Tag: eximbank

eximbank

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A kiosk for ″LS SHE [safety, health, environment] with AI,″ a smart safety-control platform by LS Electric [YONHAP]

Exim Bank to inject $13.6 billion into AI sector over 5 years

The state-run Export-Import Bank of Korea (Exim Bank) said on Wednesday that it will roll out a comprehensive financial support package next month to provide 20 trillion won ($13.6 billion) in funding to the AI industry over the next five years.

2025.12.10

Korea Eximbank held a dedication ceremony at Hangang River Park for the completion of Hope Forest No. 3. [KOREA EXIMBANK]

Korea Eximbank creates mugunghwa garden

Korea Eximbank has successfully created the Hope Forest No. 3 in Yeongdeungpo District, western Seoul, it announced on Monday.

2024.5.20

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Rep. Yun Jae-ok, floor leader of the conservative People Power Party (PPP), left, and his liberal Democratic Party (DP) counterpart Rep. Hong Ihk-pyo, right, walk toward the speaker's office at the National Assembly in Yeouido, western Seoul, before their meeting on Thursday. [YONHAP]

Rival parties agree on electoral map in last-minute deal

Korea's main political parties on Thursday agreed on the map of electoral constituencies to be used in the upcoming April general election after their floor leaders reached a last-minute deal in the afternoon.

2024.2.29

From fifth from left is State Bank of Vietnam Director General Hoang Huyen Cham, Nguyen Quoc Hung, director general at Vietnam’s prime minister's office, and Yoon Hee-sung, chairman of Korea Export-Import Bank of Korea (Korea Eximbank) at the opening ceremony of Korea Eximbank’s office in Hanoi on Wednesday. Korea Eximbank established Kexim Vietnam Leasing in Vietnam in 1996 to support the financing of Korean companies entering the Vietnamese market. [KOREA EXIMBANK]

Hello Hanoi

Nguyen Quoc Hung, director general at Vietnam’s prime minister's office, and Yoon Hee-sung, chairman of Korea Export-Import Bank of Korea at the opening ceremony of Korea Eximbank’s office in Hanoi on Wednesday.

2023.6.22

Permanent Secretary of the Tanzanian Ministry of Finance and Planning, Emmanuel M. Tutuba, left front, and Export-Import Bank of Korea Chairman Yoon Hee-sung, right front, sign a loan grant agreement on Oct. 27 at the government complex in Seoul. Korean Prime Minister Han Duck-soo, right, back, and his Tanzanian counterpart, Kassim Majaliwa attended the signing ceremony. [NEWS1]

Korea Eximbank to provide $135 million in loans to Tanzania via EDCF

The Export-Import Bank of Korea will provide $135 million in loans to Tanzania via the Economic Development Cooperation Fund (EDCF) to develop the country's land information infrastructure and expand its resident registration system.

2022.10.27

Export-Import Bank of Korea nominates bank's former chairman for next president

The Export-Import Bank of Korea, otherwise known as Eximbank, announced on Tuesday the nomination of Yoon Hee-sung, former vice chairman of the bank, to become Eximbank’s 22nd president.

2022.7.26

A hydrogen gas turbine is displayed at Doosan Heavy Industries & Construction's booth at CES 2022 in January. [DOOSAN GROUP]

Doosan Heavy ends debt restructuring with a new name

Doosan Heavy Industries & Construction ended a 23-month debt restructuring program, and announced turnaround plans.

2022.3.1

Bang Moon-kyu, Chairman and President of the Export-Import Bank of Korea, left, and Hyundai Motor CEO Chang Jae-hoon, at the bank’s headquarters in Yeouido, western Seoul, on Thursday. [YONHAP]

Eximbank and Hyundai Motor ink agreement

The Export-Import Bank of Korea signed a 3-trillion-won ($2.7 billion) program to help Hyundai Motor and its smaller partners develop the so-called future mobility industry.

2021.4.1

Doosan Tower in central Seoul in April. [YONHAP]

Doosan bailed out third time this year by state banks

State-run Korea Development Bank (KDB) and the Export-Import Bank of Korea (Eximbank) on Monday agreed to provide 1.2 trillion won ($978 million) in additional support for Doosan Heavy Industries & Construction.

2020.6.1

From left are Posco International President and CEO Joo Si-bo, Export-Import Bank of Korea Chairman and President Bang Moon-kyu and SGI President and CEO Kim Sang-taek. The three organizations on Tuesday signed a business agreement to support small- and mid-sized components manufacturers. [POSCO INTERNATIONAL]

Posco International supporting component exporters

Posco International is working with the Export-Import Bank of Korea and Seoul Guarantee Insurance (SGI) to help component manufacturers suffering from the impact of the coronavirus.

2020.5.19