Export-Import Bank of Korea

South Korea's official export credit organization is the Export-Import Bank of Korea (also known as Korea Eximbank). In 1976, the bank was initially founded. Its main goal is to boost South Korea's export-led economy by financing large-scale projects and consequently promoting trade with other nations.

To encourage the development of the Korean Wave abroad, the bank stated on January 6, 2013, that it will give entertainment and food companies loans and credit guarantees totaling US$917 million over the ensuing three years. A spokesperson for the bank told reporters that exporters of such cultural content merit further financial assistance and investment because K-pop, Korean dramas, and traditional Korean cuisine all have enormous growth potential.

Founded: 1976
Headquarters: Seoul, South Korea
Website: https://www.koreaexim.go.kr