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Silicon Valley Bank ups Exim commitments

18 January 2010

Silicon Valley Bank has surpassed its own record by growing US Ex-Im working capital loan commitments by 74% in 2009.

Read more: [US Ex-Im Silicing Valley Bank] [Silicon Valley Bank] [US exports] [working capital guarantee] [workign capital program]

Silicon Valley Bank has surpassed its own record, by growing working capital loan commitments with Export-Import Bank of the United States (US Ex-Im) guarantees by 74% in 2009. The total for 2009 amounts to $174...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010