Korea Exim EDCF Global Network
KOREAN

About Us Financial Service Financial Product EDCF/IKCF Sustainability Customer Service
Korea Exim EDCF Global Network
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About Us

Financial Service

Financial Product

EDCF/IKCF

Sustainability

Customer Service

Success partner for your global takeoff,
The Global Network of Korea Eximbank.

Global Asia Europe America Africa
Representative Office(24) Overseas Subsidiaries(5)

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About IKCF

Overview Assistance Activities Funding Activities Brief History

The amount of the IKCF’s financial support in 2020 totaled KRW 44.2 billion, with KRW 41.7 billion in the form of grants and another KRW 2.5 billion in loans and other forms. Cumulative disbursements of the IKCF since its establishment in 1991 stand at KRW 7.1 trillion as of the end of 2020.

By providing grants and loans to South Korean public and private entities, the Bank sup­ports costs incurred for cultural, academic and athletic events hosted together with North Korea.

Among the IKCF’s KRW 41.7 billion in grants in 2020, KRW 22.3 billion was allocated to projects facilitating economic cooperation between the two Koreas.

The IKCF provided additional KRW 13.9 billion to essential humanitarian assistance projects, such as aid for maternal and pediatric health care.

KRW 5.5 billion was allocated for projects promoting social and cultural exchange, such as the joint compilation of the Gyeoremal-keunsajeon (a unified Korean dictionary) and to support the reunions of sepa­rated families.