Export-Import Bank Moves SME and Mid-Sized Enterprise Finance Division to SME Circuit Headquarters

Visiting Governor Bang Moon-kyu: "Preparing for the Post-Corona Era, Supplying 29 Trillion Won to Small and Medium Enterprises This Year"

The Export-Import Bank held a plaque unveiling ceremony on the 15th to relocate the SME and Mid-sized Enterprise Finance Headquarters to the Yeouido Korea Federation of SMEs, aiming to provide customized financial services and improve accessibility for small and medium-sized enterprises. From left to right in the photo: Jang Seung-guk, Chairman of the 100 Small Giant Companies in Materials, Parts, and Equipment Council; Shin Hyun-ho, Chairman of the KEXIM Labor Union; Visit Kyoo, President of KEXIM; Yoon Hoo-duk, Chairman of the National Assembly Budget Committee; Kim Ki-moon, Chairman of the Korea Federation of SMEs; Hong Jae-sung, Chairman of JS Corporation; Choi Jin-woo, CEO of DaATI. Photo by XXX

[Asia Economy Reporter Sunmi Park] The Export-Import Bank of Korea (hereinafter ‘KEXIM’) announced on the 15th that it has relocated its Small and Medium-sized Enterprises (SME) and Mid-sized Enterprises Finance Headquarters to the Korea Federation of SMEs building in Yeouido to provide customized financial services to SMEs and improve accessibility.

To celebrate the headquarters relocation, a plaque unveiling ceremony was held, attended by KEXIM President Bang Moon-kyu, National Assembly Planning and Finance Committee Chairman Yoon Hoo-duk, Korea Federation of SMEs Chairman Kim Ki-moon, and Chairman Jang Seung-guk of the 100 Small Giants in Materials, Parts, and Equipment Council. Immediately after the event, KEXIM Vice President Kim Kyung-ja and Chairman Jang Seung-guk signed a Memorandum of Understanding (MOU) to discover competitive small giants and expand financial support.

KEXIM established a customer consultation room in the newly relocated headquarters office and introduced a non-face-to-face consultation system capable of online video consultations, creating an environment where export SMEs can receive prompt and convenient financial services both online and offline. To actively assist export-startup companies facing difficulties in funding due to lack of creditworthiness and collateral, a ‘Growth Support Team’ was newly established within the headquarters.

President Bang Moon-kyu stated, “This year, KEXIM will strive to be a reliable financial stepping stone for our export startup companies, including ventures and startups,” adding, “In preparation for the post-COVID-19 era, we plan to supply approximately KRW 29 trillion to SMEs and mid-sized enterprises so that they can quickly restore the export ecosystem.”

Chairman Yoon Hoo-duk said, “Domestic SMEs in the materials, parts, and equipment sectors and the K-New Deal sector should aim for globalization beyond localization,” and added, “As KEXIM’s SME credit organization has established a new base and expanded its organization by creating a support team for export startup companies, I hope it will become an essential financial partner for our SMEs.”

This content was produced with the assistance of AI translation services.