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	Bank of Korea - Wikipedia, the free encyclopedia
		Bank of Korea is the national central bank of the Republic of Korea (South Korea).
		Bank of Korea is historically derived from the central bank of Colonial Korea (1910-1945), Joseon Eunhaeng in Korean or Chosen Ginkou in Japanese.
		The Japanese-controlled Bank of Korea was dissolved by the Allied Occupation Forces in 1945, and its assets were transferred to the current Bank of Korea, the Central Bank of Korea in Pyongyang and a private Japanese bank.
	en.wikipedia.org /wiki/Bank_of_Korea (183 words)

	The Bank of Korea, reviewed by Seliger
		Monetary policy and the role of the Bank of Korea (BOK) were among the most contested and hotly debated issues in the financial and economic crisis of Korea in 1997 and 1998.
		The history of modern central banking in Korea is closely related to the growing Japanese influence in Korea in the early 20th century.
		Chapter 5, entitled "Economic Development and the Bank of Korea," which relates the history of the BOK to the economic development of South Korea, is as long as the four previous chapters together.
	koreaweb.ws /ks/ksr/ksr02-01.htm (1262 words)

	Finance in Korea
		The Bank of Choson which was the acting central bank until that time, relinquished all of its power to the newly established Bank of Korea.
		The central bank system was divided into three parts, the Monetary Board as the legislative body, the Bank of Korea as the executive body, and the Department (later Office) of Bank Supervision as the regulatory body.
		The Agricultural Bank was established in May 1951 under the purview of the Banking Act to aid the economic recovery in the agricultural sector.
	www.asianinfo.org /asianinfo/korea/eco/finance.htm (3466 words)

	Asia Times Online :: Korea News and Korean Business and Economy, Pyongyang News
		The Bank of Korea (BOK) has frozen the call rate, or the interest on overnight inter-bank loans, since December after cutting it by 0.25 percentage point each in August and November.
		The move is in line with a consensus forecast in a poll of 13 domestic and foreign financial institutions by Yonhap Infomax, the financial news arm of The Yonhap News Agency.
		South Korea's government front-loaded its budget in the first half and plans to extend tax cuts on automobiles and other types of items in the second half to boost private spending and generate growth.
	atimes.com /atimes/Korea/GF10Dg01.html (520 words)

	Alaska Division of Trade and Development: Korea
		The Bank of Korea and private economic research institutes in Korea regularly release forecasts on the Korean economy.
		The Bank performs the typical functions of a central bank, issuing banknotes and coins, formulating and implementing monetary and credit policy, serving as the bankers' bank and the government's bank.
		Korea is Alaska's long-time Number 2 export market, and the 54% improvement between 1998 and 1999 and into 2000 shows the rebound of the Korean economy, as well as the increase of commodity prices for the products Korea imports from Alaska.
	www.gov.state.ak.us /trade/2003/tad/korea/korea.htm (3138 words)

	Economy of South Korea - Wikipedia, the free encyclopedia
		South Korea bounced back from the 1997-98 crisis with IMF assistance, and carried out extensive financial reforms that restored stability to markets.
		As of 2005, the price of rice in South Korea is about four times that of the average price of rice on the international market, and it is generally feared that opening the agricultural market would have disastrous effects upon South Korean agricultural sector.
		In 2002, South Korea imported $271.57 million worth of goods from North Korea, mostly agro-fisheries and metal products, while shipping $371.55 million worth of goods, mostly humanitarian aid commodities including fertilizer and textiles as inputs for North Korean garment manufacturers.
	en.wikipedia.org /wiki/Economy_of_South_Korea (951 words)

	Korea Update (Site not responding. Last check: 2007-10-12)
		Korea has become the 47th member of the Inter-American Development Bank (IDB), the Ministry of Finance and Economy said in a statement on November 19.
		Korea now belongs to five major international development financial institutions, including the IDB, International Bank for Restructuring and Development, the Asian Development Bank, the European Bank for Reconstruction and Development and the African Development Bank.
		KOREA update is published by the Embassy of the Republic of Korea in Washington, D.C.
	www.koreaemb.org /archive/2004/11_2/econ/econ0.asp (360 words)

