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Ex-Im and ICBC Leasing sign MOU

21 December 2010

The agreement signals the return of Ex-Im to the Chinese airfinance market, after a 10-year hiatus.

Read more: Ex-Im Bank ICBC ICBC Leasing Johnny Lau Fred Hochberg Boeing

The Export-Import Bank of the United States (Ex-Im Bank) and ICBC Leasing have signed a memorandum of understanding (MOU) to fund US products in the Chinese market.

The two parties intend to exchange information on a broad range of trade and business opportunities, with aviation sales of particular interest, Ex-Im said in a statement.

Ex-Im Bank will both guarantee US exports to ICBC Leasing as well as notify the Chinese company about international...


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