[United States Government Manual] [June 01, 1999] [Pages 518-520] [From the U.S. Government Publishing Office, www.gpo.gov][[Page 518]] ------------------------------------------------------------------------ EXPORT-IMPORT BANK OF THE UNITED STATES 811 Vermont Avenue NW., Washington, DC 20571 Phone, 800-565-EXIM. Internet, http://www.exim.gov/. President and Chairman James A. Harmon First Vice President and Vice Chair and Chief Jackie M. Clegg Operating Officer Directors Maria Luisa Haley, (2 vacancies) Chief of Staff Andrea B. Adelman Vice President and Counselor to the Chairman Clyde Robinson Counselor to the Board Gloria B. Cabe Chief Financial Officer and Chief Information James K. Hess Officer General Counsel Elaine Stangland, Acting Coordinator Counsel, NIS and Central Europe Stephen G. Glazer Group Manager, Structured Export Finance Jeffrey L. Miller Group Manager, New and Small Business William W. Redway Vice President, Aircraft Finance Robert Morin Vice President, Americas Kenneth M. Tinsley Vice President, Asia and Africa Deborah Thompson Vice President, Asset Management Clement K. Miller, Acting Vice President, Communications David W. Carter Vice President, Congressional and External Sandra S. Jackson Affairs Vice President, Country Risk Analysis Peter Gosnell Manager, Credit Administration Wayne L. Gardelia Vice President, Engineering and Environment James A. Mahoney, Jr. Vice President, NIS/Central Europe LeRoy M. LaRoche Vice President, Information Management Candelario Trujillo, Jr. Vice President, Insurance Piper Starr Vice President, Policy, Planning, and Program James C. Cruse Development Vice President, Project Finance Barbara O'Boyle Vice President, United States Division Sam Z. Zytcer Director, Regional Offices Robert L. Charamella Group Vice President, Resource Management Delores de la Torre Bartning Director, Administrative Services George Sabo Director, Equal Opportunity and Cynthia B. Wilson Diversity Programs and Training Director, Human Resources Dennis H. Heins ------------------------------------------------------------------------ The Export-Import Bank of the United States helps the private sector to create and maintain U.S. jobs by financing exports of the Nation's goods and services. To accomplish this mission, the Bank offers a variety of loan, guarantee, and insurance programs to support transactions that would not be awarded to U.S. companies without the Bank's assistance. The Export-Import Bank of the United States (Ex-Im Bank), established in 1934, operates as an independent agency of the U.S. Government under the authority of the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635 et seq.). Its Board of Directors consists of a President and Chairman, a First Vice President and [[Page 519]] Vice Chairman, and three other Directors, all of whom are appointed by the President with the advice and consent of the Senate. Ex-Im Bank's mission is to help American exporters meet government- supported financing competition from other countries, so that U.S. exports can compete for overseas business on the basis of price, performance, and service. The Bank also fills gaps in the availability of commercial financing for creditworthy export transactions. Ex-Im Bank is required to find a reasonable assurance of repayment for each transaction it supports. Its legislation requires it to meet the financing terms of competitor export credit agencies, but not to compete with commercial lenders. An export must have a minimum of 50 percent U.S. content in order to be eligible for Ex-Im Bank support. There is no maximum or minimum dollar limit for Ex-Im Bank financing. Legislation restricts the Bank's operation in some countries and its support for military goods and services. Activities Ex-Im Bank is authorized to have outstanding at any one time loans, guarantees, and insurance in aggregate amount not in excess of $75 billion. During fiscal year 1998, it authorized nearly $13 billion in financing, including a wide range of capital goods exports to developing countries. Ex-Im Bank supports U.S. exporters through a range of diverse programs, which are offered under four broad categories of export financing: --working capital guarantees, provided to lenders, so that they can provide creditworthy small- and medium-sized exporters with working capital they need to buy, build, or assemble products for export sale. --export credit insurance which protects exporters and lenders against both the commercial and political risks of a foreign buyer defaulting on payment. Ex-Im Bank offers a variety of policies: short- and medium-term, single- and multi-buyer, and small business and umbrella policies. --loan guarantees which encourage sales to creditworthy foreign buyers by providing private sector lenders in medium- and long-term transactions with Ex-Im Bank guarantees against the political and commercial risks of nonpayment. Political-risk-only guarantees are also available. --direct loans made to provide foreign buyers with competitive, fixed-rate medium- or long-term financing from Ex-Im Bank for their purchases from U.S. exporters. Direct loans carry the minimum interest rate allowed by the Organization for Economic Cooperation and Development. Ex-Im Bank has initiated several new programs to broaden the range of customers and types of exporters it supports. The Environmental Exports Program provides enhanced financing terms for environmentally beneficial goods and services. Ex-Im Bank has also expanded its capabilities in the area of limited recourse project finance, and has adopted a policy of matching foreign tied-aid credits to ensure that U.S. exporters do not lose sales in critical emerging markets. In order to make its programs more readily available, Ex-Im Bank works closely with many State and local governments in its City/State Partners Program. Regional Offices The Export-Import Bank operates six regional offices, listed in the table below. Regional and Satellite Offices--Export-Import Bank -------------------------------------------------------------------------------------------------------------------------------------------------------- Region Address Telephone Fax -------------------------------------------------------------------------------------------------------------------------------------------------------- Regional Offices New York....................................... Suite 635, 6 World Trade Ctr., New York, NY 10048...................... 212-466-2950 212-466-2959 Miami.......................................... Suite 617, 5600 NW. 36th St., Miami, FL 33166.......................... 305-526-7425 305-526-7435 Chicago........................................ Suite 2440, 55 W. Monroe St., Chicago, IL 60603........................ 312-353-8081 312-353-8098 Houston........................................ Suite 585, 1880 S. Dairy Ashford II, Houston, TX 77077................. 281-721-0465 281-679-0156 Los Angeles.................................... Suite 1670, 1 World Trade Ctr., Long Beach, CA 90831................... 562-980-4580 562-980-4590 [[Page 520]] Mid Atlantic-DC................................ Room 911, 811 Vermont Ave. NW, Washington, DC 20571.................... 202-565-3940 202-565-3932 Satellite Offices San Jose, CA................................... Suite 1001, 101 Park Center Plz., San Jose, CA 95113................... 408-271-7300 408-271-7307 Orange County, CA.............................. Suite 305, 3300 Irvine Ave., Newport Beach, CA 92660................... 949-660-1688 949-660-8039 -------------------------------------------------------------------------------------------------------------------------------------------------------- For further information, contact the Export-Import Bank, Business Development Office, 811 Vermont Avenue NW., Washington, DC 20571. Phone, 202-565-3900; or 800-565-EXIM (3946) (toll-free). Internet, http:// www.exim.gov/. ------------------------------------------------------------------------