Bank of Korea
Bank of Korea is the central bank of South Korea. It operates lending and deposit facilities to control the availability of banking institutions' funds. Its lending and deposit facilities consist of Bank Intermediated Lending Support Facility, Liquidity Adjustment Loans and Deposits, Intraday Overdrafts and Special Loans.
Korean household loan growth triples on Seoul mortgage demand
Korean household loan growth triples on Seoul mortgage demand
There was an increase in housing transactions in Seoul.
10 hours ago
Indonesia and South Korea link QR payments to bypass foreign exchange
Indonesia received 5.89 million inbound QR transactions in 2025.
South Korea’s home mortgage loan growth inch up in August
Resumption of non-face-to-face lending brings back household loans to a growth.
South Korea’s new loans, deposit interest rates dip in July
Average loan rates to the corporate and household sectors fell.
SoKor, Vietnam central banks ink MOU to strengthen cooperation
It specifies areas of cooperation in greater detail, the BOK said.
South Korean banks to tighten household lending standards in Q3
This was due to the strengthening of household debt regulations.
South Korean banks’ deposits and household loans expanded in June
Corporate loans and asset management funds fell.
Vietnam meets with SoKor to diversify investment from state FX reserves
The central bank is also looking to strengthen its asset management capacity.
South Korean industrial lending rises by $12.14b in Q3 2024
Lending for working capital rose by $2.16b (KRW 3.1t).
South Korea to implement KOFR in derivatives market in 2025
Target share is 10% in 2025, and 50% in 2030.
BIS, central banks embed regulatory compliance in cross-border payments
Project Mandala has now reached proof of concept stage.
South Korea’s corporate loans rise in July; deposits decline
Tax payments and outflow of funds for various reasons led to the drop.
SoKor household loans rise in July on more mortgages
Demand may also be higher due to the summer vacation season.
Korea, Turkey renew bilateral swap agreement
The extension is effective for a period of 3 years beginning August 2024.
Indonesia and South Korea to enhance cross-border payments
The central banks expect that it will promote digital economy and benefit the tourism sector.
Interest rates of new deposits, loans in South Korea rise in May
However, the overall average of outstanding loans fell.
Korea’s USD deposits decline in April amidst weakening won
Companies reportedly withdrew part of their US dollar deposits.
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