This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
A major contributor to this article appears to have a close connection with its subject. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. Please discuss further on the talk page.(August 2015) (Learn how and when to remove this message)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Korea Deposit Insurance Corporation" – news · newspapers · books · scholar · JSTOR(July 2015) (Learn how and when to remove this message)
(Learn how and when to remove this message)
Korea Deposit Insurance Corporation
예금보험공사 Yegeum Bohum Gongsa
KDIC headquarter along Cheonggyecheon in Downtown Seoul
Agency overview
Formed
June 1, 1996; 27 years ago (1996-06-01)
Headquarters
Jung District, Seoul, South Korea 37°34′07″N126°58′51″E / 37.5685087°N 126.9807429°E / 37.5685087; 126.9807429
Agency executive
Gwak Bum-Gook, Chairman & President (Since 2015)
Parent agency
Financial Services Commission
Website
www.kdic.or.kr/english/index.jsp
Korean name
Hangul
예금보험공사
Hanja
預金保險公社
Revised Romanization
Yegeum Bohum Gongsa
McCune–Reischauer
Yegŭm pohŏm kongsa
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.
and 27 Related for: Korea Deposit Insurance Corporation information
Depositinsurance or deposit protection is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by...
Power, Korea Midland Power, Korea Western Power, Korea Southern Power, and Korea East-West Power. In October 2012, KoreaDepositInsuranceCorporation sold...
United States Kenya DepositInsuranceCorporation, a Kenyan organ for depositinsuranceKoreaDepositInsuranceCorporation, a South Korean semi-government...
banks acquired or bankrupted during the Great Recession KoreaDepositInsuranceCorporation § Resolution of Failed Financial Institutions List of banks...
and Seoul Bank were recapitalized by the Korea Deposit InsuranceCorporation. The Bank of Korea purchased two trillion won of bonds in the Non-Performing...
percent capital adequacy ratio. The South Korean Government, through the KoreanDepositInsuranceCorporation, remains the primary investor as a result...
the KoreaDepositInsuranceCorporation), and foreign embassies influenced by Ministry of Foreign Affairs in Government Complex Seoul. South Korea's top...
seized SVB and placed it under the receivership of the Federal DepositInsuranceCorporation (FDIC). An additional $100 billion were expected to be withdrawn...
Zurich Insurance Group Ltd is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. As of 2021,[update] the group is the...
also provides depositinsurance similar to the manner in which the Federal DepositInsuranceCorporation (FDIC) provides depositinsurance to banks. State-chartered...
bond, a government bond, or even making a cash deposit with the state.[citation needed] An insurance company may inadvertently find that its insureds...
C&T Corporation (respectively the world's 13th and 36th largest construction companies). Other notable subsidiaries include Samsung Life Insurance (the...
access to USAA's investment products, most bank deposit products and life insurance. Auto and property insurance policies were not included for non-military...
Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services...
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among...
maintains a three-tier system of deposit-taking institutions, i.e. licensed banks, restricted licence banks and deposit-taking companies. They are collectively...
Mutual Fund Trust SF Insurance Placement Corporation of Canada Insurance Placement Services, Inc. State Farm International Life Insurance Company Ltd. Plaza...
International Group, Inc. (AIG) is an American multinational finance and insurancecorporation with operations in more than 80 countries and jurisdictions. As...
public-sector clients in South Korea include the Ministry of Information and Communication, the KoreaDepositInsuranceCorporation, the Ministry of Education...
Its shareholders include the Tehran Stock Exchange Corporation (20%), several banks, insurance companies and other financial institutions (60%), and...
2012. "FDIC: Bank Closing Information for NetBank". Federal DepositInsuranceCorporation. 28 September 2007. "ING DIRECT Acquires ShareBuilder" (Press...
central bank but also other authorities such as the Central DepositInsuranceCorporation in Taipei. In 2011, the year when the People's Bank of China...
Bank was taken into administrative receivership by the Federal DepositInsuranceCorporation (FDIC) and its assets and secured liabilities transferred to...