| Export–Import Bank of Korea | |
| Type: | Public |
| Location: | Seoul, South Korea |
| Key People: | Hee-seong Yoon, CEO |
| Industry: | Banking Financial services |
| Products: | Investment Banking Commercial Banking |
| Homepage: | Official Website |
The Export–Import Bank of Korea, also commonly known as the Korea Eximbank (KEXIM), is the official export credit agency of South Korea.[1]
The bank was first established in 1976.[1] Its primary purpose is to support South Korea's export-led economy by providing loans, financing mega projects and thereby facilitating economic cooperation with other countries.[1]
The bank manages the following government funds:
On January 6, 2013, the bank announced its decision to provide loans and credit guarantees worth US$917 million to entertainment and food firms over the next three years to promote the spread of the Korean Wave in foreign countries. A spokesman representing the bank told reporters that K-pop, Korean dramas, as well as traditional Korean cuisine have huge growth potential, and that exporters of such cultural content deserve more investment and financial support.[3]