The Bank of Korea has designated 12 banks as market makers for direct trading of the South Korean won against the Chinese yuan in 2026.

The Bank of Korea announced on Friday that it has selected 7 domestic banks and 5 foreign banks with branches in South Korea as market makers for direct trading between the Korean Won and the Chinese Renminbi next year. The 7 domestic banks are KB Kookmin Bank, NH Nonghyup Bank, Shinhan Bank, Woori Bank, Korea Development Bank, KEB Hana Bank, and Industrial Bank of Korea. The 5 foreign banks are China Construction Bank, Bank of Communications, Industrial and Commercial Bank of China, Bank of China, and HSBC Holdings.