An article in the June 1961 issue of this Bulletin reviewed the facilities available in the United Kingdom for financing exports, and subsequent articles have given details of improvements in them. Credit facilities have come to play an increasingly important part in supporting the effort to strengthen the balance of payments through a high and rising level of exports. The Government therefore keep all aspects of export credit under continuous review; the Bank of England's particular concern is with the availability and cost of finance. This article reviews some of the special features of the system of finance for export credit and the way in which they have evolved against a background of growing international competition in credit terms.
Published on
01 December 1969
Finance for exports