BOK raises pay for its top executives

Pay for top executives at the Bank of Korea increased by up to 30 per cent last year the central bank said, but the move raised eyebrows elsewhere.

Source: The Korea Herald

The Bank of Korea (BOK) increased the pay of its executives up to 30 percent this year, drawing criticism from commercial banks that are bracing for belt-tightening efforts due to declining revenues.

The Ministry of Finance and Economy approved the central bank's request for an increase in its executives' compensation earlier

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.