 3-15-71

$ 26,000,000

Do U. S. equipment and s e rv ic e s f o r paper 

m anufacturing

6% Payable in 16 Sa. beg. 9-30-69

6 , 700 ,0 00

Do U; S. equipment and s e rvice s fo r 

n a tio n a l microwave system 

6% Payable in 20 Sa. beg. 6-1 5 —69

4,300,000

Do U. S. equipment and s e rv ic e s to 

m odernize the N a tio n a l Railway 

6% Payable In 17 Sa. beg. 3-31-70

20,670,000

P e tró le os Mexicanos U. S. equipment and s e rv ic e s fo r 

hydro cra ckin g u n it

6% Payable in 24 Sa. beg.7-31-70

13,600,000

H u lle ra M exicana, S. A.

(C ía. Fundidora de F ie rro y Acero 

de M onterrey, S. A .)

U. S. equipment and s e rv ic e s fo r coking 

p la n t

6% Payable in 14 Sa. beg. 3-31-71

10,000,000

Banco N acional de Obras y S e rv ic io s ' 

P u b lic o s , S. A.

U. S. components and s e rv ic e s fo r manufa c tu re o f buses

6% Payable in 13 Sa. beg. 5-30-69

7 , 920,00 0

O ther 7 6 3 ,0 0 0

T o ta l $ 89,953,000

NEW ZEALAND

New Zealand N a tio n a l A irw ays 

C orporation

(Government o f New Zealand)

Three Boeing 737 j e t a ir c r a f t 

6% Payable in 12 Sa. beg. 4-1-73

$ 5,652,500

Government o f New Zealand M ilit a r y equipment and se rv ic e s 

5 1/2% Payable in 14 Sa. beg. v a rio u s dates

1 7 , 000,000

Continued

43

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 19G7 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

NEW ZEALAND - continued

O b ii gor Amount

Government o f New Zealand M ilit a r y equipment and s e rv ic e s 

5 1/2% Payable in 14 Sa. beg. v a rio u s dates

$ 38,000,000

T o ta l $ 60,652,500

NICARAGUA

Banco N acional de Nicaragua 

(R epublic o f Nicaragua)

U. S. g ra in sto ra g e f a c i l i t i e s 

6% Payable in 16 Sa. beg. 9-30-70

$ 4,512,100

O ther 420,000.

T otal $ 4 . 9 3 2 ,1 0 0

PAKISTAN

Government o f P akistan U. S. eqipment and s e rv ic e s fo r two 

e a rth s a t e llit e s ta tio n s 

6% Payable in 15 Sa. beg. 6-1-71

$ 9,000,000

Do U. S. equipment and s e rv ic e s needed

In dam c o n s tru c tio n and re la te d f a c i l i t i e s 

6% Payable in 20 Sa. beg. 6-30-72

5 0 , 000,000

Do U. S. equipment and s e rv ic e s fo r a m ic ro - 

wave system in East P akistan 

6% Payable in 16 Sa. beg. 12-1-70

1 , 500,0 00

P akistan In d u s tria l C re d it and 

Investm ent C o rp., L td . 

(Government o f P akistan)

Relending fo r U. S. c a p ita l purchases 

6% Payable in 12 Sa. beg. w ith in 2 years 

a fte r date o f note

5,000,000

T ota l $ 6 5 , 500,000

PANAMA

o th e r $ 481,000

PERU

Compañía de A v ia c ió n "F a u c e tt" S. A. One Boeing 727-100 j e t a ir c r a f t $ 5,200,000

(R epublic o f Peru) 6% Payable in 14 Sa. beg. 10-31-68

PORTUGAL

T ransportes Aereos Portugueses, S .A .R .L. One Boeing 707 and one Boeing 727 j e t a ir c r a f t $ 4,797,200

(R epublic o f P o rtu g a l) 6% Payable In 14 Quar. beg. 10-31-72

44

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, through June 30, 1968

DETAIL OF CREDITS AUTHORIZED

SAUDI ARABIA

O b iig o r Amount

Saudi A rabian F e r t iliz e r Co. 

(Saudi A ra b ia n Monetary Agency)

U. S. equipment and s e rvice s fo r 

f e r t i 1iz e r p la n t

6% Payable in 10 Sa. beg. 6-30-70

$ 12,000,000

SENEGAL

O ther $ 900,000

SPAIN

C entral Term ica de la Robla, S. A. 

(Government o f Spain)

U. S. equipment and s e rvice s fo r 

e le c t r ic power gen era tio n 

6% Payable in 18 Sa. beg. 5-1-71

$ 6,000,000

SWEDEN. DENMARK, NORWAY

S candinavian A ir lin e s System Two Boeing fW ] j e t a ir c r a f t

6% Payable in 14 Sa. beg. va rio u s dates

$ 19,395,000

Do Nine DC-9 j e t a ir c r a f t (McDonnel1-Douglas)

6% Payable in 14 Sa. beg. va riou s dates

1 3 , 005,000

T o ta l $ 32,400,000

THAILAND

Rama Tower Company, L td .

