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General discussion

Export-Import Bank and business?

by elrulz Jul 2, 2014 6:36PM PDT

Lately I've been hearing about export import bank what is your take on the bank and small business growth its been around since 1934 but is a government independent business. Do you feel like it should be renewed? because i feel if the government doesn't renew that businesses will privately fund this no matter what the cost leaving it open for business and competition giving more variety to small businesses and large corporate chains but I'm no politician I'm trying to understand it more. Please help me understand it more.

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Re: export import bank
by Kees_B Forum moderator Jul 2, 2014 7:03PM PDT
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Export-Import Bank and business
by reyanmiller Aug 11, 2014 8:11PM PDT

Actually Export-Import Bank of India providing financial assistance to exporters and importers, and for functioning as the principal financial institution for coordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the country's international trade.Export-Import Bank of India is the premier export finance institution of the country. It commenced operations in 1982 under the Export-Import Bank of India Act 1981. Government of India launched the institution with a mandate to not just enhance exports from India, but also to integrate the country's foreign trade and investment with the overall economic growth.

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