[신년사] “Let’s establish a bridgehead for exports of 600 billion dollars”

Bang Kyu, President of the Export-Import Bank.ⓒ The Export-Import Bank of Korea

In his New Year’s speech, the head of the Export-Import Bank of Korea, Bang-gyu, pointed out that although the awareness of the crisis is weakening due to the liquidity supply of central banks from each country and the anticipation for the Corona 19 vaccine, the real economy is still difficult and the path to overcome Corona 19 is still a long way.

The export conditions are difficult to be optimistic due to the reorganization of the global supply chain and the spread of protectionism, and the situation in which it is not known what unexpected variables may be blocking the way forward, but he encouraged that if employees work together, 2021 could be the best year of the Export-Import Bank.

To this end, Chairman Bang delivered new year’s recommendations to executives and staff members, such as ▲ the vanguard of recapture of $600 billion in exports ▲ acceleration of digital transformation ▲ leadership of ESG management.

For the recovery of exports and a rebound of the economy, which peaked at $600 billion in 2018, Mr. Bang actively promoted the globalization of the K-New Deal, and the traditional order-taking industries, which are still struggling with shipbuilding, construction, and plants, have a major reversal. In order to achieve this, he demanded that the Export-Import Bank demonstrate its expertise to the fullest.

As the difficulties of SMEs are the most serious in times of crisis, support for SMEs will be expanded by reflecting the characteristics of each industry, and early discovery and support of innovative promising SMEs and venture companies will be promoted through small and medium-sized speed-up loans and support for early export companies.

Director Bang said, “Let’s do our best to foster small and medium-sized enterprises into competitive small and medium-sized enterprises and unicorn enterprises through customized support for each stage of growth such as technology development, production, and export.”

Export-Import Bank, which took the first step in digital transformation last year by establishing a’digital workplace’ and establishing a digital transformation strategy, will mark this year as the first year of digitalization by establishing a dedicated digital finance organization, introducing an automatic review system, and establishing a non-face-to-face online service. It is a plan to declare.

This year, the Export-Import Bank will increase access to policy finance and convenience through customized online consultation and online document simplification, and promote the establishment of a data-based review infrastructure, launch of digital export financial products, and introduction of digital supply chain finance.

“Let’s improve the base of policy financial services and strengthen the digital financial competitiveness of the Export-Import Bank,” said Bang.

In recent years,’good management’ for win-win growth and happiness for future generations is demanded in all fields, and the government has also announced a vision to transition to a low-carbon economy and is pursuing a sustainable and inclusive growth strategy through the transition to a fair society.

Accordingly, the Export-Import Bank will also engage in ESG management such as expanding eco-friendly finance, fulfilling social responsibility, and practicing ethical management.

It internalizes ESG management in all areas of work, including loans, investments, procurement, and screening, and strengthens social responsibilities such as supporting the vulnerable, creating jobs, and protecting human rights.

“This year is an important time to support economic growth by providing a bridgehead for overcoming the corona and recapture of $600 billion in exports, while implementing future development tasks and achieving results.” “Let’s go ahead with passion and energetically with the sincerity and sincerity of the cow.”

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