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EXIM Bank Director to speak at Asian American Corporate Meet

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Director Patricia M. Loui
Director Patricia M. Loui
Director Patricia M. Loui

Director Patricia M. Loui, a member of the Export-Import Bank of the United States (EXIM) board, will participate in the Asian American Corporate Director’s Forum, part of the U.S. Pan Asian American Chamber of Commerce (USPAACC) 30th Anniversary & CelebrAsian Procurement Conference on Wednesday at the Bethesda North Marriot Hotel & Conference Center in Bethesda, MD.

As co-chair for the Asian American Corporate Directors, Loui will co-facilitate the forum along with chair of the board Sanjay Khosla, who is representing Best Buy. Other board members on the panel will include Vanessa Chang with Edison International, Shumeet Banerji with HP, and David Ching with TJX Companies.

The forum is an opportunity for attendees to learn about each of the Directors’ journey to success, their achievements, best practices in corporate governance, strategy for inclusion of more minority-owned businesses in the supply chain, and their perspective on industry trends and outlook.

This event is the country’s largest B2B conference convened by Asian Americans in order to connect with large, medium, and small enterprises.

EXIM will also have an exhibit space available June 3-5 featuring its Minority-Owned and Women-Owned Business Group, which is dedicated to assisting minority- and women-owned businesses on how to access global markets and break into or expand export sales using EXIM’s export financing.

Since FY 2009, EXIM has significantly increased its financing to support the growth of minority-owned and women-owned businesses, approving more financing over the past six years than in the previous 16 year combined.

Ex-Im Bank is an independent federal agency that supports and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees and export credit insurance, to promote the sale of U.S. goods and services abroad. Ninety percent of its transactions directly serve American small businesses.

In fiscal year 2014, Ex-Im Bank approved $20.5 billion in total authorizations. These authorizations supported an estimated $27.5 billion in U.S. export sales, as well as approximately 164,000 American jobs in communities across the country.