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Bank of Korea, the Glossary

Index Bank of Korea

The Bank of Korea (BOK) is the central bank of the Republic of Korea and issuer of South Korean won.[1]

Table of Contents

  1. 52 relations: April Revolution, Bank of Korea, Bank of Korea Money Museum, Battle of Inchon, Beijing, Busan, Busan Bank, Central bank, Cho Soon, Consumer price index, Daegu, Daejeon, DGB Financial Group, Economic Cooperation Administration, Economic policy, Economy of South Korea, Excellency, Federal Reserve Bank, Financial Services Commission (South Korea), Five-Year Plans of South Korea, Frankfurt, Government of South Korea, Inflation, Inflation targeting, International Bank for Reconstruction and Development, International Monetary Fund, Kim Choong-soo, Korea Development Bank, Korea Exchange, Korea Financial Investment Association, Korean War, Korean won, Lee Ju-yeol, Lender of last resort, List of banks in South Korea, List of central banks, London, May 16 coup, Ministry of Economy and Finance (South Korea), New York City, Non-bank financial institution, Park Seung, Payment system, President of South Korea, Price stability, Real-time gross settlement, Rhee Chang-yong, Seoul, South Korea, South Korean won, ... Expand index (2 more) »

  2. Banks established in 1950
  3. Banks of South Korea
  4. South Korean companies established in 1959

April Revolution

The April Revolution (4.19 혁명), also called the April 19 Revolution or April 19 Movement, were mass protests in South Korea against President Syngman Rhee and the First Republic from April 11 to 26, 1960, which led to Rhee's resignation.

See Bank of Korea and April Revolution

Bank of Korea

The Bank of Korea (BOK) is the central bank of the Republic of Korea and issuer of South Korean won. Bank of Korea and bank of Korea are banks established in 1950, banks of South Korea, central banks and south Korean companies established in 1959.

See Bank of Korea and Bank of Korea

Bank of Korea Money Museum

Bank of Korea Money Museum, is an economics and numismatics museum in Seoul founded by the Bank of Korea in 2001.

See Bank of Korea and Bank of Korea Money Museum

Battle of Inchon

The Battle of Inchon, also spelled Battle of Incheon, was an amphibious invasion and a battle of the Korean War that resulted in a decisive victory and strategic reversal in favor of the United Nations Command (UN).

See Bank of Korea and Battle of Inchon

Beijing

Beijing, previously romanized as Peking, is the capital of China.

See Bank of Korea and Beijing

Busan

Busan, officially is South Korea's second most populous city after Seoul, with a population of over 3.3 million inhabitants as of 2024.

See Bank of Korea and Busan

Busan Bank

Busan Bank is a regional bank in South Korea. Bank of Korea and Busan Bank are banks of South Korea.

See Bank of Korea and Busan Bank

Central bank

A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. Bank of Korea and central bank are central banks.

See Bank of Korea and Central bank

Cho Soon

Cho Soon (조순; 1 February 1928 – 23 June 2022) was a South Korean politician who was the first publicly elected mayor of Seoul, serving from 1995 to 1997.

See Bank of Korea and Cho Soon

Consumer price index

A consumer price index (CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households.

See Bank of Korea and Consumer price index

Daegu

Daegu, formerly spelled Taegu and officially Daegu Metropolitan City, is a city in southeastern South Korea.

See Bank of Korea and Daegu

Daejeon

Daejeon is South Korea's fifth-largest metropolis, with a population of 1.5 million as of 2019.

See Bank of Korea and Daejeon

DGB Financial Group

DGB Financial Group Co., Ltd. (DGBFG) is financial holding company headquartered in Daegu, South Korea.

See Bank of Korea and DGB Financial Group

Economic Cooperation Administration

The Economic Cooperation Administration (ECA) was a U.S. government agency set up in 1948 to administer the Marshall Plan.

See Bank of Korea and Economic Cooperation Administration

Economic policy

The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy.

See Bank of Korea and Economic policy

Economy of South Korea

The economy of South Korea is a highly developed mixed economy.

See Bank of Korea and Economy of South Korea

Excellency

Excellency is an honorific style given to certain high-level officers of a sovereign state, officials of an international organization, or members of an aristocracy.

See Bank of Korea and Excellency

Federal Reserve Bank

A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States.

See Bank of Korea and Federal Reserve Bank

Financial Services Commission (South Korea)

The Financial Services Commission (FSC), formerly Financial Supervisory Commission, is South Korean government's top financial regulator.

See Bank of Korea and Financial Services Commission (South Korea)

Five-Year Plans of South Korea

The Five-Year Economic and Social Development Plans (경제사회발전 5개년계획) were a series of economic development projects in South Korea.

See Bank of Korea and Five-Year Plans of South Korea

Frankfurt

Frankfurt am Main ("Frank ford on the Main") is the most populous city in the German state of Hesse.

See Bank of Korea and Frankfurt

Government of South Korea

The Government of South Korea is the national government of the Republic of Korea, created by the Constitution of South Korea as the executive, legislative and judicial authority of the republic.

See Bank of Korea and Government of South Korea

Inflation

In economics, inflation is a general increase in the prices of goods and services in an economy.

See Bank of Korea and Inflation

Inflation targeting

In macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and announces this inflation target to the public.

See Bank of Korea and Inflation targeting

International Bank for Reconstruction and Development

The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States; it is the lending arm of World Bank Group.

