Who We Are
Background
In October 2011, the Financial Services Commission took the initiative in establishing the 1st meeting of a Council on International Financial Cooperation to facilitate systematic overseas expansions and financial cooperation. Comprised of the heads of domestic financial institutions, the council examined the current status of international financial cooperation and discussed ways to support financial institutions’ overseas expansions based on sharing Korea’s experience in financial development.
At the 2nd meeting held in November 2012, it was decided that a secretariat be established under the Korea Institute of Finance to exclusively handle work related to international financial cooperation so as to support Korean financial institutions’ expansion overseas, and revitalize international cooperation in the financial sector.
The autonomous council to explore overseas expansion strategies was transformed into the official Council, ’Council on International Financial Cooperation’ in February 2013.
Since then, as a non-profit voluntary organization, CIFC has actively carried on its cooperation businesses to strengthen bases for global financial cooperation by sharing Korea’s financial experiences and best practices to the world.
As of 2024, CIFC is comprised of 25 major public and private financial institutions and financial associations in Korea.
20
- 2023
- Dec
- The 8th International Financial Cooperation Forum
- Oct
- Knowledge Exchange Initiative with State Bank of Vietnam and Ministry of Finance, Vietnam
- Sep
- Indonesia-Korea Financial Cooperation Forum
- Jun
- Thailand-Korea Financial Cooperation Forum
- Feb
- The 7th International Financial Cooperation Forum and CIFC 10th Anniversary Event
- Dec
- 2022
- Oct
- Cooperation Seminar with ASEAN-Korea Financial Cooperation Center
- Sep
- Knowledge Exchange Initiative with Ministry of Finance, Central Bank, and the State Assets Management Agency, Uzbekistan
- Aug
- Invitational Seminar with Embassy of the Republic of Korea in Thailand
- May
- Invitational Seminar on “Current status of overseas ESG system and Social Responsible Investment by financial institutions”
- Mar
- Invitational Seminar with Embassy of the Republic of Korea in Vietnam
- Oct
- 2021
- Oct
- Invitational Seminar on “Financial Cooperation in the Digital Era”
- Aug
- Invitational Seminar on “Uzbekistan Economy and Financial Market Development Status and Outlook”
- Jun
- Invitational Seminar on “Overview of Central American Bank for Economic Integration”
- May
- Korea-Indonesia Financial Cooperation Seminar
- Oct
- 2020
- Dec
- Invitational Seminar on “Understanding the Capital Market of Uzbekistan and Exploring Cooperation Opportunities with ADB”
- Nov
- Invitational Seminar on “Exploring New Business Strategies for the Insurance Industry after Covid-19”
- Oct
- Invitational Seminar on “Examining the Development of Financial Infrastructure in Central Asia”
- Sep
- Invitational Seminar on “Overseas Business Strategy for Financial Institutions in the Era of Covid-19“
- Dec
- 2019
- Dec
- The 6th International Financial Cooperation Forum
- Sep
- Korea-Indonesia Financial Cooperation Forum
- Jul
- Korea-LAC Financial Cooperation Seminar
- Invitational Seminar on “The Role of Finance in the World of Digital Sharing Economy”
- Jun
- Knowledge Exchange Initiative with Central Bank of Armenia
- Dec
- 2018
- Dec
- The 5th International Financial Cooperation Forum
- Sep
- Knowledge Exchange Initiative with Financial Services Authority, Ministry of Finance Indonesia and Indonesia Deposit Insurance Corporation, Indonesia
- May
- Invitational Seminar with the World Bank
- Mar
- Korea-Vietnam Financial Cooperation Forum
- Dec
- 2017
- Dec
- The 4th International Financial Cooperation Forum
- Sep
- Korea-Thailand Financial Cooperation Forum
- Jul
- Korea-Mongolia Financial Cooperation Forum
- Jun
- Knowledge Exchange Initiative with State Bank of Vietnam, Ministry of Finance, National Technology Innovation Fund, National Payment Corporation of Vietnam, Vietnam
