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S.Korea Regulator to Push Ahead with KDB Merger, Launches Maritime Financing
By Editors | 16/05/2014
As part of capital market reforms, the Financial Services Commission said it will complete state-run Korea Development Bank’s merger with policy lender Korea Finance Corp within the year.
Bank of Korea Joins Islamic Finance Body
By Editors | 31/03/2014
South Korea’s central bank has joined standard-setting body Islamic Financial Services Board (IFSB).
Australia signs Bilateral Local Currency Swap Agreement with the Bank of Korea
By Editors | 25/02/2014
The Reserve Bank of Australia signed a bilateral local currency swap agreement with the Bank of Korea, allowing for the exchange of local currencies between the banks even in times of financial stress.
S.Korea to Establish 20-Year Government Bond Futures by 2015, Monitor Yuan Deposits
By Editors | 24/02/2014
The Financial Services Commission plans to launch a 20-year government bond futures market by 2015 to boost derivatives trading activity.
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