C The Export-Import Bank

LOAN, GUARANTEE, AND INSURANCE
OPERATIONS

Summary

During the period under review, the Export-Import Bank authorized credits totaling $1,149 million (see table 20). Assistance authorized at the request of U.S. exporters continued to be carried out mainly under the Bank's guarantee and insurance programs which have largely replaced the former direct exporter credits. The Bank also issued 685 medium-term comprehensive and political risk guarantees for $300.1 million, and 5 new and renewed war-risk and expropriation insurance policies on consigned exports of cotton and tobacco amounting to $0.1 million. The Foreign Credit Insurance Association (FCIA) authorized 2,411 new and renewed export credit insurance policies with a face value of $692.8 million. TABLE 20.-Export-Import Bank credits, by area, country, terms, and purpose, July 1, 1965, to June 30, 1966

[Dollars in millions]

Document XII-13

Report of the National Advisory Council on International Monetary and Financial Policies, Submitted March 31, 1967 (Excerpt)1

Operations of the
Export-Import Bank of
Washington During the
Period July 1, 1965-
June 30, 1966

1 H. Doc. 92, 90th Cong., Apr. 3, 1967, pp. 44-49.

TABLE 20.-Export-Import Bank credits, by area, country, terms, and purpose, July 1, 1965, to June 30, 1966-Continued