- Dec
- 2016
- Dec
- The 3rd International Financial Cooperation Forum
- Oct
- Knowledge Exchange Initiative with Ministry of Economic Affairs and Finance, Securities & Exchange Organization, Central Securities Depository, Iran Fara Bourse, Iran
- Aug
- Knowledge Exchange Initiative with Ministry of Finance, Bank of Thailand, Thai Credit Guarantee Corporation, National Science and Technology Development Agency, Thailand
- Jun
- Korea-Myanmar Financial Cooperation Forum
- Mar
- Knowledge Exchange Initiative with Central Bank of Myanmar, Ministry of Finance, Ministry of National Planning and Economic Development, Myanmar
- Dec
- 2015
- Dec
- The 2nd International Financial Cooperation Forum
- Oct
- Knowledge Exchange Initiative with Financial Services Authority, Indonesia
- Jun
- Invitational Seminar with H.E. John Prasetio, Ambassador of Indonesian Embassy in Seoul, Korea
- May
- Korea-UK Financial Cooperation Forum
- Mar
- Knowledge Exchange Initiative in collaboration with IDB Korea Insights Program
- Dec
- 2014
- Dec
- The 1st International Financial Cooperation Forum
- Aug
- Knowledge Exchange Initiative with Securities and Exchange Commission, Thailand
- Jun
- Korea-Myanmar-ADB Financial Cooperation Forum
- May
- “Spreading Korean Financial Wave” with the Chairman of Financial Services Commission
- Jan
- Knowledge Exchange Initiative with Financial Regulatory Commission, Mongolia
- Dec
- 2013
- Dec
- Knowledge Exchange Initiative with Financial Services Authority, Indonesia
- Oct
- Korea-Uzbekistan Insurance Industry Development Forum
- Sep
- Research Project “Sixty Year Footprints of the Korean Economy and Finance”
- Jun
- Knowledge Exchange Initiative with Ministry of Finance, Uzbekistan
- Feb
- Established the Council on International Financial Cooperation
- Dec
- 2023
- Dec
- The 8th International Financial Cooperation Forum
- December General Meeting
- 「Legal and Institutional Trends and Case Studies on the Insurance Industry in Major Overseas Countries」
- CIFC Newsletter No. 8
- Nov
- November General Meeting
- [Korea Financial Telecommunications & Clearings Institute, Korea Securities Depository, Korea Technology Finance Corporation, Korea Exchange, Korea Asset Management Corporation, Korea Federation of Banks] Joint Business Trip to Washington D.C, U.S.
- Knowledge Sharing Seminar with WB and IDB
- Oct
- October General Meeting
- Knowledge Exchange Initiative with the State Bank of Vietnam and Ministry of Finance, Vietnam
- 「Exploring the IDB's Role in Development Finance in Latin America and Ways to Strengthen Partnership with Korea」
- Sep
- Indonesia-Korea Financial Cooperation Forum
- [Korea Credit Information Services, NICE Information Service, Seoul Guarantee Insurance] Korea Credit Information Center-Vietnam National Credit Information Center Joint Workshop
- September General Meeting
- CIFC Newsletter No. 7
- Aug
- 「Mid- to Long-term Development Plan for CIFC」
- July
- July General Meeting
- CIFC Newsletter No. 6
- June
- Thailand-Korea Financial Cooperation Forum
- 「KAMCO-CABEI Public Asset Management Advancement」
- June General Meeting
- May
- May General Meeting
- April
- [Financial Services Commission, Korea Federation of Banks, Korea Institute of Finance] Meeting with the Chairman of the Financial Action Task Force on Money Laundering(FATF)
- April General Meeting
- 2023 CIFC Cooperation workshop
- CIFC 2022 Annual Report
- CIFC Newsletter No. 5
- March
- March General Meeting
- February
- The 7th International Financial Cooperation Forum and CIFC 10th Anniversary Event
- January
- 2023 Annual Meeting
- Dec
- 2022
- Dec
- December General Meeting
- Nov
- November General Meeting
- Invitational Seminar with MIGA, the World Bank Group
- Uzbekistan Economic Fourm 2022
- Oct
- Cooperation Seminar with ASEAN-Korea Financial Cooperation Center
- October General Meeting
- Sept
- September General Meeting
- Ministry of Finance, Central Bank, Central Securities Depository, State Assets Management Agency, Uzbekistan
