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History

The history of Korea Eximbank representing the expansion of Korea the export powerhouse

Positioned as the specialized financial institution for international transaction
1991 ~ 2002

  • 1991
    • 03.31Initiated operation of IKCF
    • 05.01Issued the first Yankee Bond (USD 200 million)
    • 11.28Issued the first KRW denominated Export-Import Finance Debenture
    • Moscow Representative Office
      1991.04.22
    • Signboard hanging ceremony of  IKCF

      Signboard hanging ceremony of IKCF

  • 1992
    • 05.22Agreed with the Russian Government on the succession of guarantee debt and shared the principle of resuming economic cooperation
    • 07.01Separated Korea Export Insurance Corporation (KEIC)
    • Mexico City Representative Office
      1992.09.15
    • Ho Chi Minh Representative Office
      1992.11.09
    • London Overseas Subsidiary
      (KEXIM BANK(UK)
      1992.07.15
    • Jakarta Overseas Subsidiary
      (KEXIM MANDIRI)
      1992.06.01
  • 1993
    • 04.26Signed a Framework Agreement on co-financing with the European Bank for Reconstruction and Development (EBRD)
    • Beijing Representative Office
      1993.02.01
    • Sao Paulo Representative Office
      1993.09.24
  • 1994
    • 02.15Launched Credit Loans for SMEs
    • 06.20Established North Korean Economy and Investment Research Team
    • Washington Representative Office
      1994.02.01
    • New Delhi Representative Office
      1994.09.01
  • 1995
    • 07.01Launched Comprehensive Export Loans for SMEs
    • 08.04Launched Credit Loan Program using internal credit rating model
    • Singapore Overseas Subsidiary
      (KEXIM INTERNATIONAL SINGAPORE)
      1995.09.01
  • 1996
    • 10.15~10.23Held the EDCF annual workshop for government officials of partner countries
    • 11.05~11.06Joined ECG (Group on Export Credits and Credit Guarantees) and GOP
    • Ho Chi Minh Overseas Subsidiary
      (KEXIM Vietnam)
      1996.11.22
  • 1997

    Total annual disbursement exceeded KRW 10 trillion

    • 02.04Issued Global Bond (USD 500 million)
    • 03.20Issued Global Bond (USD 650 million)
    • 07.29Signed an MOU with KOICA (Korea International Cooperation Agency)
    • Shanghai Representative Office
      1997.05.15
    • Hanoi Representative Office
      1997.05.23
  • 1998
    • 09.17Authorized capital increased to KRW 4 trillion
    • Frankfurt
      Representative
      Office
      1998.10.14
  • 1999
    • 07.01Initiated operation of Foreign Investment Statistics analysis
    • 12.15Signed a loan agreement to support the Light Water Reactor (LWR) Project in North Korea
    • 11.Won the grand prize in Management Innovation Awards
    • Signing the first project finance loan agreement on June 29,1999

  • 2000
    • 01.10Introduced Total Exposure Limit Management System
    • 03.04Supervised for sound management by the Financial Supervisory Commission
    • Hong Kong Representative Office
      2000.12.19
  • 2001
    • 03.27Expanded the scope of Comprehensive Export Loan for SMEs to cover medium-large firms
    • 04.06Launched operation of Corporate Credit Rating System (Phase 1)
    • 06.29Loan Approval for the Mt. Kumgang Tourism Project (borrower: Korea Tourism Organization)
  • 2002
    • 04.01Introduced Structured Finance typed Direct Credit for ship buyers abroad
    • 09.16Signed a food loan agreement to provide food to North Korea in the form of loan (400 thousand tons of rice)
    • Moscow Representative Office
      2002.11.28