Export-Import Bank Amendments of 1987

Summary

Export-Import Bank Amendments of 1987 - Amends the Export-Import Bank Act of 1945 to require the Export-Import Bank to: (1) estimate an allowance for loan losses; and (2) deduct the amount of such allowance from revenues and assets in accordance with generally accepted accounting principles. Requires the Bank to include in its annual report to the Congress on its operations the aggregate amount of allowances for loan losses and a description of the method used in determining the amount of such allowances. Specifies that in providing for loan loss allowances or reporting on such allowances, no reference shall be made and no information disclosed with respect to any particular loan or country.

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1 official file

• Introduced in House

  summary · EN · 4 November 1987

  Open at official source

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