- Korea-Uzbekistan Financial Cooperation Seminar
- Aug
- Cooperation with the Embassy of the Republic of Korea in Thailand
- Jul
- July General Meeting
- Jun
- The 8th CIFC Cooperation Workshop
- May
- May General Meeting
- Current status of overseas ESG system and Social Responsible Investment by financial institutions
- Apr
- April General Meeting
- Cooperation with the Embassy of the Republic of Korea in U.S and Inter-American Development Bank
- CIFC 2021 Annual Report
- Mar
- March General Meeting
- Cooperation with the Embassy of the Republic of Korea in Vietnam
- Feb
- 2022 Annual Meeting
- Jan
- January General Meeting
- Examining the opportunities ahead with Non-Fungible Tokens in the finnancial industry
Korea-Uzbekistan Financial Cooperation Seminar(2022.09.19)
- Dec
- 2021
- Dec
- December General Meeting
- Recent Changes of Vietnam's Financial Policy and Korean Financial Companies’ Strategies for Entry
- Recent Development of the Financial Industry and Financial Policy in Cambodia and Its Implications on Future Strategy of Korean Public Financial Corporations
- Recent Changes in the Central and Latin American Financial Industry and Policies and Future Expansion Strategies
- Nov
- Overview of Knowledge Sharing Programs
- November General Meeting
- Oct
- Financial Cooperation in the Digital Era
- The 7th CIFC Cooperation Workshop
- Sept
- CIFC Logo Design Contest
- September General Meeting
- Aug
- Cooperation with the Embassy of the Republic of Uzbekistan in Seoul, Korea
- August General Meeting
- Jul
- July General Meeting
- Jun
- Overview of Central American Bank for Economic Integration (CABEI)
- June General Meeting
- May
- Cooperation with the Asia Development Bank Trust Fund
- Korea-Indonesia Financial Cooperation Seminar
- May General Meeting
- Apr
- April General Meeting
- CIFC 2020 Annual Report
- Mar
- March General Meeting
- Feb
- 2021 Annual Meeting
- Jan
- January General Meeting
Korea-Indonesia Financial Cooperation Seminar(2021.05.28)
- Dec
- 2020
- Dec
- Understanding the Capital Market of Uzbekistan and Exploring Cooperation Opportunities with ADB
- December General Meeting
- In-depth Study of Financial Environment and System in Azerbaijan
- In-depth Study of Financial Environment and System in Uzbekistan
- In-depth Study of Financial Environment and System in Kazakhstan
- Nov
- Exploring New Business Strategies for the Insurance Industry after Covid-19
- November General Meeting
- Oct
- Examining the Development of Financial Infrastructure in Central Asia
- October General Meeting
- Sept
- Overseas Business Strategy for Financial Institutions in the Era of Covid-19
- September General Meeting
- Jul
- July General Meeting
- CIFC Brochure
- Jun
- June General Meeting
- Apr
- April General Meeting
- CIFC 2019 Annual Report
- Mar
- March General Meeting
- Feb
- CIFC BiAnnual Vol. 6
- Jan
- 2020 Annual Meeting
Overseas Business Strategy for Financial Institutions in the Era of Covid-19(2020.09.25)
- Dec
- 2019
- Dec
- The 6th International Financial Cooperation Forum
- December General Meeting
- Nov
- Central Bank, Uzbekistan
- Korea-Uzbekistan Financial Cooperation Seminar
- Korea Technology Finance Corporation and Korea Housing Finance Corporation
- November General Meeting
- Oct
- The Changes Shaping the Future of the Insurance Industry
- October General Meeting
- Sept
- Korea-Indonesia Financial Cooperation Forum
- September General Meeting
- Aug
- Korea Life Insurance Association and General Insurance Association of Korea
- CIFC BiAnnual Vol. 5
- Jul
- The Role of Finance in the World of Digital Sharing Economy
- The 6th CIFC Cooperation Workshop
- Korea Exchange and KOSCOM
- Korea-LAC Financial Cooperation Seminar
- Korea Asset Management Corporation and Korea Deposit Insurance Corporation
- Jun
- Central Bank, National Mortgage Company, ACRA Credit Bureau, Securities Exchange, STAK MONEY TRANSFER, Deposit Guarantee Fund, Armenia
- Korea-Armenia Financial Cooperation Seminar
