News | Board Minutes | 2004

              EXPORT-IMPORT BANK OF THE UNITED STATES

         SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                          JUNE 15, 2004

ITEM NO 1

Country GHANA                                  AP080378XX

Request for FINAL COMMITMENT

Applicant      U S BANCORP, SEATTLE WA

Borrower       MOUNTAIN TOP CONSTRUCTION COMPANY LTD., KUMASI GHANA

Guarantor      KOFI APPIAH, KUMASI GHANA

Guarantor      WILLIAM KOFI APPIAH, KUMASI GHANA

Buyer          MOUNTAIN TOP CONSTRUCTION COMPANY LTD., KUMASI GHANA

End-user       MOUNTAIN TOP CONSTRUCTION COMPANY LTD., KUMASI GHANA

Exporter       NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL

Supplier       NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL

Gteed Lender   U S BANCORP, SEATTLE WA

Project Description HIGHWAY AND STREET CONSTRUCTION

Product Description USED BULLDOZER, GRADER, LOADER, EXCAVATOR

Financed Amount $    1,370,815

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 2

Country GHANA                                  AP080523XX

Request for FINAL COMMITMENT

Applicant      WEBSTER BANK, HARTFORD CT

Borrower       GHANA LEASING COMPANY LIMITED, ACCRA GHANA

Guarantor      NONE

Buyer          GHANA LEASING COMPANY LIMITED, ACCRA GHANA

End-user       GHANA LEASING COMPANY LIMITED, ACCRA GHANA

Exporter       MATRIX INTERNATIONAL RESOURCES LLC, EAST LYME CT

Supplier       RIGGS J A TRACTOR COMPANY, LITTLE ROCK AR

Gteed Lender   WEBSTER BANK, HARTFORD CT

Project Description MINING EQUIPMENT

Product Description CONSTRUCTION AND MINING

Credit Committee Decision DENIED

      ITEM NO 3
      Country MEXICO                          AP080613XX
      Request for FINAL COMMITMENT
      Applicant      FIRST NATIONAL BANK, SAN DIEGO CA
      Borrower       SEMILLAS KINO, S.A. DE C.V., CIUDAD OBREGON, SONORA MEXICO
      Guarantor      RIVERA RUIZ, MIGUEL, CIUDAD OBREGON, SONORA MEXICO
      Guarantor      RIVERA RUIZ, SERGIO, CD. OBREGON, SONORA MEXICO
      Guarantor      ADDITIONAL GUARANTORS
      Buyer          SEMILLAS KINO, S.A. DE C.V., CIUDAD OBREGON, SONORA MEXICO
      End-user       SEMILLAS KINO, S.A. DE C.V., CIUDAD OBREGON, SONORA MEXICO
      Exporter       GRAIN HANDLERS USA, INC., MINNEAPOLIS MN
      Supplier       GRAIN HANDLERS USA, INC., MINNEAPOLIS MN
      Gteed Lender   FIRST NATIONAL BANK, SAN DIEGO CA
      Project Name NONE
      Project Description GRAIN SILOS & GRAIN DRYER
      Product Description CONVEYOR AND CONVEYING EQUIPMENT MANUFA
      Financed Amount $    1,049,274
      Repayment Term  5 YEARS
      Credit Committee Decision APPROVED

ITEM NO 4

Country TRINIDAD AND TOBAGO                    AP080505XX

Request for FINAL COMMITMENT

Applicant      BAC FLORIDA BANK, CORAL GABLES FL

Borrower       HINDU CREDIT UNION, CHAGUANAS TRINIDAD/TOBAGO

Guarantor      NONE

Buyer          HINDU CREDIT UNION, CHAGUANAS TRINIDAD/TOBAGO

End-user       HINDU CREDIT UNION, CHAGUANAS TRINIDAD/TOBAGO

Exporter       HARRIS CORPORATION, MASON OH

Supplier       HARRIS CORPORATION, MASON OH

Gteed Lender   BAC FLORIDA BANK, CORAL GABLES FL

Project Name NONE

Project Description NONE

Product Description TELEVISION BROADCASTING EQUIPMENT

Financed Amount $    4,639,704

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 5

Country NIGERIA                                AP080211XX

Credit Committee Decision REFER TO BOARD