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1968 - 1999 (before the establishment of K-SURE foundation)

1968 - 1999 (before the establishment of K-SURE foundation)

1968
~
1999

  • 1999
    • 12.28 The Export Insurance Act is revised
    • 02.10 Ulsan Branch opens
  • 1998
    • 12.30 Seoul, Guro, and Jeonbuk Branches open
    • 12.30 The export credit insurance business volume tops KRW 28.2 trillion
    • 12.30 Organization restructuring and performance evaluation are pursued for corporation-wide innovation
    • 08.24 Export credit guarantee granted for export receivables for 30 partner businesses
    • 07.01 Special support is granted to support the collection of export receivables via export credit guarantee
    • 03.02 The FX-denominated policy is adopted for export bond insurance
  • 1997
    • 12.30 The Export Insurance Fund is increased to KRW 506.6 billion
    • 12.30 The Export Insurance business volume exceeds KRW 15 trillion
    • 08.01 Paris Representative Office opens
  • 1996
    • 12.19 The Export Insurance Fund is increased to KRW 352 billion
    • 12.12 KEIC joins the OECD Export Credit Group (ECG) and Group of Participants (GOP)
    • 04.08 Daejeon Branch opens
  • 1995
    • 12.31 The Export Insurance Fund is increased to KRW 241.7 billion
    • 12.29 The Export Insurance business volume exceeds KRW 10 trillion
    • 04.25 Incheon Branch opens
  • 1994
    • 12.31 The Export Insurance Fund is increased to KRW 159.3 billion
    • 12.22 The Export Insurance business volume exceeds KRW 4.5 trillion
    • 11.16 Sao Paulo Representative Office opens
    • 11.05 ST export credit insurance, Agro-fisheries Insurance, and Market development insurance launch
    • 09.01 Gwangju Branch opens
    • 08.03 The Export Insurance Act is revised
    • 04.01 Daegu Branch opens
  • 1993
    • 12.31 The Export Insurance Fund is increased to KRW 104.3 billion
    • 12.23 The export credit business volume exceeds KRW 3 trillion
    • 09.09 Beijing Representative Office opens
  • 1992
    • 11.01 The Export Credit Guarantee scheme is adopted
    • 10.09 Los Angeles Representative Office opens
    • 07.24 Busan Branch opens
    • 07.07 Korea Export Insurance Corporation (KEIC) is established
  • 1991
    • 12.31 The Export Insurance Fund is increased to KRW 53.6 billion
    • 12.31 KRW 5 billion as a special contribution is added to the Export Insurance Fund
  • 1989
    • 04.01 The export receivables insurance blanket coverage program is adopted
  • 1983
    • 10.17 The Export Credit Information Center opens
  • 1981
    • 03.27 The Export Insurance Act is revised to secure the foundation for the establishment of Korea Export Insurance Corporation (KEIC)
  • 1980
    • 12.31 The Export Insurance Fund is increased to KRW 12.6 billion
    • 07.05 The blanket coverage program for MLT progressive payment basis transactions is adopted
    • 07.04 The blanket coverage program for export bond insurance is adopted
  • 1979
    • 01.01 The guidance authority of the export credit business is transferred from the Ministry of Commerce and Industry (current MOTIE) to the Ministry of Finance
  • 1977
    • 01.01 Korea Exim Bank is consigned to operate the export credit business
  • 1969
    • 02.18 Korean Reinsurance Company is consigned to operate the export credit business for the first time and secures a contribution of KRW 200 million for the Export Insurance Fund
  • 1968
    • 12.31 The Export Insurance Act is adopted and proclaimed
  • Point of Contact :  Planning and Coordination Department