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About IKCF

year2019
  • The Second North Korea-US Summit in Feb. (Hanoi, Vietnam)
  • Meeting of the leaders of the two Koreas and the US in June (Panmunjeom)
year2018
  • The 2018 Inter-Korean Summit in April (Panmunjeom)
  • The second 2018 Inter-Korean Summit in May (Panmunjeom)
  • The North Korea-US Summit in June (Sentosa Island, Singapore)
  • The 2018 Pyeongyang Inter-Korean Summit in Sep. (Pyeongyang)
year2014
  • Opening of the Research Institute for North Korea Development (Renamed "Research Institute for North Korea and Northeast Asia Development" in 2015) at Korea Eximbank in April
year2013
  • Temporary shutdown of the Gaeseong Industrial Complex
  • Provision of IKCF loans to companies of the Gaeseong Industrial Complex to cover losses
year2012
  • Second Special Loans disbursed to support inter-Korean economic cooperation
year2010
  • Announcement on the Advancement of May 24th Measure
  • First Special Loans provided to support inter-Korean economic cooperation
year2008
  • Provision of IKCF loans to establish a separated-family reunion center at Mt.Geumgang
year2007
  • Second Inter-Korean Summit held in Oct.
  • Began management of the Statistics on Direct Investment to North Korea
year2004
  • Introduction of a Loss Compensation System, as a means to support companies investing in North Korea
year2003
  • Officially designated as the Inter-Korean Settlement Bank for South Korea
year2000
  • First Inter-Korean Summit held in June
  • First Inter-Korean trade financing provided by IKCF to support imports of zinc ingots from North Korea
  • Loan Agreement signed with the Foreign Trade Bank of North Korea to support the nation's rice purchase
year1991
  • Started operating the government-entrusted Inter-Korean Cooperation Fund (IKCF)
  • First government contribution of KRW 25 billion made to IKCF
year1990
  • "Inter-Korea Exchanges and Cooperation Act" enacted
  • "Inter-Korean Cooperation Fund Act" enacted