Bank of Korea

    Bank Loans to S. Korean Startups Surge Amid Govt Push

    By Editors | 23/02/2015

    Bank loans to small companies in South Korea increased at the fastest pace in six years in 2014, amid pressure from the government to support startups and firms with high-level technologies.

    S. Korea Central Bank Names 12 Banks for Yuan-Won Market

    By Editors | 04/11/2014

    South Korea’s central bank has designated 12 banks as market makers for direct yuan-won transactions, which open mid next month.

    S. Korean Watchdog Probes Banks for Rate-Rigging

    By Editors | 27/08/2014

    South Korea’s Fair Trade Commission has launched a probe into four major commercial banks on allegations that the lenders colluded on setting deposit and lending rates after the central bank’s policy rate cut.

    S. Korea Stresses Role of Central Bank for Sustainable Growth

    By Editors | 05/06/2014

    South Korea’s top central banker highlighted the increasing role of central banks in achieving sustainable economic growth following the global financial crisis.

    Securities / Derivatives

    Malaysia, S. Korea Launch Currency Swap Facility

    By Editors | 27/05/2014

    Bank Negara of Malaysia and the Bank of Korea have launched a currency swap facility worth up to RM5 billion, or five trillion won, to facilitate trade settlements between companies in Malaysia and South Korea.

    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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