See Bank of Korea and International Bank for Reconstruction and Development

International Monetary Fund

The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.

See Bank of Korea and International Monetary Fund

Kim Choong-soo

Kim Choong-soo (born 6 June 1947) is a South Korean economist and politician who was Governor of the Bank of Korea from April 2010 until March 2014.

See Bank of Korea and Kim Choong-soo

Korea Development Bank

Korea Development Bank (KDB Bank) is a South Korean state-owned development bank which aims to encourage the industrial development of South Korea.

See Bank of Korea and Korea Development Bank

Korea Exchange

Korea Exchange (KRX, 한국거래소) is the sole securities exchange operator in South Korea.

See Bank of Korea and Korea Exchange

Korea Financial Investment Association

The Korea Financial Investment Association (KOFIA) is a non-profit, self-regulatory organization (SRO) in South Korea, founded under the Financial Investment Services and Capital Markets Act.

See Bank of Korea and Korea Financial Investment Association

Korean War

The Korean War was fought between North Korea and South Korea; it began on 25 June 1950 when North Korea invaded South Korea and ceased upon an armistice on 27 July 1953.

See Bank of Korea and Korean War

Korean won

The Korean Won or Korean Empire won, was the official currency of the Korean Empire between 1900 and 1910.

See Bank of Korea and Korean won

Lee Ju-yeol

Lee Ju-yeol (born 24 July 1952) is a South Korean economist and technocrat served as the 25th Governor of the Bank of Korea, the South Korean central bank, from 2014 to 2022.

See Bank of Korea and Lee Ju-yeol

Lender of last resort

In public finance, a lender of last resort (LOLR) is the institution in a financial system that acts as the provider of liquidity to a financial institution which finds itself unable to obtain sufficient liquidity in the interbank lending market when other facilities or such sources have been exhausted.

See Bank of Korea and Lender of last resort

List of banks in South Korea

This is a list of South Korean banks. Bank of Korea and list of banks in South Korea are banks of South Korea.

See Bank of Korea and List of banks in South Korea

List of central banks

This is a list of central banks. Bank of Korea and list of central banks are central banks.

See Bank of Korea and List of central banks

London

London is the capital and largest city of both England and the United Kingdom, with a population of in.

See Bank of Korea and London

May 16 coup

The May 16 military coup d'état was a military coup d'état in South Korea in 1961, organized and carried out by Park Chung Hee and his allies who formed the Military Revolutionary Committee, nominally led by Army Chief of Staff Chang Do-yong after the latter's acquiescence on the day of the coup.

See Bank of Korea and May 16 coup

Ministry of Economy and Finance (South Korea)

The Ministry of Economy and Finance (MOEF) oversees the financial policies of the South Korean government.

See Bank of Korea and Ministry of Economy and Finance (South Korea)

New York City

New York, often called New York City (to distinguish it from New York State) or NYC, is the most populous city in the United States.

See Bank of Korea and New York City

Non-bank financial institution

A non-banking financial institution (NBFI) or non-bank financial company (NBFC) is a financial institution that is not legally a bank; it does not have a full banking license or is not supervised by a national or international banking regulatory agency.

See Bank of Korea and Non-bank financial institution

Park Seung

Park Seung (born February 16, 1936) is a Korean economist who most recently served as a Governor of the Bank of Korea from 2002 to 2006.

See Bank of Korea and Park Seung

Payment system

A payment system is any system used to settle financial transactions through the transfer of monetary value.

See Bank of Korea and Payment system

President of South Korea

The president of the Republic of Korea, also known as the president of Korea, is both the head of state and head of government of the Republic of Korea.

See Bank of Korea and President of South Korea

Price stability

Price stability is a goal of monetary and fiscal policy aiming to support sustainable rates of economic activity.

See Bank of Korea and Price stability

Real-time gross settlement

Real-Time Gross Settlement (RTGS) systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to any other bank on a "real-time" and on a "gross" basis to avoid settlement risk.

See Bank of Korea and Real-time gross settlement

Rhee Chang-yong

Rhee Changyong (born 16 May 1960) is a South Korean economist currently serving as the 26th Governor of the Bank of Korea from April 2022.

See Bank of Korea and Rhee Chang-yong

Seoul

Seoul, officially Seoul Special City, is the capital and largest city of South Korea.

See Bank of Korea and Seoul

South Korea

South Korea, officially the Republic of Korea (ROK), is a country in East Asia.

See Bank of Korea and South Korea

South Korean won

The South Korean won (Symbol: ₩; Code: KRW) is the official currency of South Korea.

See Bank of Korea and South Korean won

Tokyo

Tokyo (東京), officially the Tokyo Metropolis (label), is the capital of Japan and one of the most populous cities in the world, with a population of over 14 million residents as of 2023 and the second-most-populated capital in the world.

See Bank of Korea and Tokyo

Yoo Chang-soon

Yoo Chang-soon (6 August 1918 – 2 June 2010) was the Prime Minister of South Korea from 4 January 1982 to 24 June 1982.

See Bank of Korea and Yoo Chang-soon

See also

Banks established in 1950

Banks of South Korea

South Korean companies established in 1959

References

[1] https://en.wikipedia.org/wiki/Bank_of_Korea

Also known as Governor of the Bank of Korea, The Bank of Korea, .

, Tokyo, Yoo Chang-soon.