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The consolidation of the financial supervisory system helped Korea to quickly and efficiently recover from the Asian financial crisis that broke out at the end of 1997. The FSS led an intensive restructuring of the financial industry, eliminating insolvent financial companies and putting the financial system back on track.
Some Korean universities offer internal scholarships based on merit or on financial need. External scholarships are provided by companies such as Samsung, domestic and foreign governments, and private foundations, each with a different focus. The Korean Government Scholarship Program includes several programs like KGSPIS, KGSPSO, and support ...
It makes financial policies, and directs the Financial Supervisory Service. The Financial Supervisory Commission was established in 1998. With the start of Lee Myung-bak administration, the Commission was rearranged into the Financial Services Commission; the new one took over the policy-making authority from the Finance Ministry.
South Korea: Financial Services Commission (FSC) ; Financial Supervisory Service (FSS) ; Korea Deposit Insurance Corporation (KDIC) Kosovo: Central Bank of Kosovo: Kuwait: Central Bank of Kuwait ; Capital Markets Authority (CMA) Kyrgyzstan: State Service for Financial Market Regulation and Supervision (FSA) Laos: Lao Securities Commission (LSC ...
The Korean Government Scholarship Program (KGSP) is an academic scholarship funded and managed by the National Institute for International Education (NIIED), a branch of the Ministry of Education in South Korea. [7] This scholarship provides non-Korean scholars (or overseas Koreans who fulfil certain criteria) with the funding and opportunity ...
The Korean Government Scholarship Program is designed to bring overseas talent to South Korea, and to integrate the scholars into Korean culture and society. If accepted, each scholar typically spends one year in South Korea learning the Korean language, followed by a 2 - 4 year university program, depending on their level of studies.
Students do not qualify for this loan program if they are in a graduate school, a continuing education program through an academic credit bank system, or a school outside of Korea. Loan must be used for tuition, qualifying school fees, and other specific education-related costs, including living expenses during study.
The Korea Deposit Insurance Corporation (KDIC) is a South Korean deposit insurance corporation, established in 1996 to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management, risk surveillance, resolution, recovery, and investigation.