KEXIM Bank UK

What KEXIM Bank UK does

KEXIM Bank UK (legal name: Kexim Bank (UK) Limited) is a UK-incorporated, FCA- and PRA-authorised private limited company operating since 1992 as a wholly-owned subsidiary of the Export-Import Bank of Korea (Korea Eximbank), a Korean government-owned export credit agency. Headquartered at 3rd Floor Moorgate Hall, 155 Moorgate, London EC2M 6XB (Firm Reference Number 204490), the bank serves as the European execution platform for its state-owned parent, with paid-in capital of GBP 81.3M and total assets of GBP 604.2M as of 2025.

The bank's product portfolio comprises five core lines: (1) Corporate Credits to Korean Overseas Subsidiaries — bilateral or syndicated floating/fixed-rate loans (Libor/SOFR or Swap/CIRR + margin) for equipment purchases and working capital of Korean-owned entities in the UK and Europe; (2) Export Credits — Export Loans to Korean exporters, Direct Loans to foreign buyers, and pre-shipment finance; (3) Structured Trade Finance — non-recourse Export Factoring, Import Factoring, and Forfaiting against Letters of Credit from a network of 330+ eligible banks across 55 countries; (4) Security Investments — bond purchases in global (predominantly developed-market) entities; and (5) Agent Services — syndication agent, fronting lender, escrow account agent, and process agent roles. Underlying technology is a conventional trade-finance and credit-banking platform, with no disclosed AI/ML capabilities and proprietary value derived from the forfaiting correspondent network and ECA regulatory status rather than algorithmic differentiation.

KEXIM UK generates revenue primarily through interest margin on its lending book, transaction-based fees on factoring and forfaiting deals, and agent-service fees on syndicated transactions; pricing is not publicly disclosed and is set bilaterally based on counterparty creditworthiness, market conditions, and deal-specific terms. The go-to-market motion is enterprise relationship banking — customer acquisition is driven by parent-bank referrals via Korea Eximbank's network of 24 representative offices and 5 overseas subsidiaries, supplemented by participation in trade missions and industry forums connecting Korean and European corporates. Primary customer segments are Korean overseas subsidiaries in UK/Europe, Korean exporters/importers, and entities with business activity connected to Korean companies, with the bank explicitly serving as the financial bridge between Korean trade counterparties and UK/European markets.

Name

KEXIM Bank UK

Legal name

Kexim Bank (UK) Limited

Website

https://koreaexim.go.kr

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

KEXIM Bank UK is the London-based wholly-owned subsidiary of the Export-Import Bank of Korea, providing corporate credit, export credit, structured trade finance (factoring and forfaiting), and agent services to Korean companies and connected entities in the UK and Europe.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Corporate Credit: Loans extended to companies owned or partly owned by Korean institutions for equipment purchases and working capital, provided on bilateral or syndication basis with floating or fixed interest rates
2. Export Credit: Export credits extended to Korean exporters (Export Loan) or foreign buyers (Direct Loan), also providing pre-shipment finance to Korean exporters
3. Trade Finance: Factoring services (export and import), forfaiting services, with fees based on creditworthiness of buyers and tenor of trade bills
4. Security Investments: Investment in bonds of global entities including Korean and non-Korean businesses, with focus on developed markets
5. Agent Services: Syndication agent, fronting lender, escrow account agent, and process agent services

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

KEXIM Bank UK provides corporate credit, export credit, and structured trade finance (export/import factoring and forfaiting) to Korean companies and their overseas subsidiaries operating in the UK and Europe. The bank also offers security investments in global bonds and agent services (syndication, fronting lender, escrow account, process agent) for Korean-linked international transactions.

Product overview

KEXIM Bank UK operates as a subsidiary of the Export-Import Bank of Korea (Korea Eximbank), providing specialized banking services for Korean companies in the UK and Europe. The product portfolio centers on Corporate Credits to Korean Overseas Subsidiaries, Export Credits, and Structured Trade Finance including factoring and forfaiting services. Supporting services include Security Investments and Agent functions (syndication, fronting lender, escrow, process agent). The subsidiary serves Korean companies in the UK and Europe, as well as entities with business activities connected to Korean companies, while conducting international finance and export credit research for Korea Eximbank.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Total assets grew from GBP 521.2M (2022) to GBP 604.2M (2025)
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• JBIC (Japan Bank for International Cooperation): Japan's state-owned export credit agency providing export credit, overseas investment financing, and trade finance for Japanese companies abroad. Highly comparable to Korea Eximbank and its UK subsidiary in mandate, structure, and ECA-backed model serving home-country corporates.
• Export-Import Bank of China: China's state-owned policy bank providing export credit, import credit, and overseas project financing. Direct ECA peer with comparable mandate of supporting home-country companies operating internationally, though at significantly larger scale and broader geographic footprint.
• KEB Hana Bank London Branch: Korean commercial bank with London branch serving Korean corporate clients in UK and Europe. Direct peer in Korean-bank-in-London serving similar Korean corporate customer base with overlapping corporate banking and trade finance capabilities.
• Woori Bank London Branch: Korean commercial bank with London presence serving Korean corporate and trade finance clients. Comparable Korean-bank-in-London profile with overlapping target market and similar services for Korean corporate clients operating in UK/Europe.
• Shinhan Bank London Branch: Korean commercial bank with London branch serving Korean corporate clients in UK and Europe. Similar target market and overlap in corporate banking and trade finance services, providing parallel coverage of the Korean corporate diaspora.

Broad incumbents

• UK Export Finance: UK's official export credit agency providing export credit and insurance for UK exporters. Same ECA category and operates in the same UK market but functions as a domestic ECA rather than a foreign-owned subsidiary serving a third-country client base.
• US Export-Import Bank: US federal ECA supporting US exports through loans, guarantees, and insurance. Comparable ECA mandate and government-backed structure but operates at larger scale and different geographic focus on US exporters rather than Korean corporates.
• Euler Hermes: German/European trade credit insurer and ECA-equivalent. Operates in trade credit insurance and guarantees, with overlap in trade credit activities relevant to KEXIM Bank UK's factoring and forfaiting business across European markets.
• Coface: French trade credit insurer offering credit insurance, factoring, and trade finance solutions. Comparable in trade credit and factoring capabilities, overlapping with KEXIM Bank UK's trade finance operations across European export-import flows.
• Standard Chartered: Global bank with strong trade finance and emerging markets franchise across Asia, Africa, and Middle East. Overlaps with KEXIM Bank UK's trade finance capabilities but operates at much larger scale with broader geographic reach and corporate banking depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/KoreaEXIM
• LinkedInlinkedin.com/company/kexim-bank-uk-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KEXIM Bank UK