• International Area Studies Review
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• v.15 no.1
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• pp.341-365
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• 2011

This study used a non-parametric linear program, Data Envelopment Analysis to compare the efficiency of South Korean and Chinese banks from 2000 to 2008, which is said to be the reformation period of their financial structure. The sample banks were 10 commercial banks and 6 regional banks in Korea, and 4 state-owned commercial banks and 11 stock commercial banks in China. The main objective of our research is to compare their efficiency, as well as the changes in efficiency periodically according to the types of the banks. According to the periodical analysis, both of the countries showed steady increase in efficiency. This shows that finance restructure and merging were positive factors for bank's efficiency during the revolution of finance structure. The study showed that between Korea and China, the bank of Korea has higher efficiency than that of China. Although the reconstruction period happened around the same time, due to the earlier acceleration period to opening Korea's financial market, made the difference in efficiency.

• Korea Trade Review
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• v.46 no.5
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• pp.173-194
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• 2021

This study aims to derive precaution points for issuing banks in refusing payment under L/C through literature review and examination of court cases and official opinions of ICC Banking Commission with regard to the provisions of article 16 of UCP 600 that stipulates obligations of issuing banks in refusing payment. If the issuing bank fails to act in accordance with this article, it shall be precluded from claiming that the documents do not constitute a complying presentation. Therefore, it is crucial that issuing banks should be well informed of this article. When discrepant documents are presented, however, issuing banks seldom refuse payment because, in most cases, the applicants waive the discrepancies. For this reason, issuing banks have few chances to deal with payment refusal in practice and thus they occasionally end up failing to observe the provisions of the article. Such court cases include Kookmin Bank and Korean Exchange Bank (currently Hana Bank) that failed to indicate discrepancies in the refusal notice losing the lawsuits. It should be noted that if issuing banks disregard the provisions of article 16 of UCP 600 and thus fail to indicate discrepancies in the refusal notice, they may face fatal situations in which they must make payment against discrepant documents.

• Journal of Digital Convergence
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• v.15 no.12
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• pp.111-126
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• 2017

Korea came to see its first internet bank as 'K bank' obtained the digital-only banking license in December 2016. This paper suggests ways to foster internet banks of Korea in their early stage by analyzing the successful cases of overseas internet banks. The followings are the key success factors identified from those cases across Europe, Japan, China, and USA: Support from the related government authorities; Stable governance structure; Distinct business capabilities based on information & communications technology(ICT). These points lead to the following implications for Korean internet banks. Regulatory restrictions on owning and running internet banks should be lifted to facilitate innovation. Policies to support internet bank industry should be introduced as it is a vital part of the 4th industrial revolution. Finally, internet banks should strive to differentiate themselves by utilizing their ICT capabilities. Subjects of the further research hereafter should include the following: Analyzing the ongoing performance and developments of digital banks in Korea; Deriving success factors from the analysis; Assessing the influence and effects on financial market and economic environment.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.25 no.9B
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• pp.1570-1578
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• 2000

A quadrature pair of filter banks that are composed of a pair of cosine and sine modulated filter banks is applied to MC-CDMA data transmultiplexing in the view point of mitigating inter-channel interferences. Exploiting superior capabilities of wavelet properties in composing the filter banks the proposed scheme is capable of compromising inter-channel interference problems better than the conventional DFT-based MC-CDMA due to superior subchannelization effects. To verify the behavior of our proposed MC-CDMA system based on the quadrature filter banks the reverse-link bit error rates with respect to signal-to-noise ratio under Rayleigth fading and additive white Gaussian noise channel environments are computed. The results show an improved system performance over the conventional MC-CDMA in the view point of minimizing interference effects.

• Proceedings of the Korean Information Science Society Conference
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• 2003.10a
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• pp.196-198
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• 2003

Virtually every digital signal processors(DSPs) support on-chip multi- memory banks that allow the processor to access multiple words of data from memory in a single instruction cycle. Also, all existing fixed-point DSPs have irregular architecture of heterogeneous register which contains multiple register files that are distributed and dedicated to different sets of instructions. Although there have been several studies conducted to efficiently assign data to multi-memory banks, most of them assumed processors with relatively simple, homogeneous general-purpose resisters. Therefore, several vendor-provided compilers fer DSPs were unable to efficiently assign data to multiple data memory banks. thereby often failing to generate highly optimized code fer their machines. This paper presents an algorithm that helps the compiler to efficiently assign data to multi- memory banks. Our algorithm differs from previous work in that it assigns variables to memory banks in separate, decoupled code generation phases, instead of a single, tightly-coupled phase. The experimental results have revealed that our decoupled algorithm greatly simplifies our code generation process; thus our compiler runs extremely fast, yet generates target code that is comparable In quality to the code generated by a coupled approach

• Transactions of the Korean Society of Mechanical Engineers
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• v.13 no.5
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• pp.1023-1031
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• 1989

An experimental study is conducted to investigate the turbulent wake flow around tubes in vertical single row tube banks. All measurements are performed at Reynolds number(Re$_{max}$) 4.2*10$_{3}$ - 2.5*10$_{4}$ with varying tube spacings from the wide pitch ratio(H/D=3.07) to the very narrow one(H/D=1.23). Flow patterns are visualized using the smoke-wire method. Mean static pressures, velocity components, and various statistical quantities of turbulence are obtained by the computer on-line technique. In the case of wide tube spacings, the near wakes of tube show similar trends to those of a single tube, and their flow indicats an anisotropic turbulence. However, as the pitch ratio decreases, wide and narrow wakes appear alternately behind adjacent tubes due to the deflected flow. Also, in the case of H/D .leq. 1.54, Karman vortex is not formed at the side of relatively wide wake.e.

