ANNOUNCEMENT 15 Jan 2014On 15 January 2014 the Export-Import Bank (Eximbank) of Korea signed an Unitied Interbank Loan Agreement with ICICI Bank, increasing the Indian bank’s credit line ceiling with USD 200 million, now totalling USD 1 billion. The first credit line agreement was originally established in 2007, at that point totalling USD 200 million. In this context the Bank stated: “This agreement will serve as a financial bridge for Korean companies targeting the Indian market. Korea Eximbank will exploit ICICI Bank's extensive financial network to provide the fullest possible support to Korean businesses entering India.
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The Export-Import Bank of Korea press release: Korea Eximbank Expands Credit Line with ICICI Bank to USD 1 Billion
Available at: https://www.koreaexim.go.kr/site/program/board/basicboard/view?currentpage=7&menuid=002001007&pagesize=10&boardtypeid=284&boardid=16960
Guide to the Export-Import Bank of Korean
Available at: https://www.koreaexim.go.kr/site/inc/file/fileDownload?dirname=/doc/002&...
ExImBank official website: https://www.koreaexim.go.kr/site/main/index002