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 fundsedit
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 programsedit
On January 6, 2013, the bank announced its decision to provide loans and credit guarantees worth US$917 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]
Referencesedit
^ abcdOverview – Korea Eximbank, Export–Import Bank of Korea
export, import, bank, korea, also, commonly, known, korea, eximbank, kexim, official, export, credit, agency, south, korea, company, typepublictraded, asbmv, keximindustrybankingfinancial, servicesfounded1976, years, 1976, headquartersseoul, south, koreakey, p. The Export Import Bank of Korea also commonly known as the Korea Eximbank KEXIM is the official export credit agency of South Korea 1 Export Import Bank of KoreaCompany typePublicTraded asBMV KEXIMIndustryBankingFinancial servicesFounded1976 48 years ago 1976 1 HeadquartersSeoul South KoreaKey peopleHee seong Yoon CEOProductsInvestment BankingCommercial BankingWebsiteOfficial Website Contents 1 Overview 2 Government funds 3 Aid programs 4 References 5 External linksOverview editThe 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 editThe 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 editOn January 6 2013 the bank announced its decision to provide loans and credit guarantees worth US 917 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 References edit a b c d Overview Korea Eximbank Export Import Bank of Korea a b The Roles of KEXIM Archived 2013 03 01 at the Wayback Machine Eximbank to finance hallyu businesses The Korea TimesExternal links edit nbsp Banks portal Official website of the Korea Eximbank Retrieved from https en wikipedia org w index php title Export Import Bank of Korea amp oldid 1221725847, wikipedia, wiki, book, books, library,
