Success partner for your global takeoff,
The Global Network of Korea Eximbank.

How to enlarge/reduce the letter size

Enlarge the screen : Please press and hold ctrl key and press + key additionally to enlarge it. Shrink the screen : Please press and hold ctrl key and press - key additionally to reduce it.

E-Mail this

Did you find useful information at KEXIM?
Recommend the information you see now to anyone you want to share with.
After entering the following details, you can share contents by clicking "SEND"

@
@

EDCF HISTORY

  • The EDCF Act (Law No.3863) was promulgated in December 1986. The first session of the Fund Management Council was held in May 1987, and in the following month, the Export-Import Bank of Korea was entrusted as a unit for business operation and management of EDCF. In July 1987, a total of 15 billion won of initial contribution to EDCF was made by the Korean government.
  • In December 1987, a decision on its first official assistances, the Padang By-Pass Project in Indonesia and the Passenger Coach Project in Nigeria, was reached.
  • The first EDCF Workshop was held in October 1995 for government officials from nine developing countries. Assistance policy for co-financing projects with the IDB was introduced in July 2000. In December 2003, a debt relief program for the HIPC Initiative was set up to commit EDCF loans for developing countries.
  • In 2010, Korea became a member of the OECD Development Assistance Committee (DAC).
EDCF HISTORY 상징 이미지

History

2022
  • 01 Conclusion of MOU with Egypt for U$1billion
2021
  • 11 First loan to committed to India
  • 09 First co-financing provided with the EDCF and EDPF to Egypt
  • 06 Launch of the Korea-Africa Energy Investment Framework
2020
  • 12 First loan to international development financial institutions committed to CABEI
2019
  • 12 Recording USD 18 Billion in Cumulative EDCF Loan Commitments
2017
  • 12 Launch of the OECD Peer Review on EDCF
  • 09 Hosting of the EDCF International Conference in Commemoration of its 30th Anniversary Issuance of the EDCF’s 30-year History Book
2014
  • 08 Introduction of Private Sector Loan, Sector Development Loan, and Loan to International Development Financial Institution
  • 05 Conclusion of MOU with IFAD
2013
  • 12 Hosting of Climate Finance International Forum, Recording USD 10 Billion in Cumulative EDCF Loan Commitments
  • 05 Hosting of EDCF Development Finance Seminar
2012
  • 12 Approval of First Commitment for a Program Loan Launch of the OECD DAC Peer Review on EDCF
2011
  • 12 Establishment and Launch of the ODA Monitoring System
  • 12 Resumption of EDCF Aid to Myanmar
  • 09 Hosting of the First Joint Evaluation with Partner Countries
2010
  • 01 Korea's Accession to the OECD DAC
2008
  • 12 Yearly Commitment Amount First Exceeding USD 1 Billion
  • 05 First External Ex-post Evaluation of EDCF Project
2007
  • 08 Introduction of the Compact Loan and Public Partnership Loan
  • 07 Hosting of the EDCF International Conference in Commemoration of its 20th Anniversary Issuance of the EDCF’s 20-year History Book
2006
  • 12 First Grant Assistance for the Feasibility Study : Medical Equipment Supply to Dak Nong Provincial General Hospital Project, Vietnam
  • 10 Conclusion of MOU with JBIC
  • 01 First Implementation of the Medium-Term EDCF Strategic Management Plan
2005
  • 12 Cooperation Agreement Signing with the Ministry of Finance and Economy for the Operation and Management of the MDB Trust Fund Launching the International Development Consulting Center Introduction of the Country Cooperation Strategy and Program for Indonesia and Vietnam
  • 12 Conclusion of MOU between Korea Eximbank and the IDB
  • 11 Conclusion of MOU between Korea Eximbank and the AfDB
2004
  • 12 First Grant Assistance for the Ex-post Assistance : The 2nd Misamis Oriental Telephone Expansion and Modernization Project, The Philippines
  • 06 Reaching over USD 2 Billion in Cumulative EDCF Loan Commitments
  • 01 Introduction of the Special Supporting Program on a Grant Basis
2003
  • 12 Resumption of Government Contributions to EDCF in 5 years
  • 02 Conclusion of Co-financing Arrangement with IDB
2000
  • 07 First Approval of Co-financing with IDB