Export-Import Bank of Korea

The Export-Import Bank of Korea (KEXIM) is the official export credit agency of South Korea, established in 1976. It operates under the Ministry of Economy and Finance and is tasked with facilitating the development of the Korean economy and enhancing economic cooperation with foreign countries. The bank provides comprehensive financial support for export/import transactions, overseas investment projects, and the development of natural resources, often serving as a bridge between the Korean government and international markets. In recent years, KEXIM has shifted its strategic focus toward 'K-Bio' and other high-tech industries, providing massive funding to support the global expansion of Korean pharmaceutical and biotech firms. It manages several government-entrusted funds, including the Economic Development Cooperation Fund (EDCF) and the Inter-Korean Cooperation Fund (IKCF), and has recently launched a major Bio-healthcare-KFund to drive innovation in immunotherapy and medical devices.