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Banobras NIP to be boon for US exporters

25 February 2010

US Ex-Im and Banobras have signed a memorandum to support up to $1 billion in US exports to back Mexico’s infrastructure development programme.

Read more: [Mexico infrastructure] [Banobras] [NIP] [US Ex-Im Mexico] [Pemex] [US exports]

 

Mexico’s National Development Bank for Public Works and Services (Banobras) and the Export-Import Bank of the United States (US Ex-Im) have signed a...


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