• Contact
  • Feedback
Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • Resources
    • Industry events
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

Importers receive more US loan aid

25 July 2012 4:26PM
The Export-Import Bank of the United States continues to lift its level of direct lending to specialist US manufacturing concerns seeking access to low cost finance to support contracts to supply Australian-linked buyers.The Ex-Im Bank disclosed yesterday that over the first six-and-a-half months of 2012 it approved more than US$3.1 billion in financing for US exports to Australia.The latest financing - previously foreshadowed by the recipient - is being provided to Jabiru Satellite Ltd, a Melbourne-based firm that will provide communications services to customers in the Middle East and Africa. The Ex-Im Bank will make a direct loan of US$281 million to Jabiru.The bank said its credit exposure in Australia represented US$1.7 billion of the Bank's portfolio.Two months ago the bank said it would provide a US$2.95 billion loan to support sales by US contractors to the Australia-Pacific LNG project, on Curtis Island, near Gladstone.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use