BOK chief to attend BIS governors' meeting in Switzerland, fintech event in Singapore
SEOUL, Nov. 5 (Yonhap) — Bank of Korea (BOK) Gov. Rhee Chang-yong will depart for the Swiss city of Basel this week to attend meetings with central bank governors of the Bank of International Settlements (BIS) member nations, his office said Wednesday.
During his seven-day visit starting Thursday, Rhee is scheduled to join his counterparts from BIS member nations to discuss recent developments in the global economy and financial markets through the Global Economy Meeting, Meeting of Governors and the Economic Consultative Council, according to the BOK.
As the chair of the BIS’ Committee on the Global Financial System, Rhee will preside over a discussion session on pending global financial issues, it added.
Following the visit, Rhee is scheduled to fly to Singapore next Wednesday to attend the Singapore FinTech Festival 2025, a global event on financial technologies, and plans to introduce the BOK’s digital currency project and participate in discussions on the role of the so-called central bank digital currency (CBDC) in the digital financial environment.
The festival is expected to bring together CEOs of major financial and technology companies, as well as central bank governors and policymakers from major economies, according to the BOK.
Bank of Korea Gov. Rhee Chang-yong speaks during a press conference in Seoul, in this file photo taken Oct. 23, 2025. (Yonhap)
graceoh@yna.co.kr
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Bank of Korea Gov. Rhee Chang-yong speaks during a press conference in Seoul, in this file photo taken Oct. 23, 2025. (Yonhap)
graceoh@yna.co.kr
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