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Frank Letter on Export-Import Bank's Decision to Grant Delegated Lender Authority to African Afreximbank

Press Release

Location: Washington, DC

Rep. Barney Frank (D-MA), chairman of the House Committee on Financial Services, sent a letter today to James Lambright, chairman of the Export-Import Bank of the United States to express his appreciation of Export-Import Bank's decision to grant delegated lender authority to the African Export-Import Bank (Afreximbank). Frank lauded the Export-Import Bank's decision to expand its activities in Africa through a partnership with a key regional institution, "Your decision to work with Afreximbank through a delegated lender relationship is an important step forward in meeting this statutory goal," wrote Rep. Frank.

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