Export-Import Banks

Export-Import Banks are government agencies that support a country's international trade by providing financing, insurance, and guarantees to domestic companies exporting goods and services. Their goal is to help businesses compete globally, especially when dealing with large or risky international markets. By offering financial assistance, these banks reduce the risks and barriers faced by exporters, encouraging economic growth and job creation. Essentially, they act as financial backers, helping domestic firms sell their products abroad more confidently and smoothly.