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Specialized banks are financial institutions established under a special act, not the Korean Banking Act. [1] The South Korean government owns the majority of its shares in the Korea Development Bank, Industrial Bank of Korea, and Korea Eximbank.
Korea Financial Telecommunications and Clearings Institute ( Korean: 금융결제원, KFTC) is a non-profit organization which manages several inter-bank payment systems in South Korea.
G2A.COM Limited (commonly referred to as G2A) is a digital marketplace headquartered in the Netherlands, [1] [2] with offices in Poland and Hong Kong. [3] [4] The site operates in the resale of gaming offers and others digital items by the use of redemption keys. G2A.COM’s main offerings are game key codes for platforms such as Steam, EA app, Uplay, PlayStation Network, Xbox, and Nintendo ...
Korea Exchange Bank was established in 1967 as a government-owned bank specializing in foreign exchange. It was privatized in 1989 and was one of Korea's first commercial banks. During the 2002 FIFA World Cup in Korea and Japan, KEB was the first Korean bank to export South Korean won to another nation, by exporting bundles of 10,000 won notes to Japan .
Woori Bank is known as the first South Korean bank to support web browsers other than Internet Explorer for online banking [2] [3] in Korea. As of 2020, Woori ranks 95 among the largest banks in the world in terms of total assets with 311,852 billion in USD as of the end of 2019.
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act. Since 18 July 2001 ...
The Monetary Authority of Singapore or ( MAS ), is the central bank and financial regulatory authority of Singapore. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance and manages the foreign-exchange reserves. It was established in 1971 to act as the banker to and as a financial agent of the ...
The MAS Electronic Payment System, or MEPS in short, is an SGD -only online interbank payment and fund transfer system in Singapore. [1] It went online in July 1998, and is owned and operated by the Monetary Authority of Singapore (MAS). The irrevocable transfer of funds and the real-time nature of transfers are some of the key features of MEPS.