• Title/Summary/Keyword: Bank of Korea

Search Result 2,743, Processing Time 0.03 seconds

Numerical analysis for hydrodynamic interaction effects between vessel and semi-circle bank wall

  • Lee, Chun-Ki;Moon, Serng-Bae;Oh, Jin-Seok;Lee, Sang-Min
    • International Journal of Naval Architecture and Ocean Engineering
    • /
    • v.7 no.4
    • /
    • pp.691-698
    • /
    • 2015
  • The hydrodynamic interaction forces and moments induced by the vicinity of bank on a passing vessel are known as wall effects. In this paper, the characteristics of interaction acting on a passing vessel in the proximity of a semi-circle bank wall are described and illustrated, and the effects of ship velocity, water depth and the lateral distance between vessel and semi-circle bank wall are discussed. For spacing between ship and semi-circle bank wall (SP) less than about 0.2 L and depth to ship's draft ratio (h/d) less than around 2.0, the ship-bank interaction effects increase steeply as h/d decreases. However, for spacing between ship and semi-circle bank wall (SP) more than about 0.3 L, the ship-bank interaction effects increase slowly as h/d decreases, regardless of the water depth. Also, for spacing between ship and semi-circle bank wall (SP) less than about 0.2 L, the hydrodynamic interaction effects acting on large vessel increase largely as ship velocity increases. In the meantime, for spacing between ship and semi-circle bank wall ($S_P$) more than 0.3 L, the interaction effects increase slowly as ship velocity increases.

The Bank Loan of Construction·Real Estate Industry and Bank Risk (건설 및 부동산업 대출과 은행 위험)

  • Lee, Sang-Wook
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.16 no.8
    • /
    • pp.5267-5272
    • /
    • 2015
  • This paper analyzes the relationship between the industry bank loan concentration and its risk using the Korean bank loan data. We focused on the construction and real estate industry which are controversial on the non performing loans. We used the construction or leasing real estate industry bank loan ratio of the corporate bank loan as the bank loan concentration proxies. The bank risk are measured as the equity capital rate or the size of non performing loans. According to the results of this research, the preceding bank loan ration of the construction industry or the leasing real estate industry decreases the non performing loans and increases the equity capital rate. The bank loan concentration to the specific industry may not increase bank risk. The bank loan concentration may decrease the information asymmetry and improve the screening abilities the non performing loans. We suggest that the bank loan concentration on the construction or leasing real estate industry in the Korean economy may not directly connected to the bank risk.

Numerical study of hydrodynamic interaction on a vessel in restricted waterways

  • Lee, Chun-Ki
    • International Journal of Naval Architecture and Ocean Engineering
    • /
    • v.4 no.1
    • /
    • pp.1-8
    • /
    • 2012
  • The hydrodynamic interaction between ship and bank can't be neglected when a vessel is app- roached toward the tip of a wedge-shaped bank in restricted waterways, such as in a harbor, near some fixed obstacles, or in a narrow channel. In this paper, the characteristic features of the hydrodynamic interaction acting on a slowly moving vessel in the proximity of a wedge-shaped bank are described and illustrated, and the effects of water depth and the spacing between ship and wedge-shaped bank are summarized and discussed based on the slender body theory. From the theoretical results, it indicated that the hydrodynamic interactions decrease as wedge-shaped bank of angle ${\beta}$ in-creases. For water depth to draft ratio less than about 2.0, the hydrodynamic interactions between ship and bank in-crease sharply as h/d decreases, regardless of the wedge-shaped bank of angle ${\beta}$. Also, for lateral separation more than about 0.2L between ship and wedge-shaped bank, it can be concluded that the bank effects decrease largely as the separation increases.

