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May Global Update

BAFT Applauds Senate Ex-Im Confirmations

by Tod Burwell, BAFT president and CEO | May 08, 2019

“We applaud members of the Senate for today’s bipartisan votes to confirm Kimberly Reed to serve as president of the Export Import Bank, and Spencer Bachus III and Judith DelZoppo Pryor to the board of directors – giving Ex-Im a quorum and allowing the agency to return to its full functionality.

“As the official export credit agency of the United States, Ex-Im Bank plays a crucial role in boosting U.S. exports in support of our economy, and has provided more than 1.7 million jobs in the U.S. over the last decade. We look forward to a fully operational Ex-Im Bank and its facilitation of the export of America’s goods and services.” 


Representing International Transaction Banking

BAFT is the leading global trade association representing the international transaction banking community. Bringing together bankers, service providers, regulators and industry stakeholders, BAFT offers a vehicle for a global community of professionals involved in trade finance, payments, liquidity, compliance and related interests.

Membership in BAFT is on an institutional and global basis, providing an opportunity for every individual within your organization to get engaged. As a member of BAFT, you have access to:

  • Regional and Product Leadership Councils exchanging thought leadership on strategic industry topics
  • Committees and Working Groups of like-minded practitioners working together to achieve common practices and resolution to common challenges
  • Updates on important subject matters affecting transaction banking
  • Policy papers and advocacy initiatives
  • Discounts at conferences, webinars, training & education programs
  • Membership directory of other BAFT members

Learn more how a BAFT membership can benefit you and your institution!

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