Summary/Agenda of the Meeting of the Board of DirectorsThursday, May 2, 2013
I. NON-CLASSIFIED ITEMS:
1. Minutes of April 11, 2013 Board Meeting to be approved
TRADE FINANCE DIVISION
2. COUNTRY: VIETNAM - ELC 120766 / Tracking No. 55888 (Amendment/Increase)
OBLIGOR: Vietnam Technological and Commercial Joint Stock Bank
END USER: Various
PRODUCTS: Bulk Agricultural Products
II.CLASSIFIED ITEMS: NONE
CERTIFICATION FOR CLOSURE OF MEETING
I, Inci Tonguch-Murray, Assistant General Counsel for Administration (Acting), hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, May 2, 2013, in the Board Room will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.
Accordingly, such meeting may be closed to the public.
Assistant General Counsel (Acting)
ITEM NO 1 Minutes of April 11, 2013 Board Meeting for consideration and approval.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the minutes.
ITEM NO 2
Country VietnamTracking No. 558888
Request For Amendment IncreasePolicy No. ELC 120766
Policy Type Bank Letter of CreditCoverage Type/Term Comprehensive/ST
InsuredCoBank, Acb, Greenwood Village, CO
Buyer/ObligorVietnam Technological and Commercial Joint Stock Bank, Hanoi, Vietnam
BrokerExport Insurance Agency, Walpole, MA
Products/UseBulk Agricultural Products
Ex-Im Bank Liability (Millions) $20+
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the Amendment Increase.