Some Eximbanks work to attract foreign investments into their country by providing financing, insurance, and guarantees for foreign investors.
An Export-Import Bank (Eximbank) is a financial institution or government agency that supports and promotes international trade, economic growth, and job creation. Through a variety of trade finance services, financing solutions, and risk mitigation tools, Eximbanks foster the expansion of a nation’s exports, increase its competitiveness on international markets, and contribute to economic growth.
Site: https://emeriobanque.wordpress.com/2023/09/22/what-is-an-export-import-bank-eximbank/
Tags: international trade and economic growth, international trade.