- May
- Understanding the New Northern Policy and Examining Cooperation Opportunities with Central Asia
- Korea Federation of Banks, Korea Credit Information Services and Industrial Bank of Korea
- May General Meeting
- Apr
- Cooperation with the Asian Development Bank
- April General Meeting
- CIFC 2018 Annual Report
- Mar
- March General Meeting
- Feb
- February General Meeting
- CIFC BiAnnual Vol. 4
- Jan
- 2019 Annual Meeting
- Korea Financial Investment Association and Korea Securities Depository
Korea-Indonesia Financial Cooperation Forum(2019.09.19)
- Dec
- 2018
- Dec
- The 5th International Financial Cooperation Forum
- Korea Securities Depository and Korea Housing Finance Corporation with Indonesia
- December General Meeting
- Nov
- Korea Credit Bureau and Korea Credit Information Services with Indonesia
- November General Meeting
- Oct
- NICE Information Service and Korea Financial Telecommunications & Clearings Institute with Laos
- October General Meeting
- Sept
- Financial Services Authority(OJK), Ministry of Finance, Indonesia Deposit Insurance Coprproation, Indonesia
- Korea-Indonesia Financial Cooperation Seminar
- Aug
- Understanding the New Southern Policy and Strengthening Cooperation with Cambodia
- August General Meeting
- Industrial Bank of Korea and Korea Federation of Banks with Myanmar
- CIFC BiAnnual Vol. 3
- Jul
- Korea Asset Management Corporation and Korea Securities Depository with Mongolia
- The 5th CIFC Cooperation Workshop
- Jun
- Examining Global Financial Trends and the Government's ODA Project Direction
- June General Meeting
- May
- Cooperation with the World Bank
- May General Meeting
- Apr
- April General Meeting
- CIFC 2017 Annual Report
- Mar
- March General Meeting
- Korea-Vietnam Financial Cooperation Forum
- Feb
- 2018 Annual Meeting
- CIFC BiAnnual Vol. 2
- Jan
- January General Meeting
- The 4th Myanmar Housing Finance Workshop
Korea-Vietnam Financial Cooperation Forum(2018.03.22)
- Dec
- 2017
- Dec
- The 4th International Financial Cooperation Forum
- December General Meeting
- CIFC and Korea Financial Telecommunications and Clearings Institute
- Nov
- The 4th Korea-UK Financial Cooperation Forum
- November General Meeting
- Oct
- Kish 2017 Invex, Iran Capital Market Forum
- October General Meeting
- Sept
- NICE Information Service and Korea Credit Information Services
- September General Meeting
- Korea-Thailand Financial Cooperation Forum
- SME Financing Workshop with UN ESCAP, UN ECLAC, AF, ADBI and AFI
- Aug
- CIFC BiAnnual Vol. 1
- August General Meeting
- Jul
- Korea Credit Guarantee Fund and Industrial Bank of Korea
- Mongolia-Korea Financial Cooperation Forum
- Jun
- State Bank of Vietnam, Ministry of Finance, National Technology Innovation Fund, National Payment Corporation of Vietnam, Vietnam
- Korea-Vietnam Financial Cooperation Seminar
- Cooperation with the Embassy of the Republic of Korea in Vietnam
- Meeting on Financial Infrastructure Export Plans Hosted by Financial Services Commission
- June General Meeting
- May
- Launch and Panel Discussion of Economic and Social Survey of Asia and the Pacific 2017: Korean Perspective
- Korea Securities Depository and Korea Financial Investment Association
- May General Meeting
- Apr
- April General Meeting
- Mar
- March General Meeting
- 2017 Knowledge Sharing Program Dissemination Seminar with the Korean Ministry of Economy and Finance
- Financial Supervisory Policies and Licensing of Financial Institutions in Major Southeast Asian Countries
- Feb
- 2017 Annual Meeting
- Jan
- January General Meeting
Thailand-Korea Financial Cooperation Forum(2017.09.26)
- Dec
- 2016
- Dec
- The 3rd International Financial Cooperation Forum
- December General Meeting
- Nov
- November General Meeting
- Oct
- October General Meeting
- Ministry of Economic Affairs and Finance, Securities & Exchange Organization, Central Securities Depository, Iran Fara Bourse, Iran
- Korea-Iran Financial Cooperation Seminar
- Sept
- September General Meeting
