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Related Organizations

  • The KFB presides over the Korea Banking Institute(KBI), the Korea Institute of Finance(KIF), the Korea Center for International Finance(KCIF), and Korea Credit Information Services(KCIS). The KFB's Chairman acts as the Chairman of the General Meeting for the KBI, the KIF, and KICF, and the Chairman of the Board for the KBI, the KIF, and KCIS. The KFB's standing auditor also holds a position as a non-executive auditor of the four organizations.
The Korea Banking Institute (KBI)
  • Overview
    In 1976, the training center within the KFB was separated to establish the Korea Banking Institute(KBI), a non-profit financial education organization. Its mission is to cultivate financial experts who can enhance competitiveness of the Korean banking and financial industry.
  • Major Functions
    The KBI conducts financial training, certification and accreditation, as well as publishing activities. Approximately 200,000 trainees participate in 500 programs every year, and a total of over 2.5 million trainees have completed the KBI programs. With the aim of fostering global financial leaders, the KBI recently launched Global Financial Leaders Program for Korean bankers and strengthened collaborative partnerships with overseas financial educational institutions.
The Korea Institute of Finance (KIF)
  • Overview
    In 1991, the financial economy research institute within the KFB was separated to establish the Korea Institute of Finance(KIF) as an independent organization. It aims to provide expert analysis for the development of Korea's financial sector and the formulation of Korea's financial policies.
  • Major Functions
    In order to enhance communication among the financial academic community and to provide global insights on current market developments, the KIF hosts weekly and monthly seminars, as well as numerous international symposiums, workshops, and lectures. The KIF also performs systematic research and analysis on domestic and international financial systems, policy matters, and the management of financial institutions.
The Korea Center for International Finance (KCIF)
  • Overview
    Under the auspices of the government and the Bank of Korea, the Korea Center for International Finance(KCIF) was established in 1999 with the aim of preventing a recurrence of the financial crisis witnessed in 1997. Formerly an affiliated institution of the KFB, the KCIF was officially separated and set as an independent entity in 2007.
  • Major Functions
    The KCIF assists the government in heading off financial crises by monitoring the international financial markets and the global economy and issuing early warning signals. It also provides key support to government efforts to upgrade the nation's sovereign rating by helping with policy promotion and establishing relationships with financial professionals around the world.
Korea Credit Information Services (KCIS)
  • Overview
    In January 2016, the centralized credit information collection system within the KFB was separated to establish the Korea Credit Information Services(KCIS), an affiliated organization of the KFB. It is the sole centralized credit information collection agency (Credit Registry) in Korea based on the 'Credit Information Use and Protection Act'.
  • Major Functions
    KCIS collects credit information, tech-credit information , and insurance credit information. By providing the collected information to financial institutions and credit bureaus, KCIS enables financial institutions to better manage risks, companies to receive reliable funding, and consumers to make informed decisions. Furthermore, KCIS conducts Big Data analysis using the collected credit information, and as a designated special agency that supports de-identification of personal data, KCIS provides de-identification data service that ensures the utilization of data without the risk of personal data infringement.