Specialized Financial Center>About BIFC>Busan Financial Hub

스킵네비게이션

Specialized Financial Center

2009
- 01
  Busan was designated as the center of marine and derivative finance.
- 07
  A contract was signed for master plan development for promoting Busan as a financial hub
2010
- 08
  Master plan was developed for promoting Busan as a financial hub specializing in marine and derivative finance
2014
- 06
  BIFC Mixed-Use Development Project Phase 1 (63 floors) completed
- Late 2014
  Relocated public financial institutions and local financial institutions started moving in
  
  ※ Relocated public institutions (5), local institutions (3), marine financial institutions (4), other individual institutions (3)
2015
- 08
  Groundbreaking of BIFC Phase 2
2018
- 11
  BIFC Phase 2 completed
2020
- 07
  Opening of the Busan Finance Center

Maritime Finance Maritime Finance
- Opening of the Korea Marine Finance Corporation BIFC branch (Oct. 2014)
- Opening of the Korea Ship Finance BIFC Headquarters (Nov. 2014)
- Opening of the Marine Finance Center (Nov. 2014) ※ Maritime departments of KEXIM, KDB and KSURE were relocated, laying the foundation for a one-stop service system.
- The Korea Maritime Guarantee Insurance Co., Ltd. obtained license for insurance business (June 2015) ※ With a goal of reaching the capital amount of KRW 550 billion (Government: KRW 270 billion, Private Sector: KRW 280 billion)
- KAMCO Ship Investment Management was relocated to Busan (June 2015).
- Korea Shipping & Maritime was established (Jan. 2017).
- The Korea Ocean Business Corporation (KOBC) was established (Jul. 2018). ※ KOBC was established by merging the Korea Maritime Guarantee Insurance and Korea Shipping & Maritime.
Derivatives Derivatives
- The Derivatives Research & Development Center was established within KRX (Feb. 2012).
- Started operation as a central counterparty clearing house (CCP) (Mar. 2014)
- Opening of the Gold Exchange (Mar. 2014)
- Opening of the Emissions Trading Exchange (Jan. 2015)