Banking System
The banking system is a financial network that facilitates the transfer of funds, provides financial services, and manages monetary transactions between individuals, businesses, and governments.
Sectorial Banks:
- Korea Sectorial Banks
- Policy Banks
Ontological Signature
Markets
Banks participate in multiple markets depending on their activities, but the primary markets where banks belong include:
- Financial Markets (broad category): Banks are major players here, dealing with money, credit, and capital.
- Money Market: Banks borrow and lend short-term funds (e.g., interbank loans, certificates of deposit).
- Capital Market: Banks issue and trade long-term securities, like bonds and stocks, and provide underwriting services.
- Foreign Exchange (Forex) Market: Banks trade currencies, facilitating international payments and speculation.
- Credit Market: Banks provide loans to individuals, firms, and governments.
- Derivatives Market: Banks trade derivatives for hedging and speculation.
- Deposit Market: Banks gather deposits from consumers and businesses (though sometimes seen as a retail or service market).