Bisphosphonates-related osteonecrosis of the jaw in Korea: a preliminary report

  • Lee, Jeong Keun;Kim, Kyung-Wook;Choi, Jin-Young;Moon, Seong-Yong;Kim, Su-Gwan;Kim, Chul-Hwan;Kim, Hyeon-Min;Kwon, Yong-Dae;Kim, Yong-Deok;Lee, Dong-Keun;Min, Seung-Ki;Park, In-Sook;Park, Young-Wook;Kook, Min-Suk;Park, Hong-Ju;Baek, Jin-A;Park, Jun-Woo;Kwon, Tae-Geon
    • Journal of the Korean Association of Oral and Maxillofacial Surgeons
    • /
    • v.39 no.1
    • /
    • pp.9-13
    • /
    • 2013
  • Objectives: Bisphosphonates (BP) are widely used in medicine for inhibiting bone resorption; however bisphosphonate-related osteonecrosis of the jaw (BRONJ) is a major side effect of BP. To date, there have been no specific reports on the incidence of BRONJ among Koreans. This study investigated the preliminary results from a nationwide survey of BRONJ in the Departments of Oral and Maxillofacial Surgery (OMFS) at individual training hospitals. Materials and Methods: A total of 15 OMFS departments (10 from dental schools, 4 from medical schools, and 1 from a dental hospital) participated in a multi-centric survey. This study assessed every BRONJ case diagnosed between January 2010 and December 2010. The patient age and BP type were evaluated. Results: A total of 254 BRONJ cases were collected. The majority of BRONJ cases were associated with oral BP therapy, while 21.8% of the cases were associated with intravenous administration. Alendronate was the drug most frequently related to BRONJ (59.2% of cases), followed by risedronate (14.3%) and zolendronate (17.0%). The average age of BRONJ patients was $70.0{\pm}10.1$ years, with a range of 38-88 years of age. With the number of BP patients in Korea reported to be around 600,000 in 2008, the estimated incidence of BRONJ is at least 0.04% or 1 per 2,300 BP patients. Conclusion: The results suggest that the estimated incidence of BRONJ in Korea is higher than the incidence of other countries. Future prospective studies should be carried out to investigate the exact epidemiological characteristics of BRONJ in Korea.

PMI Using Knowledge Management Viewed from Merger of Hanil Bank and Commercial Bank of Korea (지식경영을 활용한 기업인수 후 합병후 통합(PMI) : 한일은행과 상업은행의 합병 사례를 중심으로)

  • Jekarl, Jeong-Oung;Choi, Dosoung
    • Knowledge Management Research
    • /
    • v.9 no.1
    • /
    • pp.97-116
    • /
    • 2008
  • The purpose of this study lies in examining how knowledge management was applied to PMI(Post Merger Integration) in bank merger. Individuals and organizations in Korea have experienced a lot of changes since the 1997 foreign exchange crisis. In such a situation, individuals came to think the only thing to rely on was personal knowledge. Since organizations had to lay off workers in order of their birth year, not based on whether or not individuals had the knowledge necessary for the organizations, they needed to have such a system that could use their explicit knowledge and even outside knowledge or customers' knowledge as IT developed by changing individuals' tacit knowledge into explicit knowledge as needed in order to continue to maintain their competitiveness and for their own development. Thus, each firm started to pitch for the introduction of knowledge management. Individuals started to store their own experience and knowledge in their homepages or blogs. It was Woori Bank, the merged bank of Hanil Bank and Commercial Bank of Korea, that introduced the knowledge management system and Shared Service Center, in which knowledge creation is available, for the first time in the banking business. Its previous name was Hanbit Bank. Hanbit Bank wanted to construct an advanced bank system, bringing in their chief information officer(CIO) from a foreign bank and introducing an IT software used in Spanish banks to adjust all banking processes to it. However, they could not help giving up the plan in the middle of the road since there was a great difference between Spain and Korea in the financial system and more than 30% of software package had to be changed. In this situation, PMI was delayed, and customer inconvenience continued, which made the integration of organizational cultures slow down. As a breakthrough in this situation, knowledge management was introduced. To integrate knowledge of two organizations in the process of PMI is an important job for all merger candidates. This study aims at presenting the successful results from using knowledge management as a means to PMI ahead of other financial institutions so they can apply them to their organizations. PMI was not achieved properly after the two banks had been merged as Hanbit, but entering the era of Woori Bank, workers were integrated under one standard organization following the organizational and knowledge integration, and knowledge management was introduced for an efficient sharing of knowledge among members. A great number of mergers have occurred up to now, but Woori Bank is the first case that used knowledge management as a means to both PMI and competitiveness enhancement. Probably it was an appropriate time when Woori Bank introduced knowledge management as it was organized. Since Hanil Bank and Commercial Bank of Korea had not introduced knowledge management until then, it could use knowledge management as a means to PMI. Using knowledge management, it could create a new organizational culture and increase competitiveness in the banking industry.

