Export-Import Bank of Korea (KEXIM) - Credit Update - 2009/10/07 - Fitch Research

Report title: Export-Import Bank of Korea (KEXIM)

from Fitch Research
5 page (4874 word) report published Oct 07, 2009

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...The ratings of ExportImport Bank of Korea (KEXIM) are aligned with those of South Korea (Korea), reflecting its quasisovereign status; the Korean government is legally obliged to cover KEXIM's losses if its capital reserve funds cannot cover them, thereby effectively guaranteeing its solvency. KEXIM is a policy bank providing finance and guarantee facilities to Korea's importers and exporters and their overseas customers, without seeking to maximise profits. Unlike Korea's other policy banks, there are no stated plans to privatise KEXIM. + ...

Report Type:

Credit Update

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Export-Import Bank of Korea

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