	Korea - How the World Bank Assists Korea
		Korea's relationship with the World Bank is one of collaboration on policies and projects, with the aim to assist and support other countries in the region and elsewhere.
		The World Bank works with countries to develop assistance strategies, implement development projects, and to provide technical expertise and funding for poverty-reduction programs in areas such as health, agriculture, and basic infrastructure.
		The World Bank also produces studies and reports based upon its own analysis of a given issue. Topics of research and analysis are outlined in the Country Assistance Strategy. This research is intended to provide unbiased perspective on a range of specific development challenges.
	web.worldbank.org /WBSITE/EXTERNAL/COUNTRIES/EASTASIAPACIFICEXT/KOREAEXTN/0,,contentMDK:20203091~menuPK:324653~pagePK:141137~piPK:324648~theSitePK:324645,00.html (496 words)

	Strategic Information Systems Plan - News Article (Site not responding. Last check: 2007-10-12)
		The bank faced the situation that it must replace its mainframe systems with new systems, because the previous systems were unable to meet the increasing needs of customers for flexible and speedy services.
		Although the bank was initially skeptical that the shorter timeframe could be met, it agreed to try the technique as it believed in the importance of establishing a strategic "blueprint" for all systems development that would conform to business goals now and in the future.
		Without this business rule, the bank may develop a product from a perception of needs as seen from within the organization; and yet the needs of the market may be quite different.
	www.ies.aust.com /~visible/kjb (2791 words)

	TRADE AND ECONOMIC PROFILE FOR SOUTH KOREA
		Korea Trade and Investment Promotion Agency (KOTRA): KOTRA is a non-profit governmental organization that is responsible for the promotion of trade and investment.
		Bank of Korea: The Bank of Korea is the central bank of South Korea.
		To this end, the Bank performs the typical functions of a central bank, issuing banknotes and coins, formulating and implementing monetary and credit policy, and serving as the bankers' bank and the government’s bank.
	www.itds.treas.gov /SouthKorea.html (526 words)

	CNN.com - Korea leaves interest rates unchanged - February 7, 2002
		The central bank says its 2001 GDP forecast is now 3 percent, with growth likely to hit 4 percent this year.
		On Wednesday, Australia's Reserve Bank left its benchmark cash rate at 4.25 percent, with analysts expecting the next move to be an increase in the second half of the year.
		Reuters news agency reported that the Bank of Korea's decision was in line with a unanimous forecast of 10 economists it polled.
	archives.cnn.com /2002/BUSINESS/asia/02/07/korea.rates.biz (276 words)

	Standard Chartered : Investor Relations :
		The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.
		The bank entered the consumer banking sector in September 2003, and opened a Priority Banking Center in May 2004 in the Yeoksam-dong district of Seoul.
		It is the first independent private banking branch established by a foreign bank in Korea and a demonstration of Standard Chartered's intention to be the right partner to Korean consumers based on global competence and an in-depth knowledge of local market.
	investors.standardchartered.com /ReleaseDetail.cfm?ReleaseID=159858 (1889 words)

	CNN.com - South Korea grows at 2.7% in 2Q - August 21, 2001
		That was below the bank's estimate of 3.3 percent growth and down from a rate of 9.7 percent the same time last year.
		The Bank of Korea attributed the second-quarter growth slowdown to weak exports and a decrease in capital investment.
		The Bank of Korea has slashed its forecast for 2001 growth to 3.8 percent from 5.3 percent.
	archives.cnn.com /2001/BUSINESS/asia/08/21/korea.gdp (646 words)

	Korea - About Bank One Korea (Site not responding. Last check: 2007-10-12)
		With almost 25 years of experience in the Korean market, Bank One specializes in providing highly individualized service to U.S. corporations with a presence in Korea and Korean companies with U.S. operations.
		Bank One Corporation, headquartered in Chicago, Illinois, is the fourth-largest bank holding company in the United States, with assets of more US$270 billion.
		Bank One provides traditional lending, treasury management, investment management, corporate trust, international shareholder services, corporate finance, private banking and other financial services.
	www2.bankone.com /korea/about (160 words)

