The Export-Import Bank of Korea (Korea Eximbank) is an official export credit agency providing comprehensive export credit and guarantee programs to support Korean enterprises in conducting overseas business. Since its establishment in 1976, the bank has actively supported Korea's export-led economy and facilitated economic cooperation with foreign countries. Korea Eximbank's primary services include export loans, trade finance, and guarantee programs structured to meet the needs of clients in a direct effort to both complement and strengthen the clients' competitiveness in global markets. The bank also provides overseas investment credit, natural resources development credit, import credit, and information services related to business opportunities abroad.
Furthermore, the bank is responsible for the operation of two government funds: the Economic Development Cooperation Fund (EDCF), a Korean Official Development Assistance program, and the Inter-Korean Cooperation Fund (IKCF), an economic cooperation program with North Korea. The bank strives to become "Your Partner for Global Business" as reflected in its vision by continuously fostering innovation and development throughout its operations.
ROLE OF EXIM
An ECA (Export Credit Agency) Facilitating Export Transactions
Provide export credits to promote the export of capital goods such as ships and industrial plants and high technology industries such as IT.
Provide credits to support overseas investments, overseas projects, and natural resource development projects.
Executor of EDCF (Economic Development Cooperation Fund) Enhancing Cooperative Ties with Developing Countries
Appraise, conclude loan agreements, disburse, and implement evaluation for economic development aid projects in developing countries.
Research ODA (Official Development Assistance) policy directions.
Executor of IKCF (Inter-Korean Cooperation Fund) Contributing to the Foundation for Reunification of North and South Korea
Appraise, disburse, and provide ex-post management for grants and loans.
Serve as a clearing settlement bank with the Foreign Trade Bank of North Korea.See more