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BOK to keep current key rate longer than expected amid sticky inflation

Bank of Korea (BOK) Governor Rhee Chang-yong said Friday that the BOK will sustain its restrictive monetary policy, putting aside the widely held expectations that the central bank may begin cutting the rate in the second half of the year. ....

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Rwandan bank shuts it representative office in Kenya

The closure of the office, according to a statement by CBK takes effect from April 2, 2024 ....

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Bank of Kigali shuts license to operate office in Kenya

In October last year the lender became first cross listed entity to make it to the NSE 20 Share Index ....

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Korea required to introduce state-led initiatives due to shortage of caregivers

Korea needs to improve the working conditions of domestic care workers and implant state-led initiatives to tackle future shortages of caregivers, instead of introducing foreign workers at below the legal minimum wage, labor experts said, Thursday. ....

South Korea , Hong Kong , Soult Ukpyolsi , Cho Hyuk Jin , Yang Nan Joo , National Assembly , Korea Labor Institute , Department Of Social Welfare At Daegu University , Social Welfare , Daegu University , Domestic Worker , South Korea , He Korea Times , Orea Times , Orean News In English ,

Bank of Korea and FSS conduct joint climate stress test with 15 financial institutions

The Bank of Korea (BOK) and the Financial Supervisory Service (FSS) will conduct a joint climate stress test with 15 financial institutions, the central bank and the regulator said on Wednesday. ....

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