• Proceedings of the Korean Society of Computer Information Conference
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• 2019.07a
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• pp.401-402
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• 2019

The purpose of this study is to find specific service quality factors of enterprises that can maximize the perception of banks' services to users of commercial banks in China, and to establish empirically how these quality factors affect the bank's image. They also want to verify the impact of the positive image of the bank on the user's satisfaction and the willingness to use the bank's services. For empirical verification of this study, questionnaires will be used to customers who have used the services of each of the four commercial banks in China, and the survey was conducted. The collected data were analyzed using the SPSS using statistical techniques such as Cronbach' ${\alpha}$, Investigative Factor Analysis, Reliability Analysis, Correlation Analysis, Regression and Difference Verification. The results of the verification were summarized below. First, the quality of service of commercial banks has a partial positive effect on the bank's image. Second, the image of a commercial bank has a positive effect on customer satisfaction. Third, the image of a commercial bank has a positive effect on the purpose of use. Fourth, the image of commercial banks has a partial mediated effect between service quality and customer satisfaction. Fifth, the image of a commercial bank has a partial mediated effect between the quality of service and its intended use.

• Atmosphere
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• v.34 no.2
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• pp.107-121
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• 2024

In this study, we empirically analyzed the impact of physical risks due to climate change on the soundness and operational performance of the financial industry by combining economics and climatology. Particularly, unlike previous studies, we employed the Seasonal-Trend decomposition using LOESS (STL) method to extract trends of climate-related risk variables and economic-financial variables, conducting a two-stage empirical analysis. In the first stage estimation, we found that the delinquency rate and the Bank for International Settlement (BIS) ratio of commercial banks have significant negative effects on the damage caused by natural disasters, frequency of heavy rainfall, average temperature, and number of typhoons. On the other hand, for insurance companies, the damage from natural disasters, frequency of heavy rainfall, frequency of heavy snowfall, and annual average temperature have significant negative effects on return on assets (ROA) and the risk-based capital ratio (RBC). In the second stage estimation, based on the first stage results, we predicted the soundness and operational performance indicators of commercial banks and insurance companies until 2035. According to the forecast results, the delinquency rate of commercial banks is expected to increase steadily until 2035 under assumption that recent years' trend continues until 2035. It indicates that banks' managerial risk can be seriously worsened from climate change. Also the BIS ratio is expected to decrease which also indicates weakening safety buffer against climate risks over time. Additionally, the ROA of insurance companies is expected to decrease, followed by an increase in the RBC, and then a subsequent decrease.

• Korean Journal of Human Ecology
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• v.13 no.3
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• pp.453-466
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• 2004

This study reviewed the marketing strategies of domestic banks and introduced the theoretical framework of CRM model. The market segmentation for consumers in several domestic banks was compared and whether those informations were useful for consumers to evaluate the banks fit to their needs and for bank managers to promote their marketing strategies were also analyzed. The results of study showed that the domestic banks seemed to be apparently different in consumer services. This study showed that their private strategies must be somewhat different and it was important to search and keep those VIP's who contributed to their business. It was recommended to build the PB(private banking) center to counsel those VIP's and to analyze customers' characteristics.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.12 no.5
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• pp.77-91
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• 2009

The purpose of this study is to define the species composition of the soil seed banks at major wetlands in Nakdong river basin and central korea and to investigate how soil seed banks relate to aboveground vegetation and soil texture. In 2005, we sampled seed banks at Baksil reservoir, Jillal marsh, Deapyeng marsh, Hwapo marsh, Upo marsh and Junam reservoir in Nakdong river basin and Osan stream and Amsa-dong in Seoul. The soil seeds were estimated with the emergence method from April to October. Total numbers of species at the seed banks were 33 at Baksil, 18 at Daepyeong, 35 at Jillal, 56 at Upo, 32 at Hwapo, 47 at Osan stream, 54 at Amsa waterside, 31 at Amsa meadow. The species diversity in the soil seed banks of Upo marsh was the highest as 0.95. The community overlap index that compares aboveground with underground vegetation is high in the Upo marsh (0.34), Jilla marsh (0.36), and Osan stream (0.27). Soil texture affected distribution of 8 species, Lindernia procumbens, L. attenuata, Arenaria serpyllifolia, Juncus effusus, Persicaria thunbergii, Eragrostis multicaulis, Cyperus nipponicus, Scirpus fluviatilis. Considering the social and cultural values, soils at Amsa meadow, Hwapo marsh and Osan stream have worth to use for wetland restoration.