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TThe Inter-Korean Cooperation Fund (IKCF) was established in 1990 under the Inter-Korean Cooperation Fund Act to promote mutual understanding and socio-economic interactions between South and North Korea.

Entrusted by the Korean government, the Bank assumed IKCF operation responsibilities in January 1991 and has since strived to facilitate inter-Korean relations by pursuing projects of economic, social, and humanitarian concerns under the initiative and policy coordination of the Korean government.

The Bank conducts various IKCF operations including aid, loan provisions, and the insurance coverage for trade-related transactions.

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