- Aug
- Ministry of Finance, Bank of Thailand, Thai Credit Guarantee Corporation, National Science and Technology Development Agency, Thailand
- Korea-Thailand Financial Cooperation Seminar
- Financial Services Authority(OJK), Indonesia
- Korea-Indonesia Financial Cooperation Seminar
- Jul
- Ministry of National Planning and Economic Development, Myanmar
- Korea-Myanmar Financial Cooperation Seminar
- July General Meeting
- Jun
- Korea-Myanmar Financial Cooperation Forum
- June General Meeting
- Apr
- April General Meeting
- Mar
- Aloqabank, Uzbekistan
- The 4th CIFC Cooperation Workshop
- Cooperation with the World Bank Songdo Office
- Central Bank of Myanmar, Ministry of Finance, Ministry of National Planning and Economic Development, Ministry of Consturction, Construction and Housing Development Bank, Myanmar
- Korea-Myanmar Financial Cooperation Seminar
- Feb
- Meeting on Supporting Overseas Expansion Hosted by Standing Commissioner of Financial Services Commission
- 2016 Annual Meeting
- Jan
- January General Meeting
Korea-Myanmar Financial Cooperation Forum(2016.06.09)
- Dec
- 2015
- Dec
- The 2nd International Financial Cooperation Forum
- December General Meeting
- Nov
- November General Meeting
- Oct
- Financial Services Authority, Indonesia
- Korea-Indonesia Financial Cooperation Seminar
- Sept
- Meeting on Supporting Overseas Expansion Hosted by Standing Commissioner of Financial Services Commission
- September General Meeting
- Jul
- July General Meeting
- Jun
- The 3rd CIFC Cooperation Workshop
- Conducted a Survey on Overseas Expansion Plans of Domestic Financial Organizations
- May
- Meeting on Overseas Expansion Hosted by the Chairman of Financial Services Commission
- Networking Luncheon with Deputy Prime Minister of Economy of Vietnam
- The 2nd Korea-UK Financial Cooperation Forum
- In-depths Study on the Indonesian Financial Market
- Examining Korea’s Financial Infrastructure Development Process and Evaluating Its Competitiveness
- Apr
- April General Meeting
- Mar
- March General Meeting
- IDB Korea Insights Program with Latin America and Caribbean Banks
- Feb
- 2015 Annual Meeting
- Jan
- January General Meeting
The 2nd Korea-UK Financial Cooperation Forum(2015.05.28)
- Dec
- 2014
- Dec
- The 1st International Financial Cooperation Forum
- December General Meeting
- Nov
- Myanmar Insurance, Myanmar
- Korea-Myanmar Financial Cooperation Seminar
- November General Meeting
- Oct
- Danske Bank, Denmark
- October General Meeting
- Sept
- September General Meeting
- Aug
- Securities and Exchange Commission, Thailand
- Korea-Thailand Financial Cooperation Seminar
- Jul
- July General Meeting
- Jun
- June General Meeting
- In-depths Study on the Indonesian Financial Market
- May
- Meeting on Spreading Korean Financial Wave Hosted by Chairman of Financial Services Commission
- Korea-Myanmar-ADB Financial Cooperation forum
- Apr
- The 1st Korea-UK Financial Cooperation Forum
- April General Meeting
- Mar
- 2014 Annual Meeting
- Feb
- February General Meeting
- Jan
- Financial Regulatory Commission, Mongolia
The 1st International Financial Cooperation Forum(2014.12.09)
- Dec
- 2013
- Dec
- Financial Services Authority, Indonesia
- Korea-Indonesia Financial Cooperation Seminar
- The 2nd CIFC Cooperation Workshop
- Nov
- 2013 Annual Meeting
- Meeting on International Financial Cooperation Hosted by Vice Chairman of Financial Services Commission
- Oct
- October General Meeting
- Korea-Uzbekistan Financial Cooperation Forum
- Sept
- The Role of Public Financial Institutions in the History of Korean Economy and Financial Development
- Launched Official Website
- State Securities Commission, Vietnam
- Jul
- July General Meeting
- Jun
- June General Meeting
- Ministry of Finance, Uzbekistan
- Korea-Uzbekistan Financial Cooperation Seminar
- May
- May General Meeting
- Apr
- April General Meeting
- Mar
- The 1st CIFC Cooperation Workshop
- Jan
- February General Meeting
Korea-Uzbekistan Financial Cooperation Forum(2013.10.28)
- Dec