News | Board Minutes | 2010

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

February 18, 2010

ITEM NO 1	Ex-Im Bank Sub-Saharan Africa Advisory Committee Members for 2010
                Board Decision: Appointed persons to be members of Ex-Im's Bank Advisory 
                Committee.  Chairman Hochberg, Director Kian and Director Farrell all 
                voted in favor of the appointments.

ITEM NO 2	Minutes of November 3, 2009 Board Meeting to be approved 
                Board Decision:  Approved.  Chairman Hochberg, Director Kian and 		
                Director Farrell all approved the minutes.

ITEM NO 3	Minutes of November 12, 2009 Board Meeting to be approved 
                Board Decision:  Approved.  Chairman Hochberg, Director Kian and 		
                Director Farrell all approved the minutes.

ITEM NO 4	Minutes of November 24, 2009 Board Meeting to be approved 
                Board Decision:  Approved.  Chairman Hochberg, Director Kian and 		
                Director Farrell all approved the minutes.

ITEM NO 5	Minutes of December 3, 2009 Board Meeting to be approved 
                Board Decision:  Approved.  Chairman Hochberg, Director Kian and 		
                Director Farrell all approved the minutes.

ITEM NO 6	Minutes of December 10, 2009 Board Meeting to be approved 
                Board Decision:  Approved.  Chairman Hochberg, Director Kian and 		
                Director Farrell all approved the minutes.

ITEM NO 7 
Country:   	NIGERIA 		      POLICY NO. ESC-252288 
Request:  	RENEWAL OF SPECIAL BUYER CREDIT LIMIT 
Insured:  	ABRO Industries, Inc., South Bend, IN
Buyer:	        COSCHARIS MOTORS LIMITED, LAGOS, NIGERIA
Borrower	COSCHARIS MOTORS LIMITED, LAGOS, NIGERIA
Guarantor: 	NONE
Exporter:	ABRO INDUSTRIES, INC., SOUTH BEND, IN
Supplier:	ABRO INDUSTRIES, INC., SOUTH BEND, IN
Insurance Broker:	TRADE ACCEPTANCE GROUP (TAG), EDINA, MN
Product Description:	NEW ABRO BRANDED AUTOMOTIVE MAINTENANCE PRODUCTS, INDUSTRIAL 
                        SUPPLY PRODUCTS AND FIRE SAFETY PRODUCTS.
Ex-Im Bank Liability (Millions):  $5-$20 

Board Decision:  Approved.  Chairman Hochberg, Director Kian and Director Farrell 
                 all approved the transaction.