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Interbank Credit Facility Program

Export Related Loans

- Export Loan
: Loans to fund the export of goods and services from a Korean Supplier to the foreign purchaser,
- Export Facilitation Loan
1) Loans to fund the eligible local companies’ purchase of goods and services from a Korean exporter through an agent, and
2) Loans to fund the eligible local companies’ required capital to contribute to facilitating and promoting exports from Korea

Terms and Conditions

LIBOR - Currency, 1Month, 3Month, 6Month, 12Month
Content Export Loan (Post-shipment) Export Facilitation Loan(Pre-shipment)
Eligible Transaction
  • Foreign Purchaser’s payment for the purchase of goods and services imported from Korean Supplier or through an agent
  • Purchase and installation of equipment and machinery, General working capital requirements, Any other required funding
Max. Repayment Period
  • Short-term : under 2 years
  • Long-term : 2 ~ 10 years
  • To be determined depending on the individual transaction type except general working capital(up to 3 years)
Max. Loan Amount
  • Short-term : up to 100% of contract amount
  • Long-term : up to 85% of contract amount
  • Not exceed 90% of the required fund and not exceed 150% of the past accumulated contract amount with Korean Supplier during period to corresponding to a loan tenor starting from 1 month prior to the loan application date
Repayment
  • Equal consecutive semi-annual repayment
    (In case the loan tenor is 2 year or less(short-term), lump-sum repayment is available)

OECD guideline is applied to long-term Export loans

Terms and conditions for a specific bank are subject to the credit rating of the bank.

Contact information (Interbank Finance Dept)

Contact information (Interbank Finance Dept) - Currency, 1Month, 3Month, 6Month, 12Month
Asia, Africa +82-2-3779-6359, 6405 Russia, India +82-2-3779-6376
MENA, CIS +82-2-3779-6372 Latin America, Turkey +82-2-3779-6364, 6367