(Laem-Thong Bank L im ite d e t a l)

U. S. equipment and s e rv ic e s fo r h o te l 

6% Payable in 20 Sa. beg. 6-30-70

$ 2,100,000

Tawana H otel Company, L td . 

(The in d u s tria l Finance 

C o rpo ra tio n o f T h a ila n d )

U. S. equipment and s e rv ic e s fo r h o tel 

6% Payable in 20 Sa. beg. 6-30-70

1 , 050,000

Bangkok Bank, L td . R elending fo r purchases o f U. S. a g r ic u ltu ra l and m anufacturing equipment 

(S ubject to a llo c a tio n )

6% Payable in 10 Sa. beg. 7-11-69

1,000,000

O ther

15^,350

T o ta l

$ •*, 304,350

TRINIDAD AND TOBAGO

T rin id a d and Tobago E le c t r ic it y 

Commission

(Government o f T rin id a d and Tobago)

U. S. equipment and se rv ic e s f o r therm al 

e le c t r ic power gen era tio n 

6% Payable in 30 Sa. beg. 1-15-70

$ 6 , 600,000

45

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
AUTHORIZATIONS BY COUNTRY

July 1, 19G7 through June 30, 196S

DETAIL OF CREDITS AUTHORIZED

UNITED KINGDOM

Obi Ig o r

Amount

Government o f The U nited Kingdom M ilit a r y equipment and s e rv ic e s 

^ 3/4% Payable in 14 Sa. beg. 12-31-68

$ 325,000,000

B rita n n ia A irw ays L im ited

(The Thomson O rga n isa tio n L im ite d )

One Boeing 737 j e t a ir c r a f t 

6% Payable in 14 Sa. beg. 11-15-69

3,135,200

B r it is h Overseas A irw ays C orporation 

(Her M a je s ty 's T reasury)

P a rtia l fin a n c in g o f s ix Boeing 747 

j e t a ir c r a f t

6% Payable in 7 Sa. beg. 9-1-74

49,011,100

Government o f the U n ite d Kingdom M ilit a r y equipment and s e rv ic e s 

6% Payable in 14 Sa. beg. 12-31-69

2 8 , 000,000

Tota 1

$ 405,146,300

VENEZUELA

M anufacturas de Papel, C. A. U. S. equipment and s e rv ic e s f o r 

paper m anufacturing

6% Payable in 12 Sa. beg. 1-15 -6 9

$ 1 , 300,000

Banco A g ríc o la y Pecuario 

(Government o f Venezuela)

U. S. m achinery fo r a g r ic u ltu r a l purposes 

6% Payable in 10 Sa. beg. 2 y rs . 

from date o f note

5,000,000

A lu m in io del C aroni, S. A. U. S. equipment and s e rv ic e s f o r re d u c tio n 

and fa b ric a tio n o f aluminum 

6% Payable in 24 Sa. beg. 1-15-70

8,000,000

Compañía Anónima de A d m in is tra c ió n y 

Fomento E lé c tr ic o

(C orporación Venezolana de Fomento)

U. S. equipment and s e rv ic e s f o r therm al 

e le c t r ic power gen era tio n 

6% Four notes payable In 5 An. beg. 

v a rio u s dates

4 , 16 5 ,14 9

O rinoco M ining Company 

(U. S. S te e l C o rp o ra tio n )

U. S. equipment and s e rv ic e s f o r high iro n 

b riq u e tte p la n t and re la te d f a c i l i t i e s 

6% Payable in 24 Sa. beg. 3-15-71

5 0 , 000,000

A erovías Venezolanas, S. A.

(F ive commercial firm s com prising 

the "Casa B o u lto n " group o f Venezuela)

One DC-9-30 j e t a ir c r a f t (McDonnel1-D ouglas) 

6% Payable in 7 Sa. beg. 4-30-73

1 , 800,000

T otal

$ 7 0 , 2 6 5 ,14 9

MISCELLANEOUS

Purchase o f o b lig a tio n s guaranteed 

by U. S. Department o f Defense

U. S. m ilit a r y equipment and s e rv ic e s 

5 1/2% to 6% - Average term in 12 Sa.

$ 194,460,937

D iscount Loans to V arious U.S. Banks: 

C urrent e x p o rt loans 5 3/8% to 6 1/5% Payable in from 1 An.

to 6 Sa. in s ta llm e n ts

144,380,576

Net increase loans 

T o ta l

TOTAL CREDITS

5 1/4% to 6% Payable in from 1 An.

to 10 Sa. In s ta llm e n ts

58,729,261

$397,570,774

$2 , 5 2 6 , 2 9 5 ,6 0 5

46

* U. S. GOVERNMENT PRINTING OFFICE : 1969 O - 338-004

From the Export-Import Bank Archives Collection: Export-Import Bank of the United States
From the Export-Import Bank Archives Collection: Export-Import Bank of the United States