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The South Korean government owns the majority of its shares in the Korea Development Bank, Industrial Bank of Korea, and Korea Eximbank. Suhyup Bank and Nonghyup Bank are not owned by the Korean government, but their organizations (NFAC – which is a sole shareholder of Nonghyup Financial Group – and NFFC) are largely influenced by the ...
North Korea China Soviet Union: Stalemate. North Korean invasion of South Korea repelled, UN invasion of North Korea repelled, Chinese invasion of South Korea repelled. Korean Armistice Agreement signed. Korean Demilitarized Zone established, little territorial change at the 38th parallel border.
The following is a list of the major existing intergovernmental organizations (IGOs). For a more complete listing, see the Yearbook of International Organizations , [ 1 ] which includes 25,000 international non-governmental organizations (INGOs), excluding for-profit enterprises, about 5,000 IGOs, and lists dormant and dead organizations as ...
Busan Bank (Korean: 부산은행; Hanja: 釜山銀行) is a regional bank in South Korea. [1] The company was established in 1967 to facilitate the regional economy. [2] The bank is based and headquartered in the busy port city of Busan, South Korea, and offers a full range of retail banking services including foreign exchange at its Seomyeon main branch. [3]
NGO – A non-governmental organization (NGO), Section 8 company, or a non-profit company is a citizen-led organization that functions separately from the government, usually to advance some social cause.
The economy of South Korea is a highly developed mixed economy. [20] [21] [22] By nominal GDP, the economy was worth ₩2.24 quadrillion (US$1.72 trillion).It has the 4th largest economy in Asia and the 14th largest in the world as of 2024. [3]
In 1988, the United States added North Korea to its list of state sponsors of terrorism. Sanctions against North Korea started to ease during the 1990s when South Korea's then-liberal government pushed for engagement policies with the North. The Clinton administration signed the Agreed Framework with North Korea in 1994.
South Korea provides the world's second-largest number of Christian missionaries, surpassed only by the United States. [20] [unreliable source?] GMS, the missionary body of the "Hapdong" General Assembly of Presbyterian Church of Korea, is the single largest missionary organization in South Korea. [21] [22]