 the export-import bank of the united states (ex-im bank) is the official export credit agency of the united states federal government. it was established in 1934 by an executive order, and made an independent agency in the executive branch by congress in 1945, for the purposes of financing and insuring foreign purchases of united states goods for customers unable or unwilling to accept credit risk. the mission of the bank is to create and sustain u.s. jobs by financing sales of u.s. exports to international buyers. the bank is chartered as a government corporation by the congress of the united states; it was last chartered for a three-year term in 2012 and extended in september 2014 through june 30th, 2015., which became public law no: 113-164 on 19sep2014. , which became public law 112-122 on may 30, 2012. its charter spells out the bank's authorities and limitations. among them is the principle that ex-im bank does not compete with private sector lenders, but rather provides financing for transactions that would otherwise not take place because commercial lenders are either unable or unwilling to accept the political or commercial risks inherent in the deal. its current chairman and president is fred p. hochberg. == export-import bank == thumb|right|us exports in 2006 the export-import bank of the united states (ex-im bank) is a government agency which provides a variety of loan, guarantee, and insurance products intended to aid the export of american goods and services. the mission of the bank is to create and sustain u.s. jobs by financing sales of u.s. exports to international buyers. the bank is chartered as a government corporation by the congress of the united states; it was last chartered for a three-year term in 2012.{{cite web|last=export-import bank|first=united states|title=export-import bank reathorization of 2
Banks_based_in_Washington,_D.C. Banks_established_in_1934 Export_credit_agencies Government-owned_companies_of_the_United_States Government_agencies_established_in_1934 Independent_agencies_of_the_United_States_government