  • PDF

Impact of Board Characteristics on Bank Risk: The Case of Vietnam

  • TRAN, Tu T.T.;DO, Nhung H.;NGUYEN, Yen T.
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.9
    • /
    • pp.377-388
    • /
    • 2020
  • The research identifies hypotheses evaluating the impact of board characteristics on the risk of the commercial bank as well as examining the determinants of bank risk in Vietnam over a 10-year period, starting from 2008. Also, in this research, the differences between the roles of women and men in decision-making are tested. Based on this decision, risks of the banks may arise. Ordinary least squares(OLS) regression, Random effect method, and Fixed effect method are used to estimate the factors that have an impact on bank risk for dataset of all commercial banks in Vietnam. The results found that equity-to-asset ratio, bank performance and the economic growth have an inverse relationship with bank risk, while the size of bank has a positive relationship with the bank risk. One of the highlights of this paper is a demonstration of the relationship between CEO's gender and bank risk. The test result shows that the bank led by a female faces a higher overall risk level and credit risk than a bank led by a male. Based on this result, the paper also makes recommendations to Government, the State Bank of Vietnam and the commercial banks for effective risk management.

The Effect of Liquidity Creation on Bank Capital: A Case Study in Indonesia

  • FUAD, Ahmad;DISMAN, Disman;NUGRAHA, Nugraha;MAYASARI, Mayasari;FUAD, Ahmad
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.5
    • /
    • pp.649-656
    • /
    • 2021
  • This paper aims to examine the moderating role of bank competition on the effect of liquidity creation on bank capital. We measure bank competition using the Lerner index approach, liquidity creation using the Catfat approach, and bank capital using the capital to total asset ratio approach. This test also considers control variables from bank-specific factors such as Return on Assets, Loan to Deposit Ratio, and Non-Performance Loans as well as macroeconomic factors such as Gross Domestic Product, inflation, and Bank Indonesia interest rates. The sampling technique used was purposive sampling. The data sample obtained was 96 banks from a population of 114 banks in Indonesia which consistently operated during the period 2008-2018. Hypothesis testing uses panel data regression analysis techniques through the first model of the Hayes method. The results show that the negative effect of liquidity creation on bank capital depends on competition. We found that bank competition at any level (low, medium, high) negatively moderates (weakens) the effect of liquidity creation on bank capital in all banks. This finding is consistent with the view that banks may strengthen their capital in response to bank competition which may decrease the level of bank liquidity creation.

Summer Vegetation Characteristic of Nature-like Stream Bank Stabilization (자연형 호안공법의 여름철 식생특성)

  • Lee, Kang-Suk;Park, Jin-Ki;Park, Jung-Haw;Yeon, Gyu-Bang
    • Proceedings of the Korea Water Resources Association Conference
    • /
    • 2009.05a
    • /
    • pp.2078-2082
    • /
    • 2009
  • Riparian vegetation distribution patterns and diversity relative to various fluvial geomorphic channel patterns, stream bank stabilization methods, and stream flow processes are described and interpreted for selected stream of Goesan, Central Korea. Idong Stream Pilot Project, which began in May 2003 and finished in December 2003, was selected to develop effective methods. The project aim to maintain or increase stream bank stabilization ecosystem goods and services while protecting downstream and stream bank ecosystem. A number of protecting methods which are a Flight of fieldstone, Vegetation block, Green river block, Stone net, Green environment block, Eco friendly cobble, Vegetation mat and Geo green cell and Firefly block were applied on the bank of Idong stream. The stream sites have been monitored about flora conditions each method in 2007. We selected 12 points for summer seasons to separately investigate in left bank, right bank and river bed. The main purpose of this study was to find out suitable methods and to improve stream restoration techniques for ecosystem. On the stream bank, Eco friendly cobble method(9.57) was the highest average of vegetation cover and Firefly block method(3.87) was the lowest average in applied methods.

  • PDF