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EDCF/IKCF

About IKCF

  • 2014

    • Opening of the Research Institute for North Korea Development(RINK) at Korea Eximbank
  • 2013

    • Temporary shutdown of the Gaeseong Industrial Complex
    • Provision of IKCF loans to companies of the Gaeseong Industrial Complex to cover losses
  • 2012

    • Second Special Loans disbursed to support inter-Korean economic cooperation
  • 2010

    • Announcement on the Advancement of May 24th Measure
    • First Special Loans provided to support inter-Korean economic cooperation
  • 2008

    • Provision of IKCF loans to establish a separated-family reunion center at Mt.Geumgang
  • 2007

    • Second Inter-Korean Summit held in Oct.
    • Began management of the Statistics on Direct Investment to North Korea
  • 2004

    • Introduction of a Loss Compensation System, as a means to support companies investing in North Korea
  • 2003

    • Officially designated as the Inter-Korean Settlement Bank for South Korea
  • 2002

    • Provision of IKCF loans to finance inter-Korean road and railway reconnection
  • 2000

    • 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
  • 1991

    • Started operating the government-entrusted Inter-Korean Cooperation Fund (IKCF)
    • First government contribution of KRW 25billion made to IKCF
  • 1990

    • "Inter-Korea Exchanges and Cooperation Act" enacted
    • "Inter-Korean Cooperation Fund Act" enacted