< Contents >

1. Introduction ...2

2. Organization ...4

 2.1 Monetary Policy Board ...4

 2.2 Executive ...7

 2.3 Auditor ...8

3. Functions ...8

 3.1 Issuing Banknotes and Coins ...9

 3.2 Formulating and Implementing Monetary Policy ...10

 3.3 Maintaining Financial System Stability ...16

 3.4 Serving as the Banker to Banks ...17

 3.5 Serving as the Banker to the Government ...18

 3.6 Operating and Overseeing the Payment Systems ...19

 3.7 Managing the Official Foreign Reserves ...20

 3.8 Compiling Statistics and Conducting Economic Research ...21

 3.9 Pursuing International Cooperation ...22

 3.10 Providing Economic Education ...23

- Appendixes ...24

 1. Organization of Bank of Korea ...24

 2. Bank of Korea Contact Details ...25