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BAFT News and Press Releases

 

BAFT and FSR Support Ex-Im Bank Reauthorization

by Patrick Devilbiss | May 01, 2015
BAFT and the Financial Services Roundtable (FSR) issued a joint letter to ranking members in the Senate and House. Read the complete joint letter.

BAFT and FSR Support Ex-Im Bank Reauthorization

BAFT and the Financial Services Roundtable (FSR) issued a joint letter to Senators  McConnel and Reid as well as Representative Pelosi and Speaker Boehner expressing a strong support for reauthorizing the Export-Import Bank of the United States.
 
Key Points in Support of Ex-Im Bank Reauthorization Include:

  • Ex-Im Bank contributed to the recovery of trade finance markets during the economic crisis. It continues to increase the availability and affordability of trade finance.
  • Ex-Im Bank plays a vital role in international trade by filling the gaps in trade financing that cannot be provided in the private sector. Ex-Im Bank complements rather than competes with private sector lenders.
  • Ex-Im Bank leads to job creation and helps sustain global competitiveness in trade.
Read the complete joint letter. For additional information, please email info@baft.org.