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The Export Import Bank of the United States.


THE EXPORT IMPORT BANK OF THE UNITED STATES Bank of the United States, name for two national banks established by the U.S. Congress to serve as government fiscal agents and as depositories for federal funds; the first bank was in existence from 1791 to 1811 and the second from 1816 to 1836. , an official U.S. export credit agency Export Credit Agency

An agency established by a country to finance its nation's goods, investment, and services, often offers political risk insurance.
, said it would lend US$60 million to Lider Taxi Aereo, a Brazilian helicopter helicopter, type of aircraft in which lift is obtained by means of one or more power-driven horizontal propellers called rotors. When the rotor of a helicopter turns it produces reaction torque which tends to make the craft spin also.  services company, to buy helicopters and equipment from Sikorsky, a U.S. aircraft company. The bank said the loan would boost Sikorsky's ability to service Brazil's offshore oil industry.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Brazil; lends Lider Taxi Aereo
Comment:The Export Import Bank of the United States.(Brazil)(lends Lider Taxi Aereo)
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:3BRAZ
Date:Dec 1, 2004
Words:58
Previous Article:Suzano Bahia Papel E Celulose.(Brazil)(paper and pulp company)(Brief Article)
Next Article:Parmalat.(Brazil)(Parmalat Finanziaria S.p.A. files bankruptcy)(Brief Article)
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