(Ex-Im Bank, Washington, 24 October 2012) In addition to JBIC and NEXI co-financing agreements, Ex-Im Bank currently has signed bilateral one-stop-shop agreements with ASHR’A (Israel), Atradius (The Netherlands), Coface (France), ECGD (U.K.), EDC (Canada), EFIC (Australia), EKF (Denmark), Euler Hermes (Germany), and SACE (Italy), and is in discussions with other ECAs to sign additional bilateral agreements. Ex-Im Bank will consider co-financing transactions without a formal bilateral agreement on a case-by-case basis. In fact, Ex-Im Bank has concluded a number of one off co-financing arrangements with GIEK (Norway), H-EXIM (Hungary) and ONDD (Belgium). Trade credit insurance from other ECAs and reinsurance from Ex-Im Bank is intended to enable American companies to increase the amount of credit they offer their overseas customers, who therefore can increase their purchases of American goods and services.
