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\nWASHINGTON, Nov. 26, 2012 —\u00a0Over $35.7 Billion in Export Financing Supporting 255,000 U.S. Jobs<\/b><\/p>\n
\nWASHINGTON, Nov. 26, 2012 —\u00a0Over $35.7 Billion in Export Financing Supporting 255,000 U.S. Jobs<\/b><\/p>\n
WASHINGTON, Nov. 26, 2012 \/PRNewswire-USNewswire\/ —\u00a0The Export-Import Bank of the United States (Ex-Im Bank) today released its\u00a0Fiscal Year 2012 annual report<\/a>— a fourth consecutive record-breaking year with almost $35.8 billion in export financing that supported about $50 billion in exports and 255,000 American jobs.<\/p>\n (Logo:\u00a0http:\/\/photos.prnewswire.com\/prnh\/20110414\/MM83673LOGO<\/a>\u00a0)<\/p>\n “The ‘Made in the USA’ brand has never been stronger,<\/span><\/strong> fueled by the strength of American exporters and the work\u00a0President Obama<\/a>\u00a0has done to grow our economy,” said Fred P. Hochberg, Ex-Im chairman and president.\u00a0 “FY 2012 authorizations, at over $35.7 billion, were up about ten percent from the year before, and more than double the amount from FY 2008.\u00a0 In the past five years, U.S. exporters working with Ex-Im Bank have created or sustained over one-million private sector jobs. And we’ve done it all at no cost to the American taxpayer, as Ex-Im has sent $1.6 billion to the\u00a0U.S. Treasury<\/a>\u00a0over the past five years.”<\/p>\n “By these measures and others, the past five years have seen nothing less than a revolution in export-driven economic development,” Hochberg said.<\/p>\n Among the highlights from the report:<\/p>\n <\/p>\n FY 2012’s over $35.7 billion in authorized export financing was 10 percent greater than FY 2011, and more than double the amount from FY 2008.<\/p>\n “I couldn’t be more proud of the men and women who are committed to the mission of Ex-Im Bank,” Hochberg said.\u00a0 “They provide dedicated service, expertise, and professionalism to the U.S. companies with which we work.”<\/p>\n The online version of the FY 2012 annual report is available at\u00a0http:\/\/go.usa.gov\/Yh3A<\/a>.<\/p>\n About Ex-Im Bank<\/b><\/p>\n\n