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Today in History: Export-Import Bank of the U.S. Established Today

2/2/2026

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Summary

Story summary

On February 2, 1934, the Export–Import Bank of the United States was established as the official export credit agency. Its mission is to facilitate U.S. exports by providing financing and insurance when private lenders are unable to do so. This agency plays a crucial role in supporting American businesses in international markets.

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Story summary

On February 2, 1934, the Export–Import Bank of the United States was established as the official export credit agency. Its mission is to facilitate U.S. exports by providing financing and insurance when private lenders are unable to do so. This agency plays a crucial role in supporting American businesses in international markets.