Bank of Korea
Bank of Korea's Overview
The Bank of Korea (BOK) is the central bank of the Republic of Korea. Established on June 12, 1950, under the Bank of Korea Act, its primary purpose is to pursue price stability. The BOK also focuses on maintaining financial stability and supports the sound development of the national economy. Its main functions include formulating and implementing monetary policy, issuing currency (Korean Won), managing foreign exchange reserves, overseeing and ensuring the stability of the payment and settlement systems, and acting as a banker to the government and commercial banks. The Bank also conducts economic research and compiles statistics.
Where is Bank of Korea's Headquarters?
HQ Function
Serves as the central hub for all Bank of Korea operations, including monetary policy formulation and implementation, currency issuance, financial system supervision, economic research, and international cooperation.
Notable Features:
The complex includes a modern main office building and the historic original Bank of Korea building, which now houses the Bank of Korea Museum. The museum showcases the history of Korean currency and the central bank.
Work Culture:
Characterized by a high degree of professionalism, analytical rigor, and a strong sense of public service. The culture emphasizes economic research, data-driven decision-making, and collaboration to achieve its mandate of price and financial stability.
HQ Significance:
As the nerve center of South Korea's monetary policy and financial system, the headquarters is pivotal for the nation's economic stability and development. Decisions made here have far-reaching impacts on the economy.
Values Reflected in HQ: The preservation of the historic building alongside a modern facility reflects a respect for history combined with a forward-looking approach. The overall presence signifies stability, authority, and transparency.
Location:
The Bank of Korea maintains a global presence through its representative offices in major international financial centers, including New York, London, Frankfurt, Tokyo, Beijing, and Washington D.C. These offices support international financial cooperation, conduct research on global economic trends, monitor international financial markets, manage relationships with other central banks and international organizations (e.g., IMF, BIS), and assist in the management of foreign exchange reserves. This global network is crucial for informing monetary policy and ensuring financial stability in an interconnected world.
Street Address:
67, Sejong-daero, Jung-gu
City:
Seoul
State/Province:
Seoul Special City
Country:
South Korea
Bank of Korea's Global Presence
Busan, South Korea
Address: 70, Munhyeongeumyung-ro, Nam-gu, Busan, Republic of Korea
To support the balanced development of the regional economy in the Busan metropolitan area and surrounding Gyeongnam province, and to implement central bank policies at a local level.
New York City, NY, USA
Address: Bank of Korea, New York Representative Office, 810 Seventh Avenue, 24th Floor, New York, N.Y. 10019, U.S.A.
To facilitate international cooperation, gather crucial economic intelligence from a major global financial center, and support the BOK's foreign reserve management activities.
Beijing, China
Address: Bank of Korea, Beijing Representative Office, Unit 1001, 10F, West Tower, LG Twin Towers, 12 Jianguomenwai Avenue, Chaoyang District, Beijing 100022, China
To enhance understanding of the Chinese economy, support bilateral economic relations, and provide insights for BOK's policy considerations.
Buying Intent Signals for Bank of Korea
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Executive Team of Bank of Korea
As of April 2025, Bank of Korea' leadership includes:
Investors of Bank of Korea
Bank of Korea has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
The Bank of Korea's Monetary Policy Board, the key decision-making body, has seen some member appointments and term completions in the last 12-18 months, ensuring continued expertise in guiding South Korea's monetary policy.
Departures
New Appointments:
Technology (Tech Stack) used by Bank of Korea
Discover the tools Bank of Korea uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Bank of Korea Email Formats and Examples
Official communications with the Bank of Korea should generally be made through designated contact points or inquiry forms available on its official website (www.bok.or.kr). While specific individual email formats may exist internally, they are not widely publicized for unsolicited contact. For research or specific departmental inquiries, refer to contact information provided in official publications or on the website.
A common pattern for organizations in Korea could be `[username]@bok.or.kr` or `[initial][lastname]@bok.or.kr`. However, this is speculative for direct unsolicited emails.
Format
e.g., `jsmith@bok.or.kr` (This is a hypothetical example; use official channels for contact.)
Example
20%
Success rate
News and media
Bank of Korea • May 23, 2024
Bank of Korea Monetary Policy Decision: Base Rate Held at 3.50%
The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 3.50%. The Board will maintain a restrictive policy stance for a sufficient period of time until it is confident that inflation will converge on the target level....more
Reuters • April 25, 2024
Bank of Korea: South Korea Q1 GDP growth beats forecasts, fastest in over two years
South Korea's economy grew much faster than expected in the first quarter, driven by strong exports and a pickup in construction investment, central bank data showed. This robust performance provides the Bank of Korea with more room to keep its policy restrictive to fight inflation....more
Bank of Korea • March 7, 2024
Bank of Korea Releases Report on CBDC Research Progress
The Bank of Korea published a report detailing the progress and findings of its research into a central bank digital currency (CBDC). The report covers technological experiments, legal considerations, and potential impacts on the financial system, indicating ongoing exploration rather than an imminent launch decision....more
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