Bank of Korea

Fintech / Regtech

Korea to Pilot Deposit Token Payments at Major Convenience Store Chains

By Mark Johnston | 06/04/2026

BOK is partnering with commercial banks and retailers to test deposit token payments in real-world consumer settings.

Fintech / Regtech

Indonesia and South Korea Launch Cross-Border QR Payments

By Editors | 02/04/2026

The linkage allows travellers to use domestic payment apps for local currency transactions, part of a wider regional payments integration initiative.

Market Infrastructure

Korea Sets 2030 Deadline to Phase Out CD Rate in Major Benchmark Reform

By Mark Johnston | 01/04/2026

Regulators will accelerate the adoption of the KOFR risk-free rate while unwinding the CD rate and KORIBOR benchmarks.

ESG / Sustainability

Korea Must Bridge Gap Between Financial Strength and Climate Action: IEEFA

By Manesh Samtani | 31/03/2026

New commentary highlights a significant misalignment in South Korea’s climate finance, urging robust regulatory and policy reforms to match its advanced financial system.

Market Infrastructure

Korea Forms Task Force to Manage WGBI Capital Inflows

By Manesh Samtani | 30/03/2026

New multi-agency body will monitor funds and devise response plans ahead of the country's inclusion in the global bond index.

Capital / Liquidity

BOK Flags Stability Risks from Geopolitics, Domestic Vulnerabilities

By Manesh Samtani | 27/03/2026

BOK has assessed the financial system as stable but warns of latent risks from market volatility and structural weaknesses.

South Korea Names BIS Veteran Shin Hyun-song as Next BOK Governor

By Nithya Subramanian | 23/03/2026

The nomination of a BIS economist signals a focus on global experience and monetary stability amid rising inflation and economic uncertainty.

Securities / Derivatives

South Korea to Bolster Defences Against Mounting External Risks

By Manesh Samtani | 20/03/2026

Korean authorities will conduct stress tests across the financial sector and prepare an expanded KRW 100 trillion market stabilisation programme.

Fintech / Regtech

BOK Expands CBDC Pilot to Test Subsidies, P2P Transfers

By Sanday Chongo Kabange | 19/03/2026

The central bank is adding two more lenders to its 'Project Hangang' pilot and will test programmable payments for government subsidies.