News | Board Minutes | 2004

                                           EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

NOVEMBER 2, 2004

Item No 1

Country:  Mexico - Policy No. FB-A-272559

Request for:  Policy Commitment (New)

Policy Type:  Financial Institution Buyer Credit (FIBC)

Coverage Type/Term:  Comprehensive/ST

Insured:              Hemisphere National Bank, Miami, FL

Exporters/Suppliers:     Allenberg Cotton Co.

                                    Ecom USA, Inc.

                                    Cargill Cotton

                                    Weill Brothers Cotton

Insurance Broker:         International Risk Consultants

Products:                      Raw cotton

Credit Committee Decision:  Denied

Item No 2

Country:  Chile - Policy No. FB-A-272880

Request for:  Policy Commitment (New)

Policy Type:  Financial Institution Buyer Credit (FIBC)

Coverage Type/Term:  Comprehensive/ST

Insured:                 CoBank, ACB, Greenwood Village, CO

Insurance Broker:   Export Insurance Agency, Walpole, MA

Products:                Grains, such as corn, soy meal, fishmeal, wheat & sorghum

Ex-Im Bank Liability (Millions):  $1 - $5

Credit Committee Decision:  Approved