	General Glut's Globblog
		Korea is just the latest example of a liquidity bubble touching a market.
		We already know that Korea has battled mightily against won appreciation over the past two years, with the Bank of Korea's foreign reserves growing 27% since January 2004 and a stunning 62% since January 2003.
		South Korea's central bank, which has a total $200 billion in reserves, said in a report to a parliamentary committee on Feb. 18 that it will increase investments in assets denominated in currencies such as the Australian and Canadian dollars.
	globblog.blogspot.com /2005/02/if-andy-xie-of-morgan-stanley-is-right.html (690 words)

	Korea Update (Site not responding. Last check: 2007-10-12)
		Included in the proposals is the establishment of a stem cell bank, and we are in consultation with the government on it," the 51-year-old Hwang said.
		He added that the envisaged stem cell bank would be headquartered in Korea if his team decides to accept the offer.
		The stem cell bank would play the role of the international supply sources of the versatile cells, which can develop into any type of cell, tissue and organ in the body.
	www.koreaemb.org /archive/2005/6_1/econ/econ11.asp (615 words)

	MicroStrategy - The Export-Import Bank of Korea
		The Export-Import Bank of Korea is using MicroStrategy enterprise-wide to support extensive financial analyses.
		Established in 1976, the Export-Import Bank of Korea, with approximately 11.9 trillion won in assets, is a special governmental financial institution with 550 employees and 17 domestic and international branch locations and subsidiaries.
		Established in 1976, the Export-Import Bank of Korea is a special governmental financial institution with approximately 550 employees, seven domestic branch locations, seven overseas branch locations, three overseas subsidiaries and approximately 11.9 trillion won in assets.
	www.microstrategy.com /Customers/Successes/ex_im_Korea.asp (385 words)

	Industrial Bank of Korea Issuance of 48,532,922 Global Depositary Shares
		SEOUL, Korea, Dec. 18 /PRNewswire/ -- Industrial Bank of Korea ("IBK" or the "Bank") is pleased to announce that a purchase agreement was signed today with respect to a US$284.6 million issuance of 48,532,922 global depositary shares ("GDSs").
		Korea Investment & Securities Co., Ltd. ("KITC") is divesting 48,532,922 common shares of the Bank in the form of GDSs.
		The Industrial Bank of Korea does not intend to register any portion of the offering in the United States or to conduct a public offering of GDSs or Shares in the United States.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-18-2003/0002077753&EDATE= (497 words)

	Central bank cuts S.Korea growth forecast (Site not responding. Last check: 2007-10-12)
		SEOUL, May 12 (UPI) -- South Korea's economy is expected to grow less than 3 percent in the first quarter, falling short of a forecast 3.4 percent, the central bank said Thursday.
		The Bank of Korea had forecast the country's GDP would grow 3.4 percent in the first three months of 2005.
		Thursday the bank left its key interest rate at an all-time low of 3.25 percent for May, the sixth consecutive month of no change.
	www.softcom.net /webnews/wed/cj/Uskorea-gdp.R4bN_FyC.html (172 words)

	Bloomberg.com: U.S.
		Korean investors, including the central bank, are the fifth- biggest foreign holders of U.S. Treasuries, with $69 billion as of December, the most recent figures available, according to the Treasury Department.
		The Bank of Korea report was given to some legislators on Feb. 18 and reported by Reuters yesterday.
		The Bank of Korea report, distributed to members of the parliament's finance and economy committee in advance of a debate scheduled for Feb. 24, also said the bank will expand investments into assets with lower credit ratings than the South Korean government.
	quote.bloomberg.com /apps/news?pid=10000103&sid=aKUd_L2Y6fRw&refer=news_index (1226 words)

	FT.com / Lex - Lex: Bank of Korea (Site not responding. Last check: 2007-10-12)
		The Bank of Korea is talking the talk.
		Its pledge to quit intervening in the foreign currency markets will be music to the ears of US politicians weary of Asian mercantilism.
		South Korea's $206bn of foreign reserves are among the highest in the world, and comfortably cover 10 months' imports or its entire foreign debt.
	news.ft.com /cms/s/ad9434bc-c7cf-11d9-9765-00000e2511c8.html (113 words)

	Korea Exchange Bank - Fact Sheet - Hoover's
		The bank focuses mainly on corporate banking, with such services as foreign exchange, trade financing, and lending.
		Korea Exchange Bank has around 325 domestic and nearly 30 foreign branches.
		South Korea's government was Korea Exchange Bank's largest shareholder until Dallas-based private equity firm Lone Star Funds acquired a majority stake late in 2003.
	hoovers.com /korea-exchange-bank/--ID__96725--/free-co-factsheet.xhtml (301 words)

	South Korea
		As one of the Four Tigers of East Asia, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy.
		Today its GDP per capita is roughly 20 times North Korea's and equal to the lesser economies of the European Union.
		This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort.
	www.peoplegoingglobal.com /Asia/South_Korea.htm (352 words)

	FT.com / World / Asia-Pacific - Bank of Korea holds interest rates (Site not responding. Last check: 2007-10-12)
		South Korea's economic growth in the first quarter of this year was at its weakest in 18 months, the Bank of Korea said yesterday as it held interest rates at a record low to boost growth.
		Park Seung, governor of the central bank, said the economy would improve in the second quarter but warned that an interest rate rise at this stage would damage the fragile recovery.
		S Korea raises rates for first time in 3 years
	news.ft.com /cms/s/905cfebc-c340-11d9-abf1-00000e2511c8.html (138 words)

	South Korea Country Analysis Brief (Site not responding. Last check: 2007-10-12)
		South Korea is the second largest importer of LNG worldwide, importing 896 billion cubic feet (Bcf) of LNG in 2003.
		Meanwhile, South Korea also is exploring the possibility of a natural gas pipeline from the Kovykta natural gas deposit in the Irkutsk region of Eastern Siberia.
		South Korea has ratified the Kyoto Protocol on greenhouse gas emissions, and while its status as a "non-Annex I state" means it has not undertaken to meet specific targets, its future plans emphasize the development of more nuclear power plants to reduce growth in carbon emissions.
	www.eia.doe.gov /emeu/cabs/skorea.html (3037 words)

	The New York Times > Business > Dollar Drops as Bank of Korea Looks to Buy Other Currencies
		Other central banks have said they are considering diversifying their holdings away from the dollar, but South Korea's announcement is the most direct so far, further unnerving already jittery markets that see Asia's central banks as a primary anchor for the dollar's value.
		The looming prospect that these central banks, especially in Asia's emerging markets, might begin actively seeking out other currencies as storehouses of their wealth has the potential to hammer the dollar even harder, but that is reflected only long after the fact in statistics, Mr.
		Russia's central bank has said it is rethinking what proportion of dollars and euros it holds, and it ranks as a rising player in the foreign exchange market because of the inflow of money from high oil prices.
	www.nytimes.com /2005/02/22/business/22cnd-dollar.html?ex=1266814800&en=ee80d27d95909a82&ei=5088&partner=rssnyt (792 words)

	RGE - Martin Wolf, Korea's Central Bank, and Collateralized Debt Obligations
		It was the first central bank deficit since 1994, and was largely the result of issuing so called monetary stabilizatoin bonds in an effort to sterilize, or offset, foreign capital inflows.
		The bank constructing the CDO knows that the rating agency will give a certain notation for a basket of stocks, and he knows this is inaccurate; the collection of stocks should in fact have a lower notation because there is higher risk.
		The fact that the Bank of Korea lost money last year despite the fact that it has the most profitable business fanchise on earth, ie the printing press, shows just how unsustainable the situation is getting to be.
	www.rgemonitor.com /blog/setser/91401 (8170 words)

	Globeinvestor.com: Korea's Second Largest Bank Deploys Plumtree Powered Applications
		"Woori Bank is one of the oldest banks in Korea.
		Bank tellers use this application to search for and access relevant information about the bank's 100 products, exchange rates and stock indices.
		Woori Bank set up a governance rule requiring that creators of new applications always include the appropriate metadata, so that it would be easy to find in the future.
	www.globeinvestor.com /servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20041109&archive=bwire&slug=20041109005490 (903 words)

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