Export–Import Bank of Korea
Company type | State-owned enterprise |
|---|---|
| Industry | Banking Financial services |
| Founded | 1976; 50 years ago (1976)[1] |
| Headquarters | Seoul, South Korea |
Key people | Kiyeon Hwang, Chairman & CEO |
| Products | Investment Banking Commercial Banking |
| Parent | Ministry of Economy and Finance Edit this on Wikidata |
| Website | Official Website |
The Export–Import Bank of Korea (Korean: 한국수출입은행), also commonly known as the Korea Eximbank (KEXIM), is the official export credit agency of South Korea.[1]
Overview
[edit ]The bank was first established in 1976.[1] Its primary purpose is to support South Korea's export-led economy by providing loans, financing mega projects and thereby facilitating economic cooperation with other countries.[1]
Government funds
[edit ]The bank manages the following government funds:
- Economic Development Cooperation Fund (EDCF): The EDCF evaluates and implements aid projects in developing countries.[2]
- Inter-Korean Cooperation Fund (IKCF): The IKCF oversees an economic cooperation program with North Korea and serves as a clearing settlement bank with the Foreign Trade Bank of North Korea.[2]
Aid programs
[edit ]On January 6, 2013, the bank announced its decision to provide loans and credit guarantees worth US917ドル million to entertainment and food firms over the next three years to promote the spread of the Korean Wave in foreign countries. A spokesman representing the bank told reporters that K-pop, Korean dramas, as well as traditional Korean cuisine have huge growth potential, and that exporters of such cultural content deserve more investment and financial support.[3]
See also
[edit ]References
[edit ]- ^ a b c d Overview – Korea Eximbank, Export–Import Bank of Korea
- ^ a b The Roles of KEXIM Archived 2013年03月01日 at the Wayback Machine
- ^ "Eximbank to finance 'hallyu' businesses". koreatimes. 2013年02月06日. Retrieved